Sterling opens the week flat to marginally better bid with traders focusing on the FOMC policy meeting on Wednesday and the BoE meeting on Thursday
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Sterling opens the week flat to marginally better bid with traders focusing on the FOMC policy meeting on Wednesday and the BoE meeting on Thursday
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A flurry of better-than-expected economic data may intensify Bank of Canada tapering bets and open the door for the Canadian Dollar to continue outperforming the US Dollar, Euro, and Japanese Yen.
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Gold prices held Friday’s gains while crude oil prices climbed after US Treasury Secretary Janet Yellen said that US inflation risks remain small and manageable.
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The US Dollar could rise versus the Singapore Dollar and Thai Baht if the Fed remains sanguine about rising Treasury yields. Bank of Indonesia may step in to keep USD/IDR in check.
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The Chinese Yuan strengthened against the US Dollar on the back of strong retail sales and industrial production data. Attention now turns to the upcoming meeting between US and Chinese delegates o…
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