Euro, yields dip on softer French and German PMI readings
EUR/USD has fallen from 1.0705 to 1.0670 levels on the day, following the softer PMI reports from France and Germany. It reinforces the notion that the economic resilience in Q1…
EUR/USD has fallen from 1.0705 to 1.0670 levels on the day, following the softer PMI reports from France and Germany. It reinforces the notion that the economic resilience in Q1…
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Japan’s top currency diplomat Masato Kanda said on Thursday that the government “will thoroughly respond to excessive forex moves.” Additional quotes There is no limit for forex intervention resources. Forex market…
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Fundamental OverviewThe USD last week saw a quick dip against the Yen following the soft US CPI report as the market priced back in two rate cuts by the end…
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Canadian Dollar advances favoured by retreating US yields and a softer US Dollar. USD/CAD maintains a bid tone despite the Fed’s hawkish stance and lower oil prices. Current Canadian Dollar recovery is likely…
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