Tag: Financial markets

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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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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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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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GBP/JPY Weekly Forecast: Latest Analysis and Predictions

Last week, GBP/JPY continued its upward trend and reached a high of 206.42. This week, the initial bias suggests further rally. A strong break...
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Gold Price Surges to Six-Week High Amid Weak US Labor Market Data

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
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UK Pound Sterling Strengthens Amid Softening US Wage Growth and UK Labour Majority Hold

The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured...
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GBP Reacts to UK Election Result: Analysis by Rabobank

The GBP has remained relatively stable following the UK election results, despite the lack of significant movement. However, the recent decline in the value...
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French Elections Round Two, Powell Testimony, and US CPI Preview – Action Forex

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...
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Federal Reserve Seeks Confidence Before Implementing Rate Cuts

The Federal Reserve recently released its Semi-Annual Monetary Policy Report, highlighting that while there has been some progress on inflation this year, they are...

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X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...