Crude oil prices consolidated into Friday as the US Dollar pauses post a data induced rally that the market interpreting as further evidence of the Fed being less hawkish.
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Crude oil prices consolidated into Friday as the US Dollar pauses post a data induced rally that the market interpreting as further evidence of the Fed being less hawkish.
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The anti-risk US Dollar and Japanese Yen gained on Thursday as US jobless claims crept higher, spooking financial markets. Ahead, the sentiment-linked Australian Dollar is vulnerable.
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AUD/USD and NZD/USD fall sharply on Thursday amid negative market sentiment, with both pairs taking a sharp turn to the downside after failing to clear key technical resistance levels.
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The EUR/USD and S&P 500 retreat on Thursday, undermined by negative market sentiment, with traders reducing risk exposure on fears of a larger pullback on the horizon.
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USD/ZAR is nearing a fresh all-time-high after being hit by several drawbacks from multiple fronts. Is the rand the next to fall after the Turkish lira?
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