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Oil Prices Rebound Boosts Canadian Dollar; Risk Sentiment Improve

Dollar, Japanese Yen, and Swiss Franc are under selling pressure this week amid improving risk sentiment. Yen is particularly weighed down by the extended rebound in treasury yields, while Swiss Franc is pressured by sell-offs against Euro and Sterling. Currently, the Canadian Dollar leads the pack for the week, aided by recovering oil prices. Australian Dollar, however, lags behind as CPI data supports the possibility of an RBA pause next week. ....

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Euro Gains as ECB Official Signals More Rate Hikes Ahead, Yen Broadly Pressured

Euro is trading mildly higher today following indications from a key ECB official that more interest rate hikes are in the pipeline for the central bank. Concurrently, the improving market sentiment across Europe is lending support to both Sterling and the Swiss Franc. However, Canadian Dollar emerges as the strongest for the day, fueled by robust oil prices. ....

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MIL-OSI USA: Brainard, What Can We Learn from the Pandemic and the War about Supply Shocks, Inflation, and Monetary Policy?

MIL-OSI USA: Brainard, What Can We Learn from the Pandemic and the War about Supply Shocks, Inflation, and Monetary Policy?
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