Economic Indicators
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BoE Prepares for Significant Decision Amid 7-2 Vote Split
The Bank of England (BoE) is preparing for something of a watershed week. It will…
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Gold Price Poised for Upside as Market Eyes Key Resistance Levels
Gold prices have recently demonstrated a rebound of notable strength, as they approach key resistance…
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Gold Prices Surge Amid Trade Concerns and Dovish Fed Sentiment
In fact, gold prices—the price of gold tracked by the XAU/USD currency pair—rocketed during the…
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Bank of England Expected to Announce Interest Rate Cuts Amid Economic Uncertainty
With just days to go until the Bank of England makes what could be a…
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EUR/USD Gains Amid US Dollar Weakness as Markets Await Key Economic Data
The EUR/USD cross currency pair is taking small gains this morning. Currently, it is trading…
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Market Sentiment Shifts as Investors Seek Safe Havens
As of early Thursday, global financial markets were clearly in a “risk-off” mode. Investors rushed…
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Indian Rupee Faces Pressure Ahead of CPI Data as USD/INR Rebounds
The Indian Rupee (INR) depreciated to near 85.53 vs. the US Dollar (USD) during Thursday’s…
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British Economy Faces Major Setback as April GDP Figures Show Contraction
The first big test for the incoming Labour government will come with the release of…
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Australian Dollar Surges as US Dollar Weakens Amid Risk-On Sentiment
The Australian Dollar (AUD) rocketed higher against the US Dollar (USD) on Monday. It has…
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AUD/USD Surges Amid Weakening US Dollar and Risk-On Sentiment
The Australian Dollar (AUD) – USD cross is gaining extremely bullish momentum. Having passed the…