AUD/USD: We continue to see risks of further weakness – Rabobank

AUD/USD: We continue to see risks of further weakness – Rabobank

FXStreet (Córdoba) – According to Jane Foley analyst at Rabobank concerns over the Chinese growth outlook and the risk that the Reserve Bank of Australia (RBA) could still cut rates again this cycle, favors the risk of further falls in AUD/USD.Key Quotes: “The value of AUD/USD took a dive overnigSee Original Article

UPDATE 1-Bank of America to halt dollar supplies to Angola – sources

LUANDA, Nov 26 (Reuters) – Bank of America will stop supplying U.S. dollars to Angola at the end of this month, two foreign exchange sources said on Thursday, a move that could pile pressure on the…

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GBP/USD: downside bias still below 200/50 death cross

FXStreet (Guatemala) – GBP/USD is currently trading at 1.5096 with a high of 1.5132 and low of 1.5065.GBP/USD has consolidated the downside as the greenback picked up the pace this week and Sterling suffered on the back of BoE’s Haldane’s comments when stating that the balance of risk around UK GDP See Original Article

Oil retreats in holiday-thinned trade

FXStreet (Córdoba) – Crude oil prices edged slightly lower on Thursday, but remained up on the week, with WTI futures trading around $42.50 a barrel by the end of the day. Concerns over a persistent supply glut continued dominating investors’ sentiment, as US stockpiles are still at their highest lSee Original Article