Topic: Daily Market Updates
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Dollar slides as U.S. growth outlook dims
Euro flirts with 2023 highs while sterling notches a mid-2022 top. C$ soars to an 8-week peak, and we find out if weaker data means a weaker dollar.
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Dollar feels the chill of cooler inflation
Euro camped near peaks; sterling jumps after cooler U.S. inflation. BoC looms large for C$, and the dollar tumbles as disinflation gains traction.
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Dollar’s rebound fades as Europe returns from holiday
Euro bounces back; sterling resumes ascent, and C$ steadies ahead of BOC rate decision.
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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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Buck slips after underwhelming data
The euro continues to hold the upper hand, while sterling reaches an 8-week peak and the Canadian dollar ascends to 1-month highs; however, the dollar falls in response to underwhelming data.
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Steady dollar reflects high uncertainty, low conviction
The euro steadied at the top of its range against the dollar, while sterling flirts with 8-week peaks and the Canadian dollar rolls to 3-week highs.