The GBP/USD price is showing signs of suspicion as markets keenly anticipate UK employment and US CPI tomorrow.
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The GBP/USD price is showing signs of suspicion as markets keenly anticipate UK employment and US CPI tomorrow.
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The crude oil price slipped to open the week as the US Dollar eked out modest gains across the board on firming Treasury yields with market focus turning toward US CPI on Tuesday.
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The Australian Dollar appears vulnerable on Monday ahead of the RBA Governor’s questioning by Federal politicians as the consequences of loose policy cause friction. Lower AUD/USD?
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The Dow Jones, Nasdaq 100 and US Dollar face a hotly anticipated US inflation report. Will volatility continue rising? Elsewhere, the Australian Dollar eyes local employment figures.
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The U.S. dollar could extend its recovery in the coming week if January U.S. inflation data surprises to the upside and prompt traders to reprice higher the path of Fed rate hikes.
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