Topic: Currency News
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Recession fears outweigh inflationary risks, for now
Dollar erases gains as new data comes into focus; we look at how sterling usually appreciates in April, and the silent rise of European equities.
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Aussie leaps to five-week highs ahead of RBA
All eyes on the Reserve Bank of Australia today, with analysts split over potential rate increase.
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Surging oil prices spoils risk appetite
Risk aversion hurts the pound as oil prices jump, while sticky inflation continues to keep pressure on the ECB. Bank’s stress borrowing eases significantly.
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Aussie, kiwi struggle at highs as RBA, RBNZ loom
US shares have surged after a weaker than expected PCE inflation reading, while the Aussie and NZ dollars ease from recent highs.
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Dollar pares gain after inflation cools
Euro hits speed bump in slower inflation; Sterling posts largest monthly gain since November whilst Canada’s economy shows surprise resilience. Meanwhile, the US dollar wavers after data casts doubt on rate hikes.
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Dollar braces for quarterly decline as rate cuts eyed
GBP/USD primed for best month since November and sticky European inflation lifts the euro.
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