US and UK tighten sanctions on Russian oil industry

The United States (USD) and the United Kingdom (UK) administration imposed tougher sanctions against Russia’s oil industry, targeting nearly 200 ...
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NZD/USD softens below 0.5650 on stronger US economic data

NZD/USD softens to around 0.5635 in Wednesday’s early Asian session. The stronger US data suggested the Fed is likely to ...
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Australian Dollar remains subdued following RBA rate decision

The Australian Dollar holds losses as RBA Governor Bullock discussed the risks of rising inflation have eased. The RBA decided ...
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Australia’s Judo Bank Services PMI rises to 50.5 in November vs. 49.6 expected

The final reading of Australia’s Judo Bank Services Purchasing Managers Index (PMI) improved to 50.5 in November from 49.6 in ...
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Australian Dollar edges lower as US Dollar advances due to caution surrounding the Fed

The Australian Dollar holds losses as the US Dollar appreciates due Fed’s caution regarding its rate cuts. Australia’s total new ...
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Economy strong, but inflation not vanquished

Federal Reserve Bank of Minneapolis President Neel Kashkari said the US economy has remained remarkably strong as the Fed progressed in ...
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Australian Dollar remains subdued as US Dollar steadies ahead of US GDP

The Australian Dollar extended losses following downbeat CPI data released on Wednesday. The monthly Australian CPI rose by 2.1% YoY in ...
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US Dollar steady despite stronger US PMI data, outpacing Europe

The US Dollar remains under pressure form profit taking after Continuing Jobless Claims reach a fresh 3-year high The risk-off tone ...
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