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UOB’s Quek Ser Leang and Lee Sue Ann note AUD/USD rebounded to close around 0.7062 after the RBA left its cash rate at 4.35%. Intraday, they see scope for the Australian Dollar to edge higher, though a sustained break above 0.7075 is unlikely.
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The investment portfolio of the world’s largest sovereign-wealth fund returned 9.4% in the first half, delivering a profit of nearly $185 billion before currency effects.
Hardik Pandya has been rejected by Gujarat Titans after seeking a return and captaincy, which was a dealbreaker. Currently captaining Mumbai Indians, Pandya's performance hasn't impressed fans…
Societe Generale’s Kenneth Broux highlights that the Canadian Dollar has recovered to its strongest level in two months, with USD/CAD mean‑reverting to 1.3933 from 1.4248.
Tokyo, Aug. 12 (Jiji Press)--All Nippon Airways said Wednesday that it will lower fuel surcharges, added to airfares, for flights from Japan to North America and Europe by 10,000 yen to 55,000 yen for…
Fasanara Capital has appointed Dr Darran Specter, CFA, as Head of Quant Equity, as the $6bn asset manager continues to expand its quantitative investment platform.
A stronger currency “opens a window” for the central bank to reduce interest rates to support the economy.