Topic: Daily Market Updates
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Dollar steadies ahead of Fed-influencing data
Euro hovers below peaks while sterling steadies under 1-year high. C$ pares gain as global growth worries resurface.
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Banking stability at the forefront of investors’ minds
US credit conditions cushion dollar while sterling lingers near 1-year high, and German macro data disappoints.
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Aussie, kiwi at three-month highs ahead of China trade numbers
Aussie budget boosted by commodities, but effect likely short lived.
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Sterling near 1-year highs as BOE looms
Euro shrugs off downbeat data while a stronger UK pound faces late week event risks. USD/CAD slides to 3-week lows.
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Strong hiring lifts dollar, dampens rate cut risk
Euro fails to capitalize on higher rates; sterling flirts with 1-year highs. C$ notches 2-week peak and the dollar jumps after jobs report allays recession fears.