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The US Dollar sprinted higher in early trading on Friday for a sixth consecutive trading session. The Greenback is favored after the European Central Bank rate cut on Thursday, China’s promise of monetary easing and hot US producer inflation data. The US Dollar Index (DXY) trades above 107.00 for th

The US Dollar (USD) remains well supported this December as trading partners move to cut interest rates quite quickly. For today, all eyes will be on Europe, but in the US we'll focus on the November PPI reading, ING’s FX analyst Chris Turner notes. DXY risks to move towards 107 “Canada has now deli

The Canadian dollar is drifting on Wednesday, ahead of the Bank of Canada rate decision later today. In the European session, USD/CAD is trading at 1.4181, up 0.10% at the time of writing. BoC expected to slash rates by 50 basis points The Bank of Canada is widely expected to end the year on a bang

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According to the official data published by the Federal Statistics Office on Thursday, Germany's Factory Orders declined in October, suggesting that the German manufacturing sector resumed its downward trajectory. Over the month, contracts for goods ‘Made in Germany’ fell by 1.5% in October after th