<p>Similar to Australian dollar, Canadian dollar this year should continue to benefit from broad-based USD weakness, global recovery, and rebound in commodity, in particular crude oil, prices. H
<p>The EURUSD in the NY session, opened near its 100-hour MA (blue line in the chart below). Sellers could not push the price below that moving average, and sellers turned to buyers. </p>&
<p>In the minutes of May 5 meeting, RBA said the labor market s was expected to have “ongoing spare capacity”. Inflation was expected to stay below 2% “over the fol
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