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USD / CAD - Canadian Dollar Struggles With Sliding Oil Prices

USD / CAD - Canadian Dollar Struggles With Sliding Oil Prices
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United statesNew yorkSan franciscoNorth seaOceans generalLoretta mesterInternational energy agencyCleveland fed president loretta mesterSan francisco fed president lis cookTexas intermediateUnited kingdom october retail salesBuilding permitsCanadian raw materials priceIndustrial product price

DXY Rebounds Off Lows, Ends Flat; AUD, NZD Tumble; Risk-Off

Mixed Data, Lower Yields, Fed Uncertainty Weigh on Sentiment

United statesNew yorkUnited kingdomNew zealandLoretta mesterSecurite michael moranLower yieldsFed uncertainty weighDollar indexCleveland fed president loretta mesterJobless claimsOctober unemployment rateChinese october retail salesFixed asset investmentIndustrial productionAussie battler

DXY rebounds off lows, ends flat; AUD, NZD tumble; Risk-off

The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies ended flat at 104.35, after dropping to 104.00, it’s lowest level since September 2023.

New zealandNew yorkUnited statesUnited kingdomLoretta mesterDollar indexCleveland fed president loretta mesterJobless claimsOctober unemployment rateChinese october retail salesFixed asset investmentIndustrial productionAussie battlerBritish poundUnited kingdom retail salesForeign direct investment

DXY Dips, EUR, NZD Bounce Highest; AUD, GBP Edge Up

Summary: The Euro rebounded 0.47% against the Dollar to 1.1370 (1.1320) as overcrowded speculative shorts moved to cover their bets.

New yorkUnited statesNew zealandUnited kingdomSan franciscoRepublic of turkeyMichael moranChristine lagardeJapan october national coreCentral bankSwiss national bankSenior currency strategistDollar indexBritish poundJapanese yenAustralian dollar

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