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Dollar crosses to keep stabilising until Friday’s US PCE – ING
FX markets are still struggling to find direction. Economists at ING analyze Dollar’s outlook. Keep an eye on a speech by the Fed’s Christopher Waller Today, monthly wholesale sales and inventory revisions are the only data releases on the calendar along with the weekly MBA mortgage applications. It
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USD/MXN advances to near 16.60 ahead of Mexico’s Jobless Rate, Trade Balance data
USD/MXN appreciates ahead of Jobless Rate, Trade Balance from Mexico. The decline in the US Treasury yields could limit the advance of the US Dollar. Banxico Governor Victoria Rodriguez Ceja emphasized that the fight against inflation is not yet over. USD/MXN retraces its recent losses registered in
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GBP/USD Price Analysis: Could test the level of 1.2600, next support at March’s low
GBP/USD could break the psychological support of the 1.2600 level to revisit March’s low at 1.2575. Technical analysis suggests the bearish sentiment to test the major support of the 1.2550 level. The resistance zone could be found around the 23.6% Fibonacci retracement level of 1.2650 level and the
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JRFX: Tips for successful forex trading UK
Tips for Successful Forex Trading UK. Are you ready to embark on a journey into the world of forex trading in the UK? Forex trading offers immense potential for profit, but success requires strategy, knowledge, and the right tools. Here are valuable tips to help you navigate the UK forex market succ
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Flat UK retail sales blamed on poor weather as markets digest blockbuster week
EU Mid-Market Update: Flat UK retail sales blamed on poor weather as markets digest blockbuster week that saw several surprise Central Bank rate decisions. Notes/observations - Mixed EU indices with FTSE100 outperforming due to slightly better-than-expected Feb Retail Sales, albeit still flat to dec
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SNB will adjust monetary policy again if necessary, a recipe for steady Franc depreciation – SocGen
EUR/CHF accelerates through 0.9750, USD/CHF clears 0.8950 after the SNB rate cut. Economists at Société Générale analyze the Swiss Franc (CHF) outlook. SNB cuts 25 bps to 1.50% The SNB stole a march on the ECB after cutting rates by 25 bps to 1.50%. Market views were divided but the chance for a cut
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