USD
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European PMI Below Expectations – EUR/USD Under Pressure
Key Data: 09:15 – FrancePreliminary Manufacturing PMI – November: actual 47,8 (forecast 49 (previous 48.8)Preliminary Services PMI – November: actual…
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USD/CAD dips below 1.4100; downside seems limited amid bullish USD, sliding Oil prices
USD/CAD edges lower as the USD pauses following the recent rise to a multi-month top. Reduced December Fed rate cut…
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EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data
EUR/USD gains ground amid increasing bets for the Fed rate cut in December. CME FedWatch Tool suggests pricing in 36%…
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Australian Dollar holds ground as Australia Manufacturing PMI rises in November
The Australian Dollar rises after the release of S&P Global Purchasing Managers Index data. S&P Global Manufacturing PMI rose to…
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USD/INR trades steadily ahead of India/US flash PMI data
The Indian Rupee opens on a stable note against its major peers ahead of India’s flash private sector PMI data.…
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Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package
The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday,…
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EUR/USD slides further to near 1.1500 ahead of US NFP data
EUR/USD falls further to near 1.1500 as the US Dollar strengthens amid receding Fed dovish speculation. Many FOMC policymakers believe…
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USD/CAD flat lines above 1.4050, all eyes on US NFP data
USD/CAD trades on a flat note around 1.4060 in Friday’s early European session. The delayed US Nonfarm Payrolls (NFP) data…
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Offshore Yuan Steady After PBOC Decision
The offshore yuan steadied around 7.11 per dollar on Thursday, as China signaled reduced urgency for further monetary policy easing…
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EUR/USD hovers near weekly lows in risk-averse markets
The Euro remains trading sideways below 1.1600, with 1.1570 holding bears for now. A risk-averse sentiment is underpinning the safe-haven…
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