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Jobless claims and Philly Fed fall
Market Update, May 20US weekly initial jobless claims fall more than expected. According to US labor data, the number of the workforce filing initial claims for jobless benefits fell to 444,000, from a total of 478,000 of week ago. This new record lo...
ِUSD eases after sharp rise!
FED meeting minutes and USD preview!Reading the latest meeting minutes of the Federal Reserve confirms that several policymakers would agree to reduce the pace of asset purchasing "at some point" if the economic recovery goes well. Publishing the mee...
Inflation Fears all around the globe!
Does oil decline calm the market?While today U.S. treasury selling 20-Year Bonds, earlier the U.S. tressured 10-year Yield raised to 1.66%. Same as the U.S., European yields also continue to rise as supply continued to come to market. German Germany...
USDCAD, Time to Return?
Investors are turning on the alarms!Loonie reached the point where the Canadian Exporters feel threatened. Last week, while Mr. Macklem, the BoC governor, confirmed that a rise in commodity price, especially Oil price is favorable for CAD. Howev...
Forex Market Review - 18 May
USD kept falling, Pound raising! After President Biden commented about global vaccination and confirmed that the U.S. would supply more vaccines to other countries (including Pfizer and Moderna) all around the globe, USD got under pressure because th...
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