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GBP/USD Remains in a Sideways Consolidative Price Move
author-avatar Martha Pulido
Analysis
May 10, 2023
10 May 2023

GBP/USD Remains in a Sideways Consolidative Price Move

Introduction The GBP/USD pair has been range-bound and consolidating for the past two days, confining itself in a narrow trading band. As of Wednesday's European session, the pair remains steady above the 1.2600 mark, showing little indication of br...
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EUR/USD: Bullish Momentum Eases as ECB-inspired Pullback Takes Over
author-avatar Mark Klocke
Analysis
May 10, 2023
10 May 2023

EUR/USD: Bullish Momentum Eases as ECB-inspired Pullback Takes Over

Introduction: The EUR/USD has been in a bullish momentum for quite some time, reaching a high of 1.1075 level. However, the bullish momentum seemed to have eased last week Thursday as the European Central Bank (ECB) decided to hike rates in line wit...
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U.S. Debt Ceiling Crisis and Inflation Data Affect Dollar
author-avatar Jack Perry
Forex, News
May 10, 2023
10 May 2023

U.S. Debt Ceiling Crisis and Inflation Data Affect Dollar

The U.S. debt ceiling crisis has caused volatility in the financial market, as the dollar seesaws amid uncertainty about the country's ability to pay its debts. The situation has been exacerbated by the lack of progress in talks between U.S. Presiden...
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AUD/USD Extends Pullback Amid Soft China Trade and Aussie Retail Sales Figures
author-avatar Martha Pulido
Analysis
May 9, 2023
09 May 2023

AUD/USD Extends Pullback Amid Soft China Trade and Aussie Retail Sales Figures

Introduction The AUD/USD pair continued its downward trend on Tuesday, holding lower grounds near 0.6775. The pair extended its pullback from an intraday high, experiencing its first daily loss in seven. The decrease in value of the Australian dolla...
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Indonesian Rupiah Devaluation: Reasons and Implications
author-avatar Jack Perry
Forex, News
May 9, 2023
09 May 2023

Indonesian Rupiah Devaluation: Reasons and Implications

Introduction The Indonesian rupiah has been facing a steady decline in value against the US dollar. In recent news, it was reported that the rupiah lost 0.4% of its value against the dollar. This article aims to discuss the reasons behind the devalu...
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South Korean Won Falls Due to Interest Rate Changes
author-avatar Jack Perry
Forex, News
May 8, 2023
08 May 2023

South Korean Won Falls Due to Interest Rate Changes

The South Korean won has experienced a 0.2% decline in recent weeks due to interest rate changes. This shift has raised concerns about the impact on the country's economy and its citizens. In this article, we will delve deeper into the causes and eff...
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China's Yuan Approaching 7 Against Dollar Amid Uneven Economic Recovery
author-avatar Jack Perry
Forex, News
April 26, 2023
26 Apr 2023

China’s Yuan Approaching 7 Against Dollar Amid Uneven Economic Recovery

China's yuan is once again making headlines as it rose 0.1% against the dollar but closed in on the 7 level. The yuan's steep losses this week are a result of continued concerns over the country's uneven economic recovery. Uneven Economic Recovery ...
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Silver Price Faces Resistance Ahead of Key US Data: Can It Break Through?
author-avatar Andrew Johnson
Commodities, News
April 26, 2023
26 Apr 2023

Silver Price Faces Resistance Ahead of Key US Data: Can It Break Through?

Introduction: The silver market has been volatile recently, with the precious metal struggling to find direction amidst conflicting signals from economic data and geopolitical developments. In this article, we will explore the current state of the s...
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Global Stocks Slip as Earnings Reports Drive Market Sentiment; Amazon and Procter & Gamble Beat Expectations
author-avatar Noah Ellis
News, Stocks
April 22, 2023
23 Apr 2023

Global Stocks Slip as Earnings Reports Drive Market Sentiment; Amazon and Procter & Gamble Beat Expectations

The global stock market experienced a decline for a third consecutive day on Friday as investors analyzed the latest round of corporate earnings results. While some companies beat expectations, others faced challenges, resulting in mixed sentiments a...
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Mixed Results for Germany Stocks Software, Food & Beverages, and Pharmaceuticals & Healthcare Lead Gains, Construction and Chemicals Weigh Down
author-avatar Noah Ellis
News, Stocks
April 22, 2023
23 Apr 2023

Mixed Results for Germany Stocks: Software, Food & Beverages, and Pharmaceuticals & Healthcare Lead Gains, Construction and Chemicals Weigh Down

Germany stocks closed with mixed results on Friday, with gains in some sectors offset by losses in others. The DAX, which represents the 30 largest and most actively traded companies on the Frankfurt Stock Exchange, added 0.54%, while the MDAX index,...
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Bed Bath & Beyond Considers Asset Sales and Bankruptcy Filing amid Financial Challenges
author-avatar Noah Ellis
News, Stocks
April 22, 2023
23 Apr 2023

Bed Bath & Beyond Considers Asset Sales and Bankruptcy Filing amid Financial Challenges

Introduction Bed Bath & Beyond Inc (NASDAQ:BBBY), a popular home goods retailer, is reportedly considering sales of assets and intellectual property as part of a potential bankruptcy filing. The company is also in talks with U.S.-based investmen...
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Resource Nationalism in Latin America Triggers a Drop in Lithium Shares
author-avatar Noah Ellis
News, Stocks
April 22, 2023
22 Apr 2023

Resource Nationalism in Latin America Triggers a Drop in Lithium Shares

Introduction: The world is shifting towards renewable energy, and electric vehicles (EVs) are playing a crucial role in this transition. As a result, the demand for lithium, a key component in EV batteries, is skyrocketing. However, with Latin Ameri...
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