The Canadian dollar (CAD) found some buying on Thursday as rising investor risk appetite supported the market away from safe-haven currencies such as the U.S. dollar (USD). The U.S. dollar…
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The Bank of England (BOE) is expected to keep policy rates unchanged at its sixth consecutive meeting on Thursday as deflationary pressures persist in the UK and investors reprice an…
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During early trading in the European market on Thursday, EUR/GBP expanded its upward trend near 0.8605. The cross traded higher for a third day in a row ahead of the…
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AUD/USD remained subdued on Thursday as the Reserve Bank of Australia’s hawkish stance weakened, especially after last week’s stronger-than-expected inflation data. However, the Reserve Bank of Australia acknowledged that recent…
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In Asia on Thursday, GBP/USD ended lower for the third consecutive trading day, trading around 1.2490. The Bank of England (BOE) will announce its interest rate decision on Thursday, and…
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NZD/USD extended gains for the second consecutive day, trading around 0.6010 during the Asian session on Thursday. The New Zealand dollar rose after Chinese data on Thursday, amid strong trade…
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In the Asian market on Thursday, the EUR/USD was trading near 1.0750, and may expand its losses for the third consecutive trading day. The dollar gained on expectations that the…
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In Asia on Thursday, USD/CAD recovered from the previous day’s losses and moved higher to around 1.3730. Investors’ expectations that the Federal Reserve will keep interest rates higher for longer…
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Asian stock markets opened quietly on Thursday. Affected by multiple factors such as changes in U.S. corporate earnings reports, the strengthening of the U.S. dollar, and the gradual increase in…
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In early Asian trading on Thursday, USD/JPY strengthened for the fourth consecutive day to around 155.60. However, concerns about further intervention by the Bank of Japan (BoJ) may limit the…