Economic Indicators
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US Dollar Faces Pressure Amid Weak Employment Data
Here’s a summary of why this morning the US dollar ($ or USD) feels weak.…
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Gold Faces Key Consolidation Phase Ahead of Potential Trend Shift
Gold has recently come into an important consolidation period, evidenced by its price ranging between…
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GBP/USD Stays Steady Amid Mixed Economic Signals
With the GBP/USD currency pair currently trading around the 1.3550 area, indicative of a very…
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France Faces Political Turmoil as Bayrou Seeks Confidence Vote
France’s political landscape is very turbulent. Now, the third such leader in the fiercely independent…
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Poland’s Central Bank Cuts Interest Rates Amid Strengthened US Ties
Poland’s central bank took a big step in the right direction on Wednesday, cutting its…
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Markets Stabilize Ahead of Key NFP Report
Stocks came under pressure at the end of last month, forcing traders to rebalance or…
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Canadian Dollar Struggles Amid Ongoing Economic Challenges
The Canadian economy is presently facing a perfect storm of adversity that is weighing heavily…
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USD/JPY Stabilizes as Market Awaits Powell’s Speech
As of this writing during American trading hours, the USD/JPY currency pair is at about…
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Australian CPI Release Looms Amid Cautious Remarks from Powell
Australia’s Monthly Consumer Price Index (CPI) report, hitting the market Wednesday. With this announcement, both…
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USD/CAD Pair Gains Momentum Amidst Ongoing Market Fluctuations
On Friday, the USD to CAD exchange rate climbed for the second consecutive day. During…