GBP/USD KEY POINTS:New UK administration has brought more stability to the local bond and currency market, but economic slowdown and rising inflation pose greater risks.FOMC and BoE are expected to hike 75-basis points...
We had data from New Zealand earlier showing:And we have also had official CPI data from Australia, showing much higher than expected headline and core inflation:The Australian inflation rate has hit its highest...
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Goldman Sachs...
There isn't much of a theme so far in the first 5.5 hours of the trading day. The US dollar is modestly higher across the board, particularly against GBP and NZD. But stronger...
Credit Suisse maintains a bullish bias on USD/CAD targeting a move towards 1.41 by year-end."Front -end USDCAD risk reversal skews have eased over the past 2 weeks, following a period of considerable larger...
CANADIAN DOLLAR OUTLOOK:Canadian dollar gains on stronger oil prices and a somewhat positive mood on Wall Street, but its outlook remains challengingBets that the Bank of Canada will raise interest rates more aggressively...
