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The swaps market slightly raised the likelihood of an August cut in the US (~68% vs. 65%), a September cut (98% vs. 88%) and two cuts this year (98% vs. 80%) over the course of the past...
The UK’s Labour Party is set to win a highly anticipated landslide victory in the general election. Cable is at 1.2780, and the FTSE Futures are pointing at a positive start to the session. With the...
ISM services PMI points to an unexpected contraction in June Treasury yields and dollar take a dive, but Wall Street rallies Pound in bullish mode as UK goes to the polls amid broader risk...
European markets are likely to stay positive today, with US markets on holiday. Investor confidence has been boosted by receding French election fears and a potential Fed rate cut. As DAX breaks...
Gold Rose by Over 1% on Soft US Economic Data Yesterday, XAU/USD broke above the resistance level of 2,340 and gained 1.14% as news and US reports bolstered investor hopes for an imminent interest...
US stocks rally after Chairman Powell’s comments Focus on key US data today ahead of Thursday’s bank holiday Dovish ECB commentary to keep euro under pressure Dollar/yen rally continues US Stocks...
The euro is slightly lower on Tuesday. EUR/USD is trading at 1.0719 in the European session, down 0.19% on the day at the time of writing. The euro hit a two-week high on Monday, rising to 1.0776,...
The EUR/USD pair experienced a noticeable uptick yesterday, but failed to sustain its peak, settling at 1.0732 today. Early gains were buoyed by the initial outcomes from France's parliamentary...
The week started on a positive note but the positive vibes will likely leave their place to the chatter of scenarios regarding how the French will prevent Marine Le Pen from gaining a majority in the...
The euro has started the week with strong gains. EUR/USD is trading at 1.0756 in the European session, up 0.41% on the day at the time of writing. The euro is at its highest level since June...
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