Frederica
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Russia Central Bank Keeps Key Rate Unchanged
Russia's central bank left its key interest rates unchanged for the third consecutive meeting on Friday but cautioned about upside risks to inflation. The board of directors of the Bank of Russia, headed by Governor Elvira Nabiullina, decided to hold the key rate at 16.00 percent. As domestic demand
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USD/CAD depreciates to near 1.3650 due to higher crude prices, US PCE eyed
USD/CAD loses ground due to higher crude Oil prices on Friday. WTI Oil price appreciates due to geopolitical risks associated with a potential Israeli invasion of the Rafah city. The lower US labor data has offset concerns regarding the sluggish GDP (Q1). USD/CAD extends its losses for the second co
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GBP/JPY rallies to its highest level since August 2005 as traders look to BoJ on Friday
GBP/JPY attracts strong follow-through buying for the third successive day on Thursday. The lack of decisive action and the BoJ’s uncertain rate outlook weigh heavily on the JPY. A modest USD downtick benefits the GBP and also contributes to the positive momentum. The GBP/JPY cross gains strong posi
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Natural Gas holds near two-month high as more US sanctions on Iranian Oil sector loom
Natural Gas price hits a fresh two-month high. Gas prices soar as the US is set to broaden sanctions against Iran’s Oil sector. The US Dollar Index partially recovers from Tuesday’s decline, driven by a big miss on PMI numbers. Natural Gas (XNG/USD) holds onto recent gains on Wednesday after a two-d
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CAC 40 Edges Higher As Economy Stabilizes In April
French stocks rose slightly on Tuesday as the latest business activity data painted a mixed picture of the economy. While the dominant services sector expanded in April for the first time in almost a year, the manufacturing sector stayed put in decline due to a deceleration of activity. The composit
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Forex Today: Major pairs stabilize ahead of key PMI data
Here is what you need to know on Tuesday, April 23: Major currency pair fluctuate in relatively tight channels early Tuesday as investors await key data releases. S&P Global will publish preliminary April Manufacturing and Services PMI data for the Eurozone, the UK and the US later in the day. T
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Gold Price Forecast: XAU/USD holds below $2,400 on Fed hawkish comments, eyes on geopolitical risks
Gold price trades on a softer note near $2,385 on Monday. The hawkish shift in market sentiment could dampen demand for yellow metal. The rising conflict between Israel and Iran might lift the gold price. Gold Price (XAU/USD) attracts some sellers around $2,385 on Monday during the early Asian tradi
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Signal丨@V_FOREX Achieving a Remarkable 75% Profit Rate
𝙉𝙞𝙘𝙠𝙣𝙖𝙢𝙚: @V_FOREX Country: Vietnam 𝘽𝙧𝙤𝙠𝙚𝙧: #IC Markets Global# 𝘽𝙧𝙞𝙚𝙛 𝙘𝙤𝙢𝙢𝙚𝙣𝙩: On October 29th last year, there was a floating loss of 55.7%; on December 7th, a floating loss of 44.8%; and on December 30th, a floating loss of 37.3%. Is it reasonable to endure such losses re
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