Birrell
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Canadian Dollar fluctuates without clear direction in a quiet session
Canadian Dollar is trading back and forth in pre-holiday trading session. A somewhat stronger US Dollar and BoC Rogers’ warnings about the country’s low productivity have weighed on the Loonie. The broader USD/CAD trend remains positive with 1.3615 capping bulls for now. The Canadian Dollar (CAD) is
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It will be a sideways bumpy road for the USD in the coming months – Nordea
Economists at Nordea analyze how the focus on cuts from central banks could impact the FX market. When the Fed starts to embark on lower rates, the risk sensitive FX should start to do better against the USD For FX, the relative rate changes on the way down will start to come into play. When the Fed
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XAUUSD: Today’s Analysis and Strategy
#XAU/USD# Gold technical analysis The resistance above the daily level is 2250 and the support below is 2145. The resistance above the four-hour level is 2208 and the support below is 2177-50. Gold operation suggestions: The gold European market surged higher and reached the 2200 mark
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German GfK Consumer Confidence To Improve In April
German consumer confidence is set to improve in April, survey conducted by the market research group GfK and the Nuremberg Institute for Market Decisions (NIM) showed on Tuesday. The forward-looking consumer confidence index rose to -27.4 in April from revised -28.8 in March. Economic and income exp
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Asia open: Central banks seem itching to cut
The active central bank agenda this week provided significant support for stock market bulls, particularly with the Federal Reserve opting for a dovish stance and the surprise rate cut by the Swiss National Bank, hinting at potential easing measures by other central banks later this year. Still, equ
Pull-up Update