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Metals
XAG/USD rises to near $48.50 as Fed rate cut bets increase
Silver price appreciates on rising odds of a Fed rate cut in December, following soft Challenger Job Cuts data. CME…
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Metals
Gold draws support from safe-haven flows and Fed rate cut bets
Gold catches fresh bids on the last day of the week amid reviving safe-haven demand. Bets that the Fed might…
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Forex
EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance
EUR/JPY softens to near 176.60 in Friday’s Asian session. Minutes of the BoJ’s September policy meeting kept hopes alive for…
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Forex
Australian Dollar remains subdued following China’s Trade Balance data
Australian Dollar moves little as China’s Trade Surplus eased to CNY640.4 billion in October, from CNY645.47 billion prior. The AUD…
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Forex
NZD/USD drifts lower below 0.5650 as China’s Trade Surplus narrows in October
NZD/USD declines to around 0.5620 in Friday’s Asian session. China’s trade surplus came in at $90.07 billion in October, narrowing…
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Forex
USD/CAD remains above 1.4100 near six-month highs despite Fed rate cut odds
USD/CAD maintains its position close to a six-month high of 1.4140, reached on Wednesday. The US Dollar lost ground after…
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Forex
Japanese Yen consolidates as BoJ rate hike uncertainty persist after weak data
The Japanese Yen bulls pause for a breather following the release of weaker domestic data. Fiscal concerns and the BoJ…
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Soft Commodities
Cattle Extend Weakness
Live cattle futures were down 85 cents to $1.75 in the nearbys on Thursday. The Thursday morning Central Stockyards Fed…
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Soft Commodities
Wheat Sees Selling as Bears Sold the Fact
The wheat market sold the fact of China purchases on Thursday, with losses across most contracts. CBT soft red wheat…
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Soft Commodities
Soybeans Collapse
Soybeans were falling for much of the Thursday session with contracts closing 24 to 28 cents in the red. There…
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