Topic: Daily Market Updates
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Sterling slips despite another UK rate hike
EUR/USD slides to 3-week low. Sterling falls after widely expected UK rate hike, and dollar weathers weaker data.
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Dollar, U.S. inflation tick downward
Growth concerns check euro’s rise while sterling holds near highs. Dollar cools along with U.S. inflation.
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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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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.
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Euro falls after ECB slows rate hikes
Euro slips after ECB opts for smaller 25 bp rate hike to 3.75%. Sterling rolls to 11-month highs and the Loonie steadies ahead of jobs report.