Economic Indicators
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GBP/USD Climbs as US Dollar Weakens Post ISM Services Data
It shot up above 1.3560, a huge increase. This increase comes as the Greenback weakened…
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Canadian Dollar Reaches Eight-Month High After Bank of Canada Holds Steady
On Wednesday, the Canadian Dollar shot to an eight-month high against the US Dollar after…
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Currency Markets Await US Nonfarm Payrolls Data as GBP/USD and EUR/USD Show Signs of Pressure
Currency traders during the European session on Friday found an unusual calm during the decline…
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Currency Markets Await Key US Employment Data
The currency markets were active on Friday, with the GBP/USD pair continuing to trade with…
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US Dollar Shows Gains Ahead of Anticipated Employment Report
The US Dollar Index (DXY) was up a little more than one tick to 99.00.…
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Market Movements: EUR/USD Climbs While Australian Dollar Struggles
The most spectacular action occurred in the foreign exchange market. The EUR/USD currency pair showed…
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Currency Markets React to Weak ISM Data and Economic Reports
The foreign exchange markets saw significant movements over the course of this week in reaction…
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Global Manufacturing PMIs Show Accelerated Decline Amid Tariff Uncertainty
Recent data from Standard Chartered highlights a concerning trend in global manufacturing as Purchasing Managers’…
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ECB Rate Cuts Could Signal Cheaper Mortgage Options Ahead
The European Central Bank (ECB) prepares to make its own major decision on interest rates…
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Indian Rupee Faces Pressure Amid Rising Energy Costs and Disappointing PMI Data
The Indian Rupee is under fire for the second straight day. This fight has largely…