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Aussie lost the ground, despite the lower USD.
Tensions with China continue. AUD decreasing against USD from its one week low, touched earlier today, while it was higher in early trading hourse, thanks to a broadly weaker US dollar.The main reason for lower Aussie is the Australian tensions...
Jobless Claims, NFP
What means positive data for USDBased on published data earlier today, the US jobless data during last week fell to a new post-pandemic low of 498,000 from 590,000 of the previous week`s claims, signaling better US economic recovery. But the negative...
BoE and Sterling
Will they reduce Gilts` purchasing plan?Today eye will be on the BoE meeting, where the Monetary Policy Committee (MPC) - Which is made up of nine members, including the Governor, the three Deputy Governors for Monetary Policy, Financial Stability an...
Gold after US data!
Market sentiment is positive.Published data so far is positive. Despite missing the expectation of 800K, ADP numbers were much better than 565K of last month by showing 742K new positions. On the other hand, Markit composite and Servic...
FX Market in a busy Calendar
Eyes turn on Service sector With betting on more reopening, the market collapsed in many areas and rose in many others. ADP`s jobs figures and the ISM Services PMI will be in the spotlight today. Commodities are on the rise while cryptocurrencies are...
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