Month: June 2021

Dollar is maintaining much of this week’s gains as focus now turns to FOMC statement and economic projections. There is prospect of further rally for the greenback should some policymakers pull ahead their rate hike expectations. But the overall reactions would more depend on interaction with other markets like stocks and yield. As for the
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EUR/USD trades within a tight range near 1.2130. German yields climb to the -0.23% area on Wednesday. All the attention stays on the FOMC meeting later in the session. The shared currency alternates gains with losses and motivates EUR/USD to gyrate around the 1.2130 region on Wednesday. EUR/USD looks to the Fed EUR/USD now looks
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Dollar jumps in early US session after strong, record making, PPI inflation data. The worse than expected retail sales and manufacturing data were shrugged off. Yen and Euro are following as next strongest for now. Sterling continues to be weighed down by delay in reopening and it’s trading and worst ones a long with commodity
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In this article ORCL Safra Catz, co-chief executive officer of Oracle Corp. David Paul Morris | Bloomberg | Getty Images Oracle shares fell 3% in extended trading on Tuesday, even though the enterprise software maker issued earnings that came in better than analysts had expected and showed accelerated revenue growth as the pandemic receded. Here’s
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Latest data released by ONS – 15 June 2021 Prior -15.1k Claimant count rate 6.2% Prior 7.2% April ILO unemployment rate 4.7% vs 4.7% expected Prior 4.8% April employment change 113k vs 135k 3m/3m expected Prior 84k April average weekly earnings +5.6% vs +4.9% 3m/y expected Prior +4.0% April average weekly earnings (ex bonus) +5.6%
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