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United States EIA Crude Oil Stocks Change above expectations (0.7M) in April 3: Actual (3.081M)

USD: Ceasefire drives renewed weakness – MUFG

MUFG’s Head of Research Derek Halpenny highlights that a two-week ceasefire between the US, Israel and Iran has sharply weakened the US Dollar as risk sentiment improves and Brent Oil falls.
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GBP/USD: Strong rally eyes 1.35 – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note that the Pound (GBP) is a strong G10 performer, gaining about 1.1% on sentiment-driven buying and pushing to the top of its late-February range.
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