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Business
AUD/USD hopes to hold technical breakout higher ahead of US PCE price data later
This is a case of data mismatch for the Aussie and the Greenback this week. The former saw stiffer inflation…
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Business
European indices open higher as stocks look for a more optimistic end to the week
Eurostoxx +0.5% Germany DAX +0.6% France CAC 40 +0.5% FTSE United Kingdom +0.7% Spain IBEX +0.6% Italy FTSE MIB +0.6%…
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Business
USD/JPY Cautiously Higher After BOJ Policy Decision, Traders Await Next Ueda Press
It’s a tough situation for Japan as the yen continues to fall this week. The BOJ hasn’t offered much help…
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Business
Stocks/bonds don’t like GDP inflation numbers. Stocks are down. Higher yield. The US dollar on the rise
U.S. stocks added another uptick after U.S. GDP weakened but inflation measures were higher. Core PCE prices for the quarter…
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Business
S&P and NASDAQ close higher for third consecutive day
The broader S&P and NASDAQ index closed higher for the third straight day. Gains were modest ahead of key earnings,…
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Business
Rising Australian CPI pushed AUDUSD higher, but the 200-day MA stalled the rally.
AUDUSD pushed higher today after higher-than-expected CPI data, putting the kabosh on a rate cut soon. However, after racing towards…
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Business
USDCAD is moving higher, aided by fundamental data and the technical rebound.
Retail sales in Canada were a little weaker than expected. Meanwhile, U.S. durable goods orders were strong. This combination helped…
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Business
ForexLive Asia Pacific FX News Roundup: Australian CPI Data Higher Than Expected, AUD Rises
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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