GBP/USD might have been expected to rise after upward revisions to UK GDP figures. The fact that it didn’t suggests possible near-term losses.
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GBP/USD might have been expected to rise after upward revisions to UK GDP figures. The fact that it didn’t suggests possible near-term losses.
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The Canadian Dollar may extend gains against the Euro and Japanese Yen on the back of resilient oil prices, a hawkish shift in approach to monetary policy by the BoC and divergent vaccination rates.
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The OPEC+ coalition will meet on April 1st to determine May production policy. Crude oil prices are weighed by a stronger US Dollar and a larger-than-expected build in inventories.
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Bitcoin is in focus after Benjamin Reynolds, the ringleader of a recent Bitcoin Ponzi scheme, was hit with a $572 Million fine.
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USD/CNH may fall after Chinese PMI figures show economic activity remains strong in China, but safe-have USD bids may outweigh the upbeat data.
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