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Fed's Dudley: Modest wage growth reflects sluggish productivity

William C. Dudley, the president of Federal Reserve Bank of New York and vice-chairman of the Federal Open Market Committee, is crossing the wires, with the key quotes, via LiveSquawk, found below:

  • Expects further labor market strengthening, moderate economic growth
  • Modest wage growth reflects sluggish productivity
  • Expects U.S. inflation increase 'over medium term' toward 2% goal

EUR/SEK momentum switched to negative

EUR/SEK momentum switched to negative
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USD/CAD stays bullish near term – Scotiabank

In view of Eric Theoret, FX Strategist at Scotiabank, the pair’s outlook stays on the bullish side in the shot term. Key Quotes “Momentum signals ar
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