Scotiabank
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GBPUSD: Soft performance amid political risks – Scotiabank
The GBP is soft against the USD, underperforming most G10 currencies in quiet trading. Political risks remain a concern, particularly…
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USD: Consolidation amid soft undertone – Scotiabank
The USD is experiencing mixed trading, regaining some ground against core majors after earlier losses. The undertone remains bearish, with…
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GBP: Firm amid rising shop prices – Scotiabank
Sterling remains firm, holding just under its recent high as UK shop prices rise, according to Scotiabank’s Daily FX Update…
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GBP: Rally continues with sentiment support – Scotiabank
The GBP is up 0.2% against the USD, continuing its rally driven by positive sentiment and stronger-than-expected economic data. The…
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Canadian dollar steadies as oil rebound offers support – Scotiabank
The Canadian Dollar (CAD) is steady, up fractionally vs. the US Dollar (USD) as it trades in a tight consolidation…
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EUR/USD stabilizes after pullback from December highs – Scotiabank
The Euro (EUR) is trading marginally higher against the US Dollar (USD), consolidating after its retreat from late-December highs as European…
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USD: Markets rattled as Fed receives grand jury subpoenas – Scotiabank
Markets have started the week with something of a jolt after Fed Chair Powell revealed in a statement Sunday evening…
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Euro strengthens amid broad USD weakness – Scotiabank
The Euro (EUR) is strong, up 0.4% vs. the US Dollar (USD) and a mid-performer among the G10 currencies in an…
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GBP/USD consolidates near 1.3500 – Scotiabank
The Pound Sterling (GBP) is trading flat against the US Dollar (USD), consolidating around 1.3500 as weak construction PMI data…
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EUR holds steady in quiet trade ahead of NA session – Scotiabank
The Euro (EUR) is steady, entering Wednesday’s NA session unchanged vs. the US Dollar (USD) in an overall quiet market. The…
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