Tag Archive: gbp

Saudi Arabia sells off Canadian assets, loonie falls

It’s being reported by FT that the Saudi’s are selling off Canadian assets in response to Ottawa’s criticism of the arrest of a female activist last week. Apparently, the Saudi central bank and state pension funds have been instructed to…
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Politics takes down the pound

Wednesday August 8: Five things the markets are talking about Trade concerns continue to hover over capital markets. Yesterday, the U.S indicated that it will begin imposing another +25% duties on an additional +$16B in Chinese imports beginning in a…
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Cannot keep the ‘big’ dollar down

The European and Asian sessions were happy to book ‘long’ dollar profits, but North America has decided to renew their acquaintance with the dollar bulls. A lack of major economic data releases and a stabilizing Chinese yuan overnight provided a…
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Dollar rally takes a time out

Tuesday August 7: Five things the markets are talking about Most global equities found traction overnight as earnings season continues, helping support investor sentiment against a backdrop of trade worries and geopolitical concerns. The trend for a rising U.S dollar…
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US Dollar Takes NFP Hit But Ends Up Higher on the Week

The US dollar fell on Friday after the U.S. non farm payrolls (NFP) came in below expectations with only a gain of 157,000 but otherwise the unemployment rate dropped to 3.9 percent and wage growth remained unchanged at 0.3 percent….
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OANDA Market Insights podcast (episode 26)

OANDA Senior Market Analyst Craig Erlam and Head of Trading Asia Steve Innes review the week’s business and market news with Jazz FM Business Breakfast presenter Nick Howard. This week’s big stories: rate hike from the Bank of England, Apple…
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