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Forex
USD/CHF extends downside to near 0.8250, US PMI data in focus
USD/CHF remains under selling pressure near 0.8250 in Thursday’s early European session. US fiscal concerns hurt US Dollar, supporting the…
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Economics
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Today’s session will be dominated by preliminary PMI readings for May. These indicators will be closely watched by investors for new…
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Forex
USD/CAD trades with negative bias around mid-1.3800s, just above two-week low
USD/CAD attracts sellers for the fourth straight day and seems vulnerable to slide further. An uptick in Crude Oil prices…
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Forex
EUR/GBP remains below 0.8450, moves little ahead of PMI data from both economies
EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall…
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Forex
EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00
EUR/JPY extends the decline to near 162.35 in Thursday’s early European session, down 0.25% on the day. The positive view…
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Soft Commodities
Cocoa Prices Retreat as ICE Inventories Climb
July ICE NY cocoa (CCN25) Wednesday closed down -155 (-1.43%), and July ICE London cocoa #7 (CAN25) closed down -187…
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Soft Commodities
Dollar Weakness Supports Coffee Prices
July arabica coffee (KCN25) Wednesday closed up +1.00 (+0.27%), and July ICE robusta coffee (RMN25) closed unchanged. Coffee prices recovered…
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Soft Commodities
Cattle Close Mixed, with Fats Higher on Cash Strength
Live cattle futures were higher at the Wednesday close, with contracts up 70 cents to $1. Cash trade started on…
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Energies
WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran
WTI price edges lower to around $61.10 in Thursday’s Asian session. US-Iran will hold nuclear talks, weighing on the WTI…
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Economics
BoJ’s Noguchi: Japan’s economy is growing steadily
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated…
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