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10 minutes ago
UoM Consumer Sentiment Index set to ease as inflation, labour market worries loom
The University of Michigan (UoM) will release the preliminary estimate of August’s Consumer Sentiment Index on Friday.
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10 minutes ago
Euro holds gains above 1.1550 following Eurozone GDP and bright Trade Balance data
The Euro (EUR) holds moderate gains against the US Dollar (USD) on Friday, as Eurozone Gross Domestic Product (GDP) came in line with market forecasts while June's Trade Balance beat forecasts.
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25 minutes ago
US Dollar: Looking for a shift in Fedspeak – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that post-CPI summer conditions are suppressing FX volatility and keeping the Dollar broadly stable. They still see scope for a weaker Dollar as market expectations for further Federal Reserve tightening look overstated.
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32 minutes ago
Japanese Yen: Bearish bias within 158.00–160.20 band against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann judge USD/JPY price action as inconclusive intraday, with trading expected between 159.00 and 159.70 after a tight 159.01–159.56 range.