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After Dramatic Week, Capital Markets are Stabilizing

Overview: After tumbling headlong this week, the dollar appears to be broadly consolidating ahead of the weekend Among the G10 currencies, the Canadia

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Sunset Market Commentary - Action Forex

Sterling outperformed slightly in FX space with EUR/GBP extending yesterday’s rather strange slide. The pair currently changes hands around 0.8815 from an open at 0.8830. Gains for cable are bigger (1.2435 from 1.2375) with dollar fatigue adding to the picture. EUR/USD rose from around 1.0920 to an intraday high at 1.0980.

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The prediction of recession is gaining momentum

Outlook: Today brings the Dallas Fed survey and a slew of speeches by Fed officials, but the big story will be the November nonfarm payrolls on Friday

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US Dollar Index meets support near 108 00 post-data

The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main competitors, drops further to 2-day lows near 108.00 at the end of the

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Dollar Surges Into The Weekend

The dollar is surging into the weekend, amid tumbling stocks and rising rates. Click here to know more.

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