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FX Market Commentary: Bob Iaccino, 7/10/23
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US consumer borrowing slowed to a more than two-year low in May, reflecting the first decline in non-revolving credit since the onset of the pandemic. Total credit rose $7.2 ...
It was a surprise when the Bank of Canada hiked rates last month. The BoC had previously paused rate hikes back in March, which had led to a bullish breakout in USD/CAD as the ...
Turkey agreed to stop blocking Sweden’s NATO bid and will work to ensure the Nordic country’s accession in the near future, bolstering the defense alliance’s effort to put forth a ...
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Britain's government and the Bank of England "will do what is necessary, for as long as necessary" to return inflation to its 2% target, finance minister Jeremy Hunt said on ...
If Powell was on the fence about whether to hike rates in two weeks after the June "hawkish skip" or whatever the said pause is now called, the latest monthly data just released ...
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- Posted: Jul 10, 2023 6:41pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,387
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