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What’s what in FX? - TDS

FXStreet (Guatemala) - Analysts at TD Securities summed up conditions to date.

Key Quotes:

“In a light week for data, German production significantly disappointed in August, but was partly statistically distorted and Q3 GDP continues to track positive”.

“The week ahead will remain limited in terms of data, with more focus likely on policymakers’ discussions from Washington DC over the weekend, with CPI in the UK, Sweden, and Norway likely the European highlights”.

“Falling US yields and oil were the major movers of the week, as the dollar’s decline was actually less of an outlier, while the Bovespa rallied following the first round of the presidential elections”.

“Across the G10, CHF and CAD were the only ones to see slightly higher policy rate expectations, while data surprises outside of New Zealand generally continued to weaken and disappoint”.

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