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Banks

British Pound: Downside risk toward 1.3480 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD broke below its anticipated intraday range, dropping to 1.3507 as downside momentum…
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Crypto

Shiba Inu Price Forecast: Faces downside risks as whale selling rises
Shiba Inu steadies at $0.00000516 on Wednesday, after recovering nearly 4% in the previous two days. Santiment data shows that…
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Crypto

Bitcoin, Ethereum, Ripple – BTC, ETH, XRP under pressure as momentum indicators flag early bearish signals
Bitcoin remains under pressure on Wednesday, with early bearish signals in momentum indicators. Ethereum extends its pullback, trading below $2,410…
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Banks

Euro: Pressured as ECB hike looms – Danske Bank
Danske Research Team notes that EUR/USD slipped below 1.1600 as the US Dollar strengthened on a hawkish Federal Reserve stance…
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Energies

WTI declines to near $89.00 despite US-Iran tensions
WTI price drifts lower to near $89.10 in Wednesday’s early European session. US crude inventories fell by 2.6 million barrels…
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Forex

Canadian Dollar hits fresh two-week lows amid higher yields, Fed hiking bets
USD/CAD extends gains to the 1.3920 area from 1.3845 lows on Tuesday. Risk aversion amid higher global yields and rising…
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Economics

BoJ’s Takata says central bank need to consider a broad range of options on monetary policy response
Bank of Japan (BoJ) board member Hajime Takata said on Wednesday that the central bank needs a different response from…
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Forex

Indian Rupee holds onto two-month high against US Dollar
The Indian Rupee opens flat against the US Dollar on Wednesday after a strong Tuesday. Hawkish Fed bets could act…
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Economics

Breman Speech: RBNZ Governor sheds light on policy outlook after interest rate hike
Reserve Bank of New Zealand’s (RBNZ) Governor Anna Breman presents the prepared remarks on the Monetary Policy Review (MPR) and…
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Forex

United States Dollar Index hold gains above 99.50 as Treasury yields hit multi-year highs
US Dollar Index rises on Fed rate hike fears as global bond selloff pushed US 10-year Treasury yields to 4.80%.…
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