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author-avatar Alice Scott
Uncategorized
September 11, 2024
12 Sep 2023

GBP/USD: Vulnerable Labor Market Report Puts Pound Sterling at Risk

Introduction In the ever-fluctuating world of forex trading, the Pound Sterling (GBP) has found itself in a precarious position. Failing to protect its crucial support level at 1.2500, the GBP is facing mounting challenges following the release of a...
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US Dollar Strengthens Amidst European Turbulence: Analyzing the Impact of the Polish Zloty and Upcoming CPI Report
author-avatar Alice Scott
Uncategorized
September 12, 2023
12 Sep 2023

US Dollar Strengthens Amidst European Turbulence: Analyzing the Impact of the Polish Zloty and Upcoming CPI Report

The Polish Zloty Weakness Fuels US Dollar Recovery In the dynamic world of foreign exchange markets, the US Dollar (USD) is currently on a firm path to recovery, effectively offsetting earlier losses sustained on Monday. The driving force behind thi...
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AUD/USD Surges by 1% as US Dollar Weakens: A Monday Market Update
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

AUD/USD Surges by 1% as US Dollar Weakens A Monday Market Update

AUD/USD Soars Amidst US Dollar Downturn The AUD/USD pair has witnessed a remarkable surge on the first trading day of the week, maintaining strong intraday gains and hovering near a multi-day peak throughout the European session. As traders closely ...
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GBP/USD Rebounds from Weekly Gap, Testing 1.2500 Mark
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

GBP/USD Rebounds from Weekly Gap, Testing 1.2500 Mark

GBP/USD Finds Support After Weekly Gap The GBP/USD currency pair has recently witnessed a resurgence in demand, attracting dip-buyers following a gap in the weekly chart during the Asian trading session on Monday. The pair has surged to fresh daily ...
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GBP Bounces Back Amid Easing Bearish Sentiment - UK Employment Report in Focus
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

GBP Bounces Back Amid Easing Bearish Sentiment – UK Employment Report in Focus

Introduction In the ever-evolving world of currency markets, the Pound Sterling (GBP) has made a resounding comeback, defying bearish market sentiment. While this rebound is certainly noteworthy, it's essential to recognize that the broader market b...
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Asian Stocks Slide as Alibaba's Cloud Unit Boss Resigns Amidst Market Jitters
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

Asian Stocks Slide as Alibaba’s Cloud Unit Boss Resigns Amidst Market Jitters

Introduction In a day marked by cautious trading, Asian stock markets witnessed a dip on Monday as investors braced for crucial updates on U.S. inflation and interest rates. The Hang Seng index in Hong Kong bore the brunt of the decline, plunging by...
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EUR/USD Rises to 1.0725 Amid Dollar Weakness: Yellen's Inflation Stance and ECB Meeting Awaited
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

EUR/USD Rises to 1.0725 Amid Dollar Weakness: Yellen’s Inflation Stance and ECB Meeting Awaited

Introduction In the ever-shifting landscape of global finance, the EUR/USD exchange rate has recently made headlines by posting a modest gain, reaching around 1.0725. This upward movement comes on the back of a weakening US Dollar and a series of ke...
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European Commission Downgrades Eurozone Growth Projections Amidst German Recession
author-avatar Alice Scott
Uncategorized
September 11, 2023
11 Sep 2023

European Commission Downgrades Eurozone Growth Projections Amidst German Recession

Introduction In a recent quarterly assessment, the European Commission has cast a shadow of uncertainty over the economic prospects of the Eurozone for both this year and the next. The central reason behind this gloomy outlook is the unexpected rece...
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AUD/USD Trades Sideways Near 0.6400 Amidst Fed and RBA Decisions
author-avatar Alice Scott
Uncategorized
September 9, 2023
09 Sep 2023

AUD/USD Trades Sideways Near 0.6400 Amidst Fed and RBA Decisions

Introduction In the dynamic world of forex trading, the AUD/USD pair has recently captured traders' attention as it maintains a sideways movement near the crucial resistance level of 0.6400. This article delves into the factors contributing to this ...
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USD/JPY Remains Elevated: Japanese Yen's Impact on the US Dollar
author-avatar Alice Scott
Uncategorized
September 9, 2023
09 Sep 2023

USD/JPY Remains Elevated: Japanese Yen’s Impact on the US Dollar

Introduction In the world of forex trading, the USD/JPY currency pair has been under the spotlight as the Japanese Yen (JPY) grapples with making a significant upside impact on the US Dollar (USD). Despite warnings from Japanese Finance Minister Shu...
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Federal Reserve's Caution on CBDC: A Long Road to Digital Currency Adoption
author-avatar Alice Scott
Uncategorized
September 9, 2023
09 Sep 2023

Federal Reserve’s Caution on CBDC: A Long Road to Digital Currency Adoption

Introduction In the fast-evolving landscape of digital currencies, central banks around the world are carefully considering the development and issuance of their own digital currencies. The United States, home to the world's most influential central...
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AUD/USD Pair Finds Support as Australian GDP Report Surpasses Expectations
author-avatar Alice Scott
Uncategorized
September 6, 2023
06 Sep 2023

AUD/USD Pair Finds Support as Australian GDP Report Surpasses Expectations

Introduction In the world of forex trading, the AUD/USD pair has been making waves recently. For the second consecutive day, it has found support in the mid-0.6300s, marking a notable recovery from a low not seen since November 2022. This article wi...
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