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US Dollar Remained Weak: Global Uncertainty Justifies Slower Path of Rate

US dollar has remained weak in the Asian trading session following yesterday’s speech from Fed Chair Yellen, which signalled more caution over rate hikes in the near-term. “Given the risks to the outlook, I consider it appropriate for the committee to proceed cautiously in adjusting policy,” Yellen said. Besides, she adds: “The major thing that’s […]

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Asia in Negative Despite Strong AU GDP. Manufacturing in Focus today

Stock markets in the US finished on a mixed note with the S&P and the DOW in minus, whilst the Nasdaq managed to take home a 0.3% gain. The US Dollar continued overall on the bid and has shown a solid performance in May on back of re-ignited rate speculation, taking the US Dollar Index […]

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Global Stocks To Post Third Weekly Loss?

Risk aversion has been dominating recently on back of concerns of a global slowdown and uncertainty about the outcome of the Brexit referendum just to name a few parameters. This could lead to the that the saying “sell in May and walk away” once again will prove itself to be correct. US stocks were flat […]