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Economy7 minutes ago (Aug 26, 2018 09:51PM ET) By Shinichi Saoshiro TOKYO (Reuters) – The dollar’s safe-haven appeal faded on Monday after risk sentiment in the broader markets picked up following a well-received speech from Federal Reserve Chairman Jerome Powell. The Fed chairman defended on Friday the U.S. central bank’s push to raise interest rates […]
NEWS | 9 minutes ago Chief Analyst at Danske Bank Christin Tuxen sees the Swiss Franc losing ground and testing the 1.20 area within a year’s view. Key Quotes “While EUR/CHF was flirting with a firm break of the SNB’s old 1.20 floor in mid-April, an ECB on hold and recurring political risks in Europe have sent it […]
NEWS | 2 minutes ago The Barclays Research Team revised its rate hike outlook for the Reserve Bank of Australia (RBA), in the wake of lower price pressures and decline in jobs. Key Quotes: “Against the disinflationary backdrop, we think the RBA is likely to look through the gradual decline in unemployment. We are pushing back our […]