United States Baker Hughes US Oil Rig Count came in at 410, above forecasts (407)

Forecasting the upcoming week: Inflation is the key to the FX market next week

The US Dollar (USD) lacked directional momentum this week amid geopolitical and local uncertainty. On the one hand, the United States (US) President Donald Trump continued threatening Iran with military interventions, taking down the tone by the week’s end, but noting that all options are still on
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AUD/USD slips as resilient US data dim hopes for early Fed cuts

The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, as resilient US economic data and hawkish-leaning Federal Reserve (Fed) rhetoric keep the Greenback firmly supported.
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