The Bank of Canada may have to rethink their path regarding rate hikes following a hotter than expected inflation print. USD/CAD Upside Rally Stalls at the 1.3500 handle.
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The Bank of Canada may have to rethink their path regarding rate hikes following a hotter than expected inflation print. USD/CAD Upside Rally Stalls at the 1.3500 handle.
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ZAR prices continue to fall as external global factors weigh on EM currencies.
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China cut its one-year lending rate by 15bps to 2.50% today, sparking fears that the Chinese economy is struggling
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With US 10-year treasury yields rising steadily and the dollar benefitting as a result, gold appears out of favour. Strong US data prolongs the need to keep rates elevated
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apanese Finance Minister Suzuki sounded more like a record on repeat with comments around FX intervention this morning. The comments came on the back of a 3rd straight quarter of expansion.
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