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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    26 July 2024
    Canadian dollar dips in anticipation of key economic data releases 

    CAD weakens against USD as the markets await the May manufacturing and wholesale sales data of Canada. Read more for forecasts and the market implications.

    26 July 2024
    Yen poised for best weekly gain in three months as carry trades unravel

    The yen (USDJPY) dominated currency markets this month, climbing to a near three-month high of 151.945 per dollar on Thursday. This is a major shift from its 38-year low of 161.96 per dollar at the start of the month. By …

    26 July 2024
    US GDP growth boosts crude oil demand despite Asian challenges

    Brent crude futures for September increased by 7 cents, reaching $82.44 per barrel as of 0014 GMT. Similarly, US West Texas Intermediate (WTI) crude for September rose by 4 cents, hitting $78.32 per barrel.

    25 July 2024
    US dollar gains momentum as euro dips below its weekly peak 

    Key points:  The euro slipped further below its weekly peak, driven by technical trading.  The US dollar continues to gain strength, supported by strong economic data.  Upcoming US GDP and PCE data are expected to influence market movements.  The EURUSD …

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