In focus today In the US, the University of Michigan’s preliminary consumer sentiment survey for September is due. With underlying inflation moderating and short-term market-based inflation expectations declining with global oil prices it will be interesting to see if the reading reflects these trends. In August, 1y and 5y inflation expectations stood at 2.8% and […]
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EURUSD plunged to a six-month low of 1.0543 on Friday amid strong support for the US dollar following the US presidential election and recent comments from Federal Reserve officials. Federal Reserve Chair Jerome Powell’s recent Read more…
USDCAD snaps long-term range above 1.4000 Bulls may take a breather; overall outlook remains bullish USDCAD enjoyed a lovely session on Thursday, and it even found fresh buying interest to tick to a new four-year high of Read more…
Market Picture The cryptocurrency market continues to cool for the third day in a row, falling 1.7% in the last 24 hours to $2.92 trillion. This is a retest of the lower end of a Read more…