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USD/CAD falls sharply to 1.3630 as strong Canadian Employment numbers
`USD/CAD drops sharply to 1.3630 after strong Canadian Employment data. Canadian job market expanded by 90.4K fresh payrolls while annual wage growth slowed to 4.8%. Fed Bostic said the central bank is uncertain about when and how much interest rates should be reduced. The USD/CAD pair faces a sharp
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USD/CAD faces pressure near 1.3700 as US Dollar struggles for firm footing
USD/CAD remains offered near 1.3700 as the US Dollar struggles to hold an auction above 105.00. Weak US data and less hawkish commentary from Fed Williams have weighed on the US Dollar. Canadian employers are anticipated to have hired 20K job-seekers in April. The USD/CAD pair consistently faces pre
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UK gilts dip, Aussie Dollar struggles after RBA
EU Mid-Market Update: UK gilts dip, Aussie dollar struggles after RBA, and Middle East ceasefire talks stall; UBS becomes first bank to hint rate cut impact. Notes/observations - UK gilts yields are lower after declining BRC LFL sales in April; BOE decision on Thurs, widely expected to leave Bank Ra
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Tips for Choosing the Right Home Office Desk – Saraf Furniture
Hello dear readers! Do you ever think of the importance of having a great home office while working? Yes, nowadays working or doing school work at home is getting common and need of every member of the family. A study table is for home/offices what Superman is for the world. Today, I am g
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Understanding the weaponization of the dollar
Money Metals' Midweek Memo host Mike Maharrey recently interviewed Saleha Mohsin, a senior correspondent at Bloomberg News and author of the new book "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order." The discussion delved into the motivations behind Mohsin's book and exp
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Singapore Retail Sales Growth Eases To 2.7%
Singapore's retail sales expanded at a slower pace in March, preliminary data from the Department of Statistics showed on Friday. Retail sales rose 2.7 percent year-on-year in March, much slower than the 8.6 percent gain in February. However, this was the third successive monthly rise. Sales excludi
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Crude Oil recedes post-Fed, WTI tumbles below $80
WTI slips back below $80 per barrel. Crude Oil markets unsettled by latest Fed rate call. Supplies continue to overwhelm Crude Oil demand. West Texas Intermediate (WTI) US Crude Oil fell below $80.00 per barrel on Wednesday as US Crude Oil supply continues to overwhelm demand, and the US Federal Res
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