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Qatar says US-Iran talks have made ‘positive progress’
Qatar’s Foreign Ministry spokesperson said that “positive progress” was made on issues related to the Memorandum of Understanding (MoU) following separate meeting of Qatari and Pakistani mediators with the US and Iranian delegation in Doha, CNN reported on Wednesday.
Fxstreet
Wed, Jul 1
Banxico Survey: Private economists see lower inflation in Mexico
On Wednesday, the Bank of Mexico (Banxico) revealed that private analysts reduced their inflation expectations for the end of 2026, and updated estimates for economic growth, the exchange rate and the level of the interbank lending rate.
Fxstreet
Wed, Jul 1
South Korean Won: Rangebound against US Dollar – Societe Generale
Societe Generale analysts observe that USD/KRW stalled after meeting interim resistance around 1561 in June and now looks set to trade within a range. They see limited evidence of a large decline, with 1530 as initial support on pullbacks.Fxstreet
Wed, Jul 1
BoC’s Macklem: Inflation is clearly above target
Speaking at a policy panel at the European Central Bank’s (ECB) Forum on Central Banking on Wednesday, Bank of Canada (BoC) Governor Tiff Macklem said that Canada’s economy remains soft, while inflation is still running clearly above target.
Fxstreet
Wed, Jul 1
Singapore Dollar: Range-bound trade signals consolidation against US Dollar – UOB
UOB’s Quek Ser Leang notes USD/SGD is consolidating after Monday’s dip, with intraday momentum flat and the pair expected to hold a narrow 1.2925–1.2955 band. On a 1–3 week horizon, the bank keeps a neutral stance, projecting a broader 1.2870–1.2970 range.
Fxstreet
Wed, Jul 1
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