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USD/CAD finds tough resistance near 1.3600 amid subdued USD Index and oil accelerates

The USD/CAD pair has sensed stiff barriers near 1.3600 in the Asian session. The downside bias for the Loonie asset seems solid as the US Dollar Index
update2023.03.29 10:19

Mexico: Banxico raises rates by 25 basis points to 11.25% as expected

The Bank of Mexico raised it key interest rate by 25 basis points as expected, to 11.25%. That represents the smallest rate hike since November 2021.
update2023.03.31 04:12

AUD/USD eyes weekly gains above 0.6700 ahead of China PMI, Fed's favorite inflation

AUD/USD bulls occupy the driver's seat while reversing the previous weekly losses around 0.6715 as traders await the key inflation clues from the US o
update2023.03.31 07:11

Australia CPI Preview: Forecasts from five major banks, inflation probably moderated

Australian Consumer Price Index (CPI) figures will be released on Wednesday, March 29 at 00:30 GMT and as we get closer to the release time, here are
update2023.03.28 15:27

EUR/GBP to trend higher as monetary policy divergence weighs on the Pound - Morgan Stanley

Economists at Morgan Stanley Research discuss GBP outlook. Monetary policy divergence could weigh on the British Pound. BoE is done hiking "We remain
update2023.03.30 17:16

Gold Price Forecast: XAU/USD corrects to near $1,970 on UBS-Credit Suisse deal, Fed policy eyed

Gold price (XAU/USD) corrected to near $1,970.00 after UBS announced the Credit Suisse rescue plan. The precious metal is gauging a cushion around the
update2023.03.20 12:30

US: S&P Global Manufacturing PMI rises to 49.3, Services PMI improves to 53.6 in February

The business activity in the US private sector expanded at a strengthening pace in February with the S&P Global's Composite PMI rising to 53.3 from 50
update2023.03.24 22:50

ECB's Schnabel: No sign of weakening in labour market

European Central Bank (ECB) Governing Council member Isabel Schnabel said on Monday that they have no real concern about financial stability risks but
update2023.03.28 01:20

Aussie Retail Sales in line, AUD/USD prints session high

The Retail Sales released by the Australian Bureau of Statistics has been released as follows: Australian Retail Sales MoM final actual 0.2% (forecast
update2023.03.28 09:33

USD/JPY Price Analysis: Drops heavily below 131.00 as US banking jitters ease further

The USD/JPY pair has witnessed an intense sell-off after failing to sustain above 131.50 in the Asian session. The asset has observed significant offe
update2023.03.28 10:32

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