Topic: Daily Market Updates
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US Dollar eases gains. Banxico to cut rates
What’s behind dollar softness? External forces keep euro in check. Banxico to cut rates. Strong resistance at 200-day SMA.
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Speculation swells over desire for weaker dollar
Dollar’s rebound lacks conviction, retail sales eyed. External forces keep euro in check. UK GDP beat further supports pound sentiment.
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Aussie, kiwi gains short-lived ahead of US retail sales
USD stronger across APAC ahead of US retail sales. Aussie weaker ahead of local jobs. JPY gains on BoJ’s Uchida tariff concern.
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US Dollar slips as stocks climb on soft US inflation
Inflation softens with no tariff bite yet. Strong resistance at 200-day SMA. Euro rebounds as sentiment brightens.
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US dollar loses steam after inflation undershoot
Inflation softens with no tariff bite yet. Euro rebounds as sentiment brightens. Pound holds onto 6% gains versus dollar this year.
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Aussie back near highs as US inflation cools
Aussie jumps after US inflation falls. Chinese yuan stronger as trade tensions cool. Fed Gooslbee still worried about stagflation.