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Best Non Dealing Desk Forex Brokers with JRFX
In the world of Forex trading, the choice of broker can make a significant difference in your trading experience. For those seeking transparency, fair execution, and a trading environment free from conflicts of interest, non dealing desk (NDD) Forex brokers are the go-to option. In this article, we
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Gold Price Forecast: Even Fed hawkish comments do not seem to be affecting XAU/USD – Commerzbank
Gold is holding up well near the $2,200 mark. Economists at Commerzbank analyze the yellow metal’s outlook. The market seems to be underestimating the risk that rate cuts will come later and be less substantial Even hawkish comments from the Federal Reserve do not seem to be affecting the precious m
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European Shares Edge Higher Ahead Of Easter Break
European stocks were seeing modest gains on Thursday ahead of a long Easter holiday weekend. Major European markets will be shut for two days on Friday and Monday to celebrate Easter. In economic releases, German retail sales posted an unexpected decline in February. Data from Destatis revealed that
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Japanese Yen seems vulnerable; bears turn cautious amid intervention fears
The Japanese Yen continues with its struggle to gain any meaningful traction on Tuesday. Intervention fears lend some support, while the BoJ policy uncertainty acts as a headwind. Traders look forward to the BoJ core CPI for a fresh impetus ahead of the US macro data. The Japanese Yen (JPY) extends
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Fed dovishness does not hurt the Dollar
The Fed left its key interest rate unchanged, and the forecast for its reduction this year was unchanged, but it supported risk appetite in the global markets. After the announcement, the US dollar accelerated its decline, losing around 1% from peak to trough. All three major US stock indexes hit al
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DAX Climbs On Dovish Fed
German stocks traded higher on Thursday after a survey showed Germany's economic downturn eased slightly in March. Investors also reacted to dovish Fed remarks and awaited a policy meeting of the Bank of England (BOE) later in the day for further direction. The BOE is widely expected to keep its mai
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USD/CHF surges to near 0.8960 after SNB announced a 25 bps interest rate cut
USD/CHF gains ground on SNB’s decision to reduce interest rates by 25 bps on Thursday. The Swiss National Bank (SNB) has opted to reduce interest rates in response to significant declines in both inflation and growth over the past year. Fed projects a higher long-term policy rate through December, i
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Pull-up Update