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The dollar remained on track Friday for its biggest weekly gain in a month, as caution grew over a global surge in coronavirus cases and fading prospects for a U.S. stimulus package before the Nov. 3 election. Fresh restrictions to combat COVID-19 have been introduced across Europe, and the U.S. Midwest is battling spikes inRead More
The week in view is likely to be relatively quiet, as event risk shows the absence of actions or inputs from apex banks, apart from a speech from the #Swiss National Bank Chair, the overall outlook for the week is light on high-impact data releases. On Thursday is crucial for traders due to the mostRead More
The #Aussie dollar displayed some inadequate reaction, sliding continually so faintly versus the greenback after the release of the Chinese consumer and wholesale inflation data for the month of January. The #Chinese Consumer Price Index was seen slightly higher at 1.8% yoy against an estimated +1.9% yoy. This makes it four months in a rowRead More
The week in view is likely to be calmer compared to the chaos and unpredictability that has characterized the market in recent weeks, as economic data remain extraordinarily thin. We’ll be expecting a few important even risk from the United States, but in the absence of any actions from the Federal Reserve Bank. In additionRead More