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EUR/USD recovers to near 1.0270 as the US Dollar performs subduedly as investors focus on the US PPI data for December. President-elect Donald Trump’s policies are expected to boost US inflation and growth. ECB’s Rehn sees monetary policy restrictions concluding by mid-summer. EUR/USD extends its re

USD/CAD may gain ground as the US Dollar receives support from a hawkish policy shift by the Federal Reserve. Atlanta Fed President Raphael Bostic emphasized policymakers should proceed cautiously with policy decisions, citing uneven progress in bringing down inflation. Traders assess the impact of

The USD/CNH pair strengthens as the US Dollar gains support from the Federal Reserve's hawkish policy shift. The latest ISM services report indicated higher activity and rising prices, fueling concerns about persistent inflation in the United States. PBoC official Peng Lifeng announced that the cent

The latest monthly Consumer Expectations Survey by the European Central Bank showed on Monday that Eurozone inflation is seen a tad higher for the year ahead in November. Key takeaways Inflation expectations over the next year rose in November to 2.6% from 2.5% in October. Inflation expectations thr

Asia market update: Muted market response to China's affirmation of stimulus pledges (NDRC, PBOC); KR political drama continues, also shrugged off by markets; Focus on US Dec ISM Manufacturing PMI. General trend - Hang Seng rebounded somewhat +0.8% amid various China officials saying more support wo