Lesley
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Currencies and metals rally late last week
Currencies & metals rally late last week. Jobless claims jump higher! Good Day... And a Marvelous Monday to you! Well, for the moms out there, did you enjoy your Mother's Day? You know, I've told you this before, but I adored my mom, and while I think of her throughout the year, I especially rem
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XAUUSD
XAUUSD (spot gold) manual strategy Monday, May 13, 2024 Today's Key Financial Data and Events: None Main direction: Strong volatility Current price: 2358 Short line resistance above: 2380-2395 Short line support below: 2350-2320 Analysis and strategy: After the early hours of Friday, gold prices ros
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Consumer sentiment tumbles as inflation fears surge, closely watched survey shows
Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday. The University of Michigan Survey of Consumers sentiment index for May posted an initial reading of 67.4 for May, down from 77.2 in April
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Malaysia Bourse: Strong Support At 1,600 Points
The Malaysia stock market has moved lower in back-to-back sessions, slipping almost 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Friday. The global forecast is upbeat on an improving outlook fo
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شركة تنظيف موكيت بالبخار بالرياض
بهندسة دقيقة وخبرة متخصصة، تعدّ شركات تنظيف السجاد بالبخار في الرياض جزءًا لا يتجزأ من مشهد الخدمات المنزلية في المنطقة. توفر هذه الخدمات للعملاء ليس فقط نظافة عميقة للسجاد، بل وأيضًا بيئة صحية ومنزلية نظيفة ومريحة. إنها الخيار الأمثل لأولئك الذين يسعون لإعادة الحيوية والنضارة لسجاد منازلهم في العاص
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European policy shift continues with Riksbank easing – BoE decision looms
Notes/observations - Sweden Central Bank (Riksbank) starts easing for first time since 2016, amid inflation approaching target and weaker economic activity; Sees two more cuts in H2 of 2024. Swedish Krona is weaker on guidance of further cuts; Bank of England (BOE) decision tomorrow, widely expected
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US Dollar scores mild gains in quiet Tuesday
There won’t be any high-level US reports due this week. Fed officials aren’t providing any new insights on the bank’s next movements. The next highlight will be next Wednesday when the US releases April’s CPI figures. The US Dollar Index (DXY) is trading at 105, registering mild gains. Market dynami
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USD/JPY rises to near 154.00 amid improved US Dollar
USD/JPY gained ground due to an upward correction in the Greenback The US Dollar could face challenges due to rekindled hopes for rate cuts by the Fed in 2024. The safe-haven Japanese Yen depreciates amid the prevailing risk appetite. USD/JPY extends gains for the second successive session, trading
Pull-up Update