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Forex
Weak JOLTS Data Boosts Fed Rate Cut Hopes
Weaker than expected JOLTS Job Openings data in the USA yesterday boosted stocks slightly on expectations of a more dovish Fed, but the greenback was unmoved. Forex Brokers We…
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Gold Forecast Today – 2/02: Gold in a Range (Chart)
In the end, gold's recent trading patterns indicate an impending decision point in the market.
Gold witnessed an initial rally during Thursday's trading…
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Naira plunges in ‘official market’, CBN warns forex dealers
The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar.
The local unit had…
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ForexLive European FX news wrap: Markets wait on the US jobs report
Headlines:Markets:AUD leads, JPY lags on the dayEuropean equities higher; S&P 500 futures up 0.7%US 10-year yields up 1.7 bps to 3.879%Gold flat at $2,055.44WTI crude up…
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Forex Today – 01/02: Hawkish Fed Talk Cools Stocks
Markets are now seeing a much lower chance of a rate cut by the Fed in March after Jerome Powell calls it unlikely, sending stock markets lower.Yesterday’s closely watched…
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Forexlive Americas FX news wrap: Fed holds. The market shows it’s hanging on
Markets:Gold down $3 to $2033US 10-year yields down 7.3 bps to 3.98%WTI crude oil down $1.92 to $75.90S&P 500 down 1.6%JPY leads, AUD lagsToday truly underscored that this…
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Forex Today – 31/01: Aussie Inflation Drop Spurs Stocks
Australian inflation is falling faster than expected, raising hopes of quicker monetary easing, boosting Australian stocks, and weakening the Aussie Dollar.Australian CPI…
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Markets gear up for the FOMC event
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An inconclusive session in the Greenback left the USD…
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SP 500 Index Makes New Record High Price
The benchmark US S&P 500 Index rose firmly to trade at a new all-time high yesterday, with futures price action still looking bullish this morning.US stock markets are…
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Forex News – 23/01: BoJ Keeps Loose Policy, Lowers Forecast
The Bank of Japan maintained its policy settings at Tuesday’s policy meeting and lowered its core consumer inflation forecast. The Japanese Yen climbed about a half-percent…
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