Bridget布里奇特
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AUD/USD remains subdued near 0.6350 as focus shifts to Fed policy outlook
AUD/USD struggles around 0.6350 as the US Dollar gains further. Fed’s policy-easing cycle is expected to stall in January. The Australian Dollar is also performing strongly as traders pare RBA dovish bets. The AUD/USD pair exhibits a subdued performance in Friday’s European session. The Aussie pair
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AUD/USD: AUD can break and remain below 0.6350 – UOB Group
The Australian Dollar (AUD) could weaken further; given the deeply oversold conditions, it remains to be seen if it can break below 0.6350. In the longer run, AUD has to break and remain below 0.6350 before further decline can be expected, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.
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Oil markets: More sanctions on Russian Oil on the way
Oil markets have been under significant pressure lately due to anticipated supply gluts and China's accelerating transition to electric vehicles (EVs). It's somewhat puzzling why oil prices haven't dipped lower, especially considering that rate cuts in China seem inconsequential in pulling the count
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Asia wrap: Asia equites stumbled out of the gates
Asian equities stumbled out of the gats as China's November inflation readings failed to perk up despite a cascade of stimulus efforts, signalling a persistent chill in consumer demand. Japanese markets managed a modest climb as economic growth figures got a positive nudge upwards, offering glint of
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EUR/USD weakens to near 1.0550 on ECB rate cut bets
EUR/USD loses traction to around 1.0550 in Monday’s Asian session. Markets see a potential December rate cut by the Fed. The ECB is anticipated to cut another 25 bps at its December meeting on Thursday. The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading
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Rebound in US job creation 'on the cards' for NFP report, miss could force Fed December cut
The dollar was broadly weaker on Thursday as markets braced for this afternoon’s all-important US payrolls report. Economic news in the lead up to today’s report has been largely disappointing, which can perhaps partly explain the pullback in the dollar. The November services PMI from ISM (52.1 vs.
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NZD/USD rebounds slightly from one-week low, still deep in the red around mid-0.5800s
NZD/USD drops to a one-week low following the release of softer Services PMI from China. US-China trade war fears and a modest USD uptick further contribute to the intraday fall. Traders look forward to Fed Chair Jerome Powell’s speech for some meaningful impetus. The NZD/USD pair attracts fresh sel
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OPEC+ production increase likely to be postponed for another three months – Commerzbank
OPEC+ is expected to decide on Thursday to postpone the production increase for a further three months until the end of the first quarter, Commerzbank’s commodity analyst Carsten Fritsch notes. OPEC+ to postpone the production increase for a next three months “This was reported by Reuters, citing fo
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Pull-up Update