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Forex
US Dollar consolidates losses as focus shifts to US data
Here is what you need to know on Tuesday, February 27:
The US Dollar struggles to stay resilient against its major rivals early Tuesday. The US Dollar…
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The Market News Today: PPI Could Signal Future Inflation Trends
Stock Futures Stagnant as Inflation Reports Loom
U.S. stock futures showed little movement early Tuesday, with Wall Street eyeing upcoming inflation data. S&P 500 futures…
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ECB the highlight of the agenda in European trading today
Equities are in a more optimistic mood after the strong showing by Wall Street yesterday. We'll have to see if stocks can keep pace for a more robust finish to the week, though…
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Why is Bitcoin’s Price Down Today and What’s Next?
The cryptocurrency market has experienced a significant decline today, with Bitcoin falling below its $71,000 support barrier to $68,500 and Ethereum dropping to $3,600.The…
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Forex Signals Brief June 7: Will the NFP Save the USD or Plunge It Lower?
Yesterday the economic data was light until the ECB meeting just before the US open. The ECB implemented a widely anticipated 25 basis point reduction in rates, reducing the…
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US May non-farm payrolls 272K vs +185K expected
US jobs report for May 2024Prior month: 175K revised 165KDetails of the May 2024 jobs report:non-farm payroll for May 272K vs 185K estimate. Two-month net revision -15K vs -22K…
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Forex Signals Brief June 6: First ECB Interest Rate Cut Today
Yesterday started with the Australian GDP report for Q1, which was disappointing. Expectations were for the economic expansions to remain stable in Q1 at 0.2%, the same as in Q4…
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What are the main events for today?
It's going to be another boring European session today as the lack of market moving releases and the focus on the US NFP report will likely keep the markets at bay. The…
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Crude Oil News Today: Prices Rebound but Face Weekly Loss Ahead of Jobs Report
Oil Prices Rebound on OPEC+ Assurances but Head for Weekly Loss
OPEC+ Supply Decisions Impact Market
Over the past few days, oil prices regained some ground…
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What is priced in for the ECB going into the decision today?
It's a universal acceptance that the ECB will cut interest rates by 25 bps later today. They've telegraphed that quite clearly to markets over the last few weeks. So, don't…
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