EURUSD - Chart of the Day The European Central Bank (ECB) will make a decision today at 1:15 PM BST, and this could cause some changes in the value of the Euro compared to the US Dollar. The markets are unsure about what ECB's head, Christine ...

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BOS's Dilemma: Balancing Economy and Inflation The UK's currency, the British Pound, is falling against the US dollar today. This is due to weaker than expected economic growth data for July and a drop in industrial production. The economy shrank by ...

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UK GDP Below Expectations, GBPUSD Ticks Lower! The UK's Gross Domestic Product (GDP) data, which measures the size of the economy, didn't grow at all over the past year (0.0%), which was less than what was predicted (0.4%). It was also less than the ...

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Apple One Step Closer to iPhone 15 Debut Apple's stock (AAPL.US) has gone up this year. However, the company hasn't shared its plans for artificial intelligence (AI) technology yet. Also, their second-quarter results showed that device sales are not ...

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Bitcoin Analysis Cryptocurrencies extend losses amid fears of FTX asset liquidation! Bitcoin is down 2.70% and is struggling to maintain the key support zone at the level of 25,200 dollars. The sentiment in the market is not improving, and the ...

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China Inflation to Rebound on Economic Recovery China’s consumer price inflation, which measures the average change in prices over time that consumers pay for a basket of goods, is expected to increase in the coming months. This is due to the ...

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Apple Sanctions Shake Wall Street Wall Street is down today. This is due to a strong reading of US claims, a sell-off in China, and sanctions against Apple. The strong claims reading shows that the labor market is doing well. This fits with the ...

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Japanese Government Considers Intervention as Yen Volatility Continues The yen in Japan has been quite unpredictable lately, which is causing worry for the country’s leaders. Masato Kanda, the Vice Minister of Finance for International Affairs, and ...

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Bank of Canada Expected to Keep rates unchanged. USDCAD enjoyed strong gains between June 2021 and October 2022, gaining over 15% over the period. However, the advance was halted in the final quarter of 2022 and the pair has traded largely sideways ...

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EURUSD Christopher J. Waller, a voting member of the Fed's Governing Council, delivered some comments on monetary policy and economy this afternoon. Comments can be seen as dovish with Waller hinting that the September meeting may see rates being ...

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EURUSD PMI indexes in Europe mostly performed weaker than preliminary readings. In countries that reported data for the first time today, the readings were also worse than expected. Those are services PMI readings from European countries: Spain: ...

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Bitcoin: Will the Price Drop Below $25,000 Bitcoin’s price is falling and is currently around $25,400. A few days ago, the price went up after Grayscale won a court case against the SEC. However, the excitement didn’t last long. Major ...

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Chart of the Day - USDCAD The value of the US dollar compared to the Canadian dollar (USDCAD) might change a lot today in the early afternoon. This is because two important reports will be released at 1:30 pm BST. One report is about jobs in the US ...

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WTI is testing $83 per barrel area amid expectations of further supply cuts WTI (West Texas Intermediate) is a type of crude oil that is used as a benchmark for oil prices. It is currently trading at around $83 per barrel, which is higher than ...

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Chart of the Day - USDCAD This week, there have been several important reports about the economy of the United States, and more are expected. One report showed that the number of new job openings is decreasing, which means the job market is not as ...

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CPI in France Significantly Higher France inflation data for August was published at 7:45 am BST time today: CPI: actual 4,8% y/y; expected 4,6% y/y; previously 4,3% y/y HICP: actual 5,7% y/y; expected 5,4% y/y; previously 5,1% y/y Inflation data ...

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Euro’s Recovery Hinges on Inflation Data and US PCE Price Index The Euro is trying to recover against the US Dollar and British Pound before the release of Euro area inflation data and US core PCE price index data. The Euro area economy has had some ...

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Fundamental Outlook The US dollar has risen slightly after a strong run, but traders are waiting for more economic data before making any big bets. The Japanese yen, on the other hand, is near levels that triggered intervention last year. The dollar ...

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Germany Consumer Sentiments - Lower GFK Reading A recent report shows that German consumers are feeling less confident about the economy. The GfK, a market research company, found that consumer sentiment in Germany is lower than expected and has ...

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