Economic Indicators
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GBP/USD Faces Downward Pressure Amid Softening UK Inflation
The GBP/USD exchange rate remains under significant downward pressure, staying around the 1.2900 level early…
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Oil Prices Rise as US and China Prepare for Trade Talks
Oil prices are already beginning to bounce back. West Texas Intermediate (WTI) futures are aimed…
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UK Inflation Forecasts on the Rise as Services Sector Faces Challenges
UK’s Office for Budget Responsibility (OBR) to raise inflation estimates for next several years. They…
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Canadian Dollar Strengthens as Bank of Canada Plays Key Role
The Canadian Dollar (CAD) has gained a lot of strength recently. In fact, over the…
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USD/CAD Faces Resistance Amidst Positive Trade Talks
The USD/CAD currency pair experienced a downturn on Friday as traders reacted to optimistic developments…
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RBNZ Reports Inflation Decline to 2.9% in Q1 2025
Recently, the Reserve Bank of New Zealand (RBNZ) introduced its Sectoral Factor Model Inflation measure…
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EUR/USD Pair Retreats from Three-Year High Amid US Dollar Sell-Off
On Monday, the EUR/USD currency pair hit a high of 1.1574, a 2% gain—the best…
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Currency Markets React to Fed Concerns and USD Weakness
The currency markets saw wild swings on Monday, fueled by a mix of international geopolitical…
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EUR/USD Pair Retreats as Concerns Over Federal Reserve Mount
At the start of trading on Monday, the EUR/USD currency pair jumped to a high…
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Consumer Confidence Index Weakens in March, Signaling Economic Concerns
In March, the US Consumer Confidence Index made its largest one-month drop ever recorded. It…