Category: review
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Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!
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the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…
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Daily FX Market Review: U.S. Dollar Hits Its Lowest Point of the Year!
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The US dollar hit its lowest level this year on Tuesday as market participants awaited the Federal Reserve’s next interest rate cuts. The dollar fell to levels not seen since early January, reflecting expectations that the U.S. Federal Reserve will begin cutting interest rates next month. This decline comes in…
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Daily stock market review: mixed trends and sector performances highlight cautious investor sentiment
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Stock Heat Map from FinViz.com Friday, August 16, 2024 13:46:07 GMT Daily Stock Market Review: Mixed Trends, Sector Performance Highlight Cautious Investor Sentiment The US stock market today shows a diverse panorama, displaying a mix of trends and sentiment across different sectors. The heat map provides a clear glimpse into…
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Daily FX Market Review: PPI Data Comes In Soft, Dollar Takes A Hard Dump! ?
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Today, in the United States, the Producer Price Index (PPI) was released and showed an increase of 0.1% In July, which was less than the expected rate of 0.2%. Excluding food and energy, the core PPI remained levelThe core producer price index showed a sharp decline on an annual basis…
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FX Daily Review: Dollar Holds Steady Against Yen As Global Market Mayhem Eases
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It’s only Tuesday, but what a week it’s already been! ? Yesterday, investors, traders and investors around the world experienced a rollercoaster ride as global stock markets plunged, but today they have partially recovered. An important factor contributing to these disturbances was the solution of thepregnancy tradeIt is a popular…
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FX Daily Review: US Dollar Gets a Lift from Positive Economic Vibes
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the U.S. dollar US stocks rose today, supported by positive economic data and optimism about the resilience of the US economy. The June Job Openings and Labor Turnover Survey (JOLTS) showed job openings Decreased from 8.23 million to 8.18 millionexceeding analysts’ expectations. The Federal Reserve closely monitors the JOLTS data…
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Daily FX Market Review: Pressure Mounts on Bank of Japan as Yen Rises for Second Day
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the Japanese Yen The pound rose for a second day in a row against the US dollar, supported by comments from a senior Japanese politician. Bank of Japan (BOJ) conducts Urged by Toshimitsu Motegia senior official in Japan’s ruling party, to more clearly indicate his intention. Monetary policy normalization. Normalization…
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Daily FX Market Review: Cha-Ching! Retail Sales Surprise Sends Dollar Higher
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The US dollar rose for the second day in a row due to stronger-than-expected US retail sales. While overall retail sales remained unchanged.Retail sales excluding automobiles U.S. retail prices rose 0.4% in June. Yes, American shoppers were back on track in June, spending more on everything except cars. This rapid…
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Daily FX Market Review: JPow Reports Inflation Progress, Eyes Future Rate Cuts
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Federal Reserve Chairman Jerome Powell (“JP Powell”) Mr. Trump began two days of testimony in both chambers of Congress: the Senate Banking, Housing and Urban Affairs Committee today and the House Financial Services Committee tomorrow. In the United States, the Chairman of the Federal Reserve must report to Congress twice…
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RBNZ Monetary Policy Review due Wednesday – “not expecting a whole lot”
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Daily FX Market Review: JPow Says Nothing Hawkish So Dollar Falls
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Today’s interesting news in Forex came from Portugal. Speaking at a panel discussion at the European Central Bank’s monetary policy conference in Sintra, Portugal, Federal Reserve Chairman Jerome Powell said: He expressed his satisfaction with the progress made in the area of inflation. But he stressed that he wanted to…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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Typhur Sync Quad Smart Wireless Meat Thermometer Review
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Accurate meat thermometers are vital to getting perfectly cooked meals. Today, we’re reviewing the Typhur Sync Quad Smart Wireless Meat Thermometer, A 4-Wireless meat thermometer It promises to elevate your cooking with its advanced features and user-friendly design. This review aims to provide a comprehensive evaluation of the Typhur Sync…
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Ascendis stock falls as FDA delays TransCon PTH review
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Grandparents Editorial/iStock via Getty Images Ascendis Pharma (ASND) announced Tuesday that the U.S. Food and Drug Administration (FDA) has postponed the timeline for completing its review of the company’s experimental hypoparathyroidism treatment, TransCon PTH. The Food and Drug Administration considered the information provided by the company Regarding the New Drug…
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Fuel prices drop by Sh1 in Epra May review
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Pump prices have fallen by Sh1 per liter in the latest review which will be in effect until the 14th of next month. The Energy and Petroleum Regulatory Authority (Epra) said on Tuesday evening that a liter of diesel fell to Sh179.18 from Sh180.38 while a liter of super petrol…
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Atos board reported to be meeting Sunday to review takeover bids By Reuters
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PARIS (Reuters) – The board of directors of French technology company Atos is scheduled to meet on Sunday evening to consider takeover offers, including one from Czech businessman Daniel Kretinsky, newspapers Les Echos and Le Figaro reported. Atos, which provides communications for the French army and is set to manage…