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GBP/USD Recovery Hopes Appear Dim After Breaking June Low

The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid measures.

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Australian Dollar Eyes BRICS Summit After Mixed PMI Data

The Australian Dollar fell alongside US equities overnight after Fed Chair Jerome Powell's commentary before Congress spooked the market. The 2022 BRICS Summit is in focus for APAC traders.

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Header image profit-taking pause for breath

A wave of profit-taking swept markets overnights as US bond yields gave back some recent gains. That prompted traders to trim long US Dollar positions

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McConnell-Putin double act: The squid game

You know we are living in strange times when US Republic Senate Leader McConnell, and Russia’s President Putin, dangle potential rewards from their te

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Soft Payrolls Expected: Risk FX powers up, dollar eases

Soft Payrolls Expected: Risk FX powers up, dollar eases
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