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  • Pound US Dollar Exchange Rate Holds near Seven-Week High

    From futurecurrencyforecast.com

    The Pound US Dollar (GBP/USD) exchange rate is holding above $1.35 near seven-week highs during Wednesday’s session after strengthening through post-Christmas trade. Amid a risk-on market mood, the Pound remains supported by the UK government’s stance of avoiding tighter Covid-19 restrictions. The Pound (GBP) is holding most of its recent gains during today’s session on optimism the UK will avoid significant economic disruption from surging Covid-19 infections. Comments from Prime Minister Boris Johnson have supported Sterling sentiment, after he said England can ‘ride out’ the current coronavirus wave. ... (full story)

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    Oil futures pare gains as U.S. crude stocks decline, but gasoline supplies climb sharply

    From marketwatch.com|Jan 5, 2022

    The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 2.1 million barrels for the week ended Dec. 31. On average, analysts had forecast a ...

    Global manufacturing production growth accelerates at end of 2021 as supply disruptions show signs...

    From ihsmarkit.com|Jan 5, 2022

    An unchanged global manufacturing PMI reading in December masked improvements in various sub-indices: factory production growth accelerated, supply disruptions eased, safety stock ...

    US demand conditions strengthen in December, but labor shortages exacerbate cost pressures

    From markiteconomics.com|Jan 5, 2022|1 comment

    US services providers registered another steep expansion in business activity at the end of 2021, according to the latest PMI data. The upturn eased slightly to the slowest for ...

    •   Newer Stories
    Long CAD/JPY as Interest Rate Differential Begins to Bite: Top Trade Q1 2022

    From dailyfx.com|Jan 5, 2022|1 comment

    The coming year will see a raft of global central banks reversing their loose, pandemic monetary settings of the last two-years decisions and begin to normalize monetary policy by ...

    Turkey Tightens Oversight of Currency Market as Lira Weakens

    From bnnbloomberg.ca|Jan 5, 2022

    Turkish authorities are keeping tabs on investors who are buying large amounts of foreign currency and asked banks to deter their clients from using the spot market for ...

    The forecast for the US dollar in 2022: Currency analyst

    From youtube.com/yahoofinance|Jan 5, 2022

    MUFG Bank Currency Analyst Lee Hardman joins Yahoo Finance Live to discuss 2022 expectations for the U.S. dollar, weighing the dollar against the Turkish lira, Argentine peso, and ...

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  • Posted: Jan 5, 2022 10:45am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 1,026
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