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EUR/USD Doesn’t Look Ripe for a Break Above 1.10 Ahead of H.8 Data
The break last week above an important resistance has boosted hopes of a fresh leg higher in EUR/USD. However, it may be premature to conclude
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US Dollar Struggles to Gain Ground as Treasury Yields Leap. Where to for USD?
The US Dollar sunk further today, adding to losses seen into the New York close on Monday. The general reversal in fortunes for risk assets
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AUD/USD Rises on Positive Retail Sales Data, CPI Ahead
AUD/USD caught a fresh bid in the Asian session with a retest of the 0.6700 level, helped by marginally better than forecast retail sales numbers.
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ECB Target Might Not Be Met Until 2025 as German Inflation Increases
Joachim Nagel, President of the Deutsche Bundesbank, said on Monday that German inflation maintains its excessively high status and that the European Central Bank (ECB)
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Ammar al-Khudairy is to be substituted by Mohammed al-Ghamdi as Saudi National Bank Chairman
On Monday, days after Ammar al-Khudairy comments exacerbated the share collapse of troubled bank Credit Suisse, Saudi National Bank Chairman Ammar al-Khudairy gave up his post.
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USD/JPY Increases as a New Trading Week Commenced
On Monday, the United States Dollar bounced a bit higher against the Japanese Yen, but the move looks corrective and comes on the back of scant