Tag: Financial markets

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USD/CNH Forecast: Potential Break Above 7.3000 to Reach 7.3100 – UOB Group

The US Dollar (USD) is expected to increase in value according to analysts at UOB Group. However, they do not foresee the USD reaching...
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Tokyo CPI Impact on July BoJ Meeting – Action Forex

The Bank of Japan (BoJ) meeting minutes suggest that a rate hike in July is still on the table. Despite keeping interest rates unchanged...
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Canadian Dollar Rises to High End in Quiet Monday Trading

The Canadian Dollar (CAD) saw a slight rise on Monday as the US Dollar weakened, providing some breathing room for the CAD against other...
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Top Stock Picks Recommended by Wall Street Analysts for Long-Term Investment Success

The U.S. stock market is being influenced by the Federal Reserve's decision on interest rates and the ongoing artificial intelligence trend. Wall Street analysts...
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Silver Price Forecast: XAG/USD Drops Below $30 Amid Bearish Engulfing Pattern

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The...
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GBP/USD Weekly Forecast: Key Analysis and Predictions

The GBP/USD pair continued to decline last week, falling from the short-term high of 1.2859 despite a temporary recovery. This week, the initial bias...
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Gold price drops due to firm US yields and strong USD following solid US...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility...
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USD/NOK Rises as Norges Bank Maintains Hawkish Stance

The Norges Bank made the expected decision to keep its interest rate steady at 4.5%, postponing any rate cuts until the first quarter of...
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US PCE Inflation in Focus: Week Ahead Agenda – Action Forex

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
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UK Election Turmoil and Mixed Data Weigh on Pound Sterling

The recent data coming out of the United Kingdom has painted a mixed picture of the economy, leading to some turmoil for the Pound...

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The Shift from ‘Great Resignation’ to ‘Great Stay’ Explained by Labor...

The U.S. job market has seen a significant shift from the 'great resignation' to the 'great stay,' a term coined by labor economists to...

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