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Scope for short covering in EUR/USD – SocGen – Societe Generale Research discusses EUR/USD outlook, and still sees a scope for limited near-term gains on short-covering. "The euro is cheap for good reason (little growth, negative rates) and the.
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GBP/USD Forecast: After avoiding a hard Brexit, it’s time for some hard data – In the US, core inflation decelerated to 2.0%, removing pressure from the Fed to raise interest rates. The FOMC Meeting Minutes showed. and Housing Starts tend to offset each other. Pound/dollar is.
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Dollar little changed in thin post-holiday trade – The dollar index against a basket of six key rivals was a shade. having gained more than a third of a percent during the previous session. (Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh)
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PRECIOUS-Gold steadies near 4-mth low as dollar gains in wake of U.S. data – The dollar drifted higher against the euro and British pound on. more confident” in U.S. economic growth this year but still thinks current interest rates are appropriate. * Businesses across the.
UK Pound To Canadian Dollar Rate Forecast – Will Resilient Oil Prices Continue To Support CAD Rates? – GBP/CAD UPDATE APRIL 19: The Pound to Canadian Dollar exchange rate saw out Thursday’s session down despite upbeat UK retail sales figures as the Loonie remained supported by resilient oil.