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Economic Report

USD/CAD keeps post-Fed losses, Eying US GDP

The USD/CAD pair remains pressured around six-week low, keeps Fed-inspired bearish bias despite oil’s pullback. Fears of US recession also recently poked bears even as Fed’s Powell favored sellers.USD/CAD bears approach 1.2800 while extending the post-Fed losses during Thursday’s Asian session. In doing so, the Canadian dollar ignores a pullback …

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Walmart In News Headlines Because Of Inflation, Q2 Results

US shoppers buy less than they normally used to. This is because prices have risen by double-digit percentages. Walmart warned that big-ticket items are still unsold. Walmart headed to news headlines for a couple of reasons.Firstly; Walmart warned investors that its profits are expected retreat because rising prices are forcing …

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