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While economists in the US and Canada, and later policymakers, are talking about peak inflation, that moment is yet to come for the UK. Annual inflation has reached double-digit territory at 10.1%. At...
Today is proving to be a busy day for the markets with a lot of volatility and plenty of economic news scheduled to be released throughout the day. The UK, Australia, and New Zealand have all already...
A mixed start to trade in Europe after a more promising session in Asia overnight where stocks may have been boosted by talk of more pro-growth policies in China. That followed disappointing data late...
The UK employment statistics package failed to inspire the currency market to buy the pound. The released data showed a slowdown in the labour market, which is still far from recovering to...
The British pound is in negative territory for a third straight day. In the North American session, GBP/USD is trading at 1.2083, down 0.44% on the day. UK Wages Expected To Decelerate There were no...
The week starts with focus on China's 10bp cut in its one-year Medium-Term Lending Facility (MLF). Rather than rallying on the prospect of stimulus, commodity currencies have softened on the view that...
The currency market story this week contains many parts however initial focus is on deeply oversold wide range currency pairs: GBP/AUD, EUR/AUD, GBP/NZD, EUR/NZD, EUR/CAD, GBP/CAD. The primary...
Let’s start with a quote today by finance executive Steven P. Greiner: “Uncertainty is about our inability to calculate the risk accurately." It embodies everything about the stock market...
The Canadian dollar continues to have a quiet week. In the North American session, USD/CAD was trading around 1.2530.Canada’s Manufacturing sales climbed for a second consecutive month in...
The relentless, multi-year rally in the shares of Microsoft (NASDAQ:MSFT) continues to defy even the most bullish forecasters.In 2021 alone, the software giant gained almost 55%, almost double the...
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