Topic: Daily Market Updates
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Aussie climbs from lows as gold, silver hit highs
Gold, silver surge overnight. Euro lower on ECB cut expectations. USD/JPY shows signs of trend extension above 150.
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Surging global yields support USD
Phase one to phase two. Pound stung by rising global yields. Break of $1.08 coming into play.
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Greenback takes next step higher as bond yields surge
US bond yields surge on strong growth, Trump policies. GBP underpinned by BOE stance despite deficit concerns. USD/CAD at two-month highs on diverging policy paths.
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Dollar revival has room to extend
Too many tailwinds for dollar. The risk for GBP/USD is skewed lower. China to the rescue.
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The calm before the vote
Too many tailwinds for dollar. The risk for GBP/USD is skewed lower. China to the rescue.
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China in focus ahead of PBoC rate decision
Chinese boost for regional FX. Fed speakers in focus this week. Won at lows despite Fed’s dovish turn.