EUR Plunges Below $1.0580

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🇪🇺 🇪🇺 EUR/USD has hit a 6-month low under 1.0560

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China Intervening To Push Up Yuan

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🇨🇳 🇨🇳 China state banks intervening to sell USD/CNY

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USDMYR Breaks Above RM4.70

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🇲🇾 🇲🇾 BREAKING: USDMYR TRADES ABOVE RM4.70

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Goldman Turns Bearish On GBP

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🇬🇧 🇬🇧 Goldman Sachs have lowered their forecasts for GBP/USD, have a “tactically bearish view”

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Japan: A Snap Election?

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🇯🇵 🇯🇵 There is rising speculation that Japanese Prime Minister Kishida may call a snap election

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Get Ready For Weaker Credit Conditions

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🚨 🚨 US bank economists expect credit conditions to weaken over the next six months

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BOJ Minutes: The Truth Surfaces

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🇯🇵 🇯🇵 BOJ Minutes: Members agreed the BOJ must maintain current monetary easing to stably, sustainably hit price target

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Banks Downgrade China Growth

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🇨🇳 🇨🇳 China: HSBC Holdings Plc, Morgan Stanley and Citigroup Inc. are already predicting growth of under 5% this year, with HSBC cutting its forecast this week to 4.9% from 5.3%

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Microsoft And India’s Infosys Team Up

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🇮🇳 🇮🇳 Microsoft, Infosys team up to provide enterprises AI solutions to help enterprises scale next-generation artificial intelligence, or AI, solutions

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