Malachi
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Personal opinion for today's European trading session
#XAU/USD# Canadian Prime Minister Justin Trudeau said on Sunday that Canada is ready to respond with retaliatory tariffs against the United States if President-elect Donald Trump carries out his threat to launch a trade war in North America. This has led to concerns about Trump's trade
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USD/CNH rises to near 7.3500 due to a hawkish shift in Fed’s policy outlook
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
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AUD/USD advances to 0.6300 neighborhood, closer to two-week top set on Monday
AUD/USD attracts buyers for the fourth successive day amid a modest USD downtick. The prospects for slower Fed rate cuts and elevated US bond yields favor the USD bulls. US-China trade war fears and the RBA’s dovish shift might cap the upside for the Aussie. The AUD/USD pair regains positive tractio
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Warmer data in a cold environment but unlikely to change ECB thinking
EU mid-market update: Warmer data in a cold environment but unlikely to change ECB thinking; Week ahead highlighted by US jobs report, NVIDIA CES keynote. Notes/observations - Services PMI across Europe surprise to the upside, pushing back against trader expectations for amount of ECB rate cuts in 2
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Pull-up Update