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Aussie down on weak retail sales, iron ore sell-off

On the basis of a strong rise in Japan’s trade surplus in July, we had forecast the Yen to strengthen against the Aussie, a commodity currency, in our August 21st report. We had also indicated our willingness to open a

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Pfizer beats Q2 2017 EPS estimates, narrows FY17 EPS view

The stock of pharmaceutical giant Pfizer Inc (NYSE: PFE) fell early August, after reporting a lower-than- anticipated fiscal 2017 second-quarter revenues. However, Pfizer had reported an increase in Q2 2017 earnings compared with last year’s second-quarter. Furthermore, the company’s non-GAAP

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Rate hike expectations propel Canadian dollar

The Canadian dollar was on a tear against the G10 currencies for the most part of July. However, the Loonie declined against some of its rivals in August as geopolitical tensions between North Korea and the US forced investors to

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