Norma
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Canadian Dollar grinds out meager recovery ahead of Tuesday's US PMI figures
Canadian Dollar finds room on high side as data-driven markets await US PMI print. Canada data remains limited until Wednesday's CAD Retail Sales. Tuesday's US PMIs expected to show a slight uptick in activity. The Canadian Dollar (CAD) is moderately higher on Monday, trading into the green against
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Poland Industrial Output Falls More Than Forecast, Producer Prices Decline Further
Poland's industrial production decreased at the fastest pace in ten months in March, while producer prices continued their steep falling trend, separate reports from Statistics Poland revealed on Monday. Industrial production dropped 6.0 percent year-over-year in March, reversing a 3.3 percent rise
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USD/JPY outlook: Keeps firm tone and continues to trade near pivotal 155.00 barrier
USD/JPY USDJPY keeps firm tone and continues to trade near pivotal 155 barrier, where strong offers cap the action on expectations that Japan’s authorities may intervene at this zone. Technical picture on daily and weekly chart remains increasingly bullish, with strong positive signal generated on w
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USD/INR strengthens amid Iran airport attacks and oil prices rise
Indian Rupee weakens on Friday due to geopolitical tension risks, renewed USD demand. The fear of a wider conflict between Israel and Iran exerts some selling pressure on the INR. Investors await the RBI Monetary Policy Committee (MPC) Meeting Minutes, which are due on Friday. Indian Rupee (INR) tra
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What’s your buying experience from Saraf furniture in India? Saraf Furniture Reviews
My experience with Saraf Furniture was always fabulous! Visiting here for the past 5 years now, and there is always something new and different to look forward to. Buying gets easier when there are professional experts to help in choosing the right product. I recently purchased a Wardrobe and Sofa f
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USD/CAD climbs above 1.3800 after mix Canadian Inflation data
USD/CAD rises to 1.3820 as mixed Canadian inflation report keeps BoC rate cut hopes firm. BoC’s preferred inflation gauge softens to 2.0% on a year-on-year basis. The US Dollar hovers near a six-month high as the Fed is expected to delay rate cut plans. The USD/CAD pair jumps to 1.3820 in Tuesday’s
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Our new baseline has 75bp of ECB cuts in 2024 – Deutsche Bank
Analysts at Deutsche Bank share their revised outlook for the European Central Bank's (ECB) monetary policy. New baseline has 75bp of cuts in 2024 "We are updating our ECB baseline to a more gradual – and uncertain – easing cycle. We continue to expect the first rate cut in June. We previously expec
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US Dollar Index outlook: Hits five-month high as strong US data raise doubts about rate cuts
US Dollar Index The dollar continues to strengthen against its major peers, extending the steep upleg into fifth straight day and posting new five month high in early Tuesday. The latest economic data from the US showed stronger than expected rise in retail sales, adding to signals that the US econo
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USD/CAD trades with modest losses, hold above mid-1.3700s amid softer Oil prices
USD/CAD retreats from the YTD peak, albeit the downside remains cushioned. Reduced Fed rate cut bets continue to act as a tailwind for the USD and the pair. Softer Crude Oil prices could undermine the Loonie and help limit the downside. The USD/CAD pair comes under some selling pressure on the first
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