Economic Indicators
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Gold Prices Surge Amidst US-China Trade Tensions and Central Bank Accumulation
Gold prices exploded to almost $3,400 amid London trading hours on Thursday. This increase was…
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US Dollar Weakens as Japan’s JGB Auction Draws Attention
As for the US dollar, it weakened very broadly overnight. It rolled over lower again…
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Japanese Yen Struggles Amid Rising Rate Hike Bets and Trade Optimism
The Japanese Yen is weak, weak, weak. It remains downbeat as it struggles with a…
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Japanese Yen Struggles Amid Rising Rate Hike Bets and Trade Deal Optimism
The Japanese Yen continues its weakening pattern. It’s in fact trading quite heavy during the…
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Global Currency Markets Struggle Amid Varying Economic Dynamics
In the latest developments in the foreign exchange markets, distinct economic dynamics have influenced trading…
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GBP/USD Pair Retracts Amid Mixed Economic Signals
The GBP/USD currency pair experienced a downturn during the European session on Friday, trading close…
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New Zealand’s Trade Surplus Soars Amid Global Tensions and Currency Movements
New Zealand’s economic landscape has changed radically over the last six months. The country posted…
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Powell Faces Criticism Over Tariffs and Fed Independence Amid Economic Uncertainty
Jerome Powell, the Chair of the Federal Reserve, recently addressed fears about the potential inflationary…
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ECB Cuts Interest Rates to Support Eurozone Growth Amid Rising Uncertainty
The European Central Bank (ECB) just declared a 25 basis point cut in its policy…
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Crypto Market Sees Significant Decline in First Quarter of 2023
In the first quarter of 2023, the cryptocurrency market had one of its worst quarters…