Business

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Pound Sterling Rises as UK Starmer Wins and Fed Rate-Cut Bets Increase

The Pound Sterling is showing strength against the US Dollar as expectations for Federal Reserve rate cuts in September have increased. This positive momentum...
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China’s Renewable Energy Expansion Struggles with Grid Capacity Limits

China's renewable energy expansion has reached unprecedented levels, with the country deploying record-breaking amounts of wind and solar capacity. However, this rapid growth has...
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Uber Delivery: The Key Growth Driver for Near-Time Success

Last-mile delivery has become a crucial aspect of the business world, especially in the current post-pandemic environment. Companies like DoorDash and Uber are heavily...
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Ukrainian Air Defense Thwarts Russian Missile Attack on Kyiv: Officials

Ukrainian air defenses were called into action on Monday to defend against a surprising daytime missile attack from Russia on the capital city of...
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EUR/USD Recovery Continues: Bullish Momentum Intact

The EUR/USD pair continues its recovery, showing bullish momentum as it surpasses the 1.0800 resistance level. A bullish trend line is forming with support...
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Bank of England MPC Member Haskel to Address Inflation on Monday

High risk warning: Foreign exchange trading has a high level of risk that may not be suitable for all investors. When you use leverage, you...
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Japanese Yen Strengthens as US Dollar Weakens on Fed Rate Cut Expectations

The Japanese Yen has been gaining strength against the US Dollar due to challenges faced by the USD following weaker-than-expected US employment growth data...
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Weekly EUR/USD Forecast: Latest Analysis and Predictions for Traders

EUR/USD saw a strong rebound last week, indicating that the pullback from 1.0915 may have ended at 1.0665. The initial bias for the upcoming...
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Swiss National Bank Chair Jordan Prepared to Intervene in FX Market – Forexlive

Thomas Jordan, the Chairman of the Swiss National Bank (SNB), recently discussed the Swiss franc and the bank's potential intervention in the foreign exchange...
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Mexican Peso Surges to 3-Day High, Ends Week with 1% Gain

The Mexican Peso experienced a surge to an eight-day high of 17.99 against the US Dollar before losing momentum and fluctuating within the 17.99...

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Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles

Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that...