Canadian Dollar Faces Downside Risk Against USD Even as BoC Holds Steady: Societe Generale
The Canadian dollar continues to face headwinds against its US counterpart, even with the Bank of Canada (BoC) maintaining its current interest rate
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Euro’s Path Higher Depends on Domestic Demand Rebound, BNY Says
The euro’s recent recovery may stall unless domestic demand in the Eurozone shows meaningful improvement, according to a new analysis from BNY. The
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AUD/USD Under Renewed Pressure as 0.7000 Support Weakens: UOB
The Australian dollar is facing renewed selling pressure against its US counterpart, with the key psychological support level of 0.7000 coming under increasing
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Market Consensus Builds: RBA’s Next Move Seen as Rate Cut, Not Hike
A growing consensus among economists, money markets, and industry analysts points firmly toward the Reserve Bank of Australia (RBA) delivering an interest-rate cut
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Japanese Yen: CPI data risks overshadow US Dollar dynamics, says MUFG
The Japanese Yen remains under pressure as domestic inflation data takes center stage, according to a recent analysis from MUFG. The currency pair
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Bank of Canada Policy Hold Poses Risks, Rabobank Warns
The Bank of Canada’s decision to hold interest rates steady may carry significant risks for the Canadian economy, according to a recent analysis
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Bank of Canada Expected to Hold Interest Rate Steady as Inflation Persists and Growth Cools
The Bank of Canada is widely expected to keep its benchmark interest rate unchanged at its upcoming decision, as the central bank navigates
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US CPI Expected to Accelerate in May as Higher Oil Costs Reach Consumers
Economists and market analysts are bracing for an acceleration in the US Consumer Price Index (CPI) for May, driven primarily by the delayed
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WTI Oil Holds Near Seven-Week Lows Below $87 as US-Iran Tensions Fail to Ignite Rally
West Texas Intermediate (WTI) crude oil futures remained pinned near seven-week lows on Tuesday, trading below $87 per barrel, as persistent demand concerns
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Bank of Canada Expected to Hold Interest Rate as Inflation Stays High and Economy Weakens
The Bank of Canada is widely expected to hold its key interest rate steady at its upcoming decision, as persistent inflation above the