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NOK Eyes Crude Oil Costs, Norges Bank and FOMC Rate Decisions

NORDIC FX, NOK, SEK WEEKLY OUTLOOK Crude oil prices eyeing FOMC rate decision NOK focusing on Norges Bank, global growth SEK eyes key econ data as financial risks grow See our free guide to learn how to use economic news in your trading strategy! NORWEGIAN KRONE EXPECTED TO BE MOST VOLATILE G10 CURRENCY FOMC RATE […]
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USO & BIL ETF Demand Driven by Oil Restoration, Rate Cut Odds

USO & BIL ETF Flows: The USO ETF saw increased demand as investors attempted to call the bottom in crude oil’s price Similarly, the T-Bill-tracking BIL ETF enjoys inflows amid a continued inversion of the yield curve Interested in stock trading? Read about the relationship between volatility and future returns USO & BIL ETF Demand […]
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Dollar Drops Versus SGD, IDR on Fed Rate Cut Bets. China Trade Eyed

ASEAN Fundamental Outlook ASEAN currencies surged higher as Fed rate cut bets sunk the US Dollar Disappointing US CPI, retail sales data may compound USD losses ahead Markets will be gauging trade war impact on Chinese external sector data Trade all the major global economic data live and interactive at the DailyFX Webinars. We’d love […]
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USDCAD Rate Eyes April-Low Ahead of NFP, Canada Employment Report

Canadian Dollar Talking Points USDCAD remains under pressure ahead of the U.S. Non-Farm Payrolls (NFP) report as Federal Reserve officials change their tune, and the exchange rate may continue to retrace the advance from the April-low (1.3274) as it initiates a series of lower highs and lows. USDCAD RateEyes April-Low Ahead of NFP, Canada Employment […]
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EURUSD Chart Evaluation: All Eyes on 1.13 as ECB Rate Call Looms

EURUSD CHARTANALYSIS: BEARISH EURUSD rejected on a test of counter-trend, Wedge top resistance Door looks open for larger recovery, overall bias remains bearish Performance at 1.13 mark seems pivotal, ECB rate decision on tap See our free trading guide to help build confidence in your EURUSD trading strategy! The Euro recoiled violently lower on a […]
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GBPUSD Rate Susceptible to Dismal UK Retail Sales Report

Trading the News: U.K. Retail Sales The U.K. Retail Sales report may keep GBP/USD under pressure as the headline reading for household spending is expected to contract 0.4% in April. Signs of a less robust economy may produce headwinds for the British Pound as it encourages the Bank of England (BoE) to retain a wait-and-see […]
GBPUSD Rate Breaks Bearish Sequence Despite Cautious BoE Rhetoric

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