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GBP/USD drops after mixed UK retail sales, risk aversion
GBP/USD falls 0.48% to 1.2376, influenced by rising geopolitical risks and statements from major central banks. Bank of England's Deputy Governor comments on inflation risks fail to support Sterling as it hits new lows. Mixed economic data from the UK with stagnant retail sales in March, contrasting
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Mexican Peso struggles amid geopolitical tensions despite recording solid Retail Sales
Mexican Peso dips to six-month low, reacting sharply to the geopolitical conflict between Israel and Iran. Retail Sales in Mexico show improvement, offering some support and reducing losses in USD/MXN from earlier peaks. Banxico Deputy Governor Galia Borja comments on the ongoing challenge to reach
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DAX Edges Lower On Mideast Escalation Fears
German stocks traded notably lower on Friday as investors reacted to hawkish comments from Federal Reserve officials and signs of escalating tensions in the Middle East, with Iran downplaying Israel's retaliatory attack. In economic releases, Germany's producer prices continued to decline in March,
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Elliott Waves on Dax: Drop looks overlaping, price may stabilze
DAX moved to the downside, breaking out of a consolidation, potentially down from another B wave, which might have been triangle around the 17,800 area. This movement could represent the final thrust out of this contracting range, indicating that there might still be potential for stabilization. We
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Oil, safe haven assets jump as Israel responds to Iran [Video]
Oil and gold jumped on rising geopolitical tensions after Israel struck targets in western Iran as a response to last weekend’s attacks. Brent crude traded above the $90pb before easing, US crude shortly trade past the $86pb level, wheat futures jumped 2%, gold rebounded to a near-record level and S
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Australian Dollar shrugs off soft job numbers
The Australian dollar is steady on Thursday. In the European session, AUD/USD is trading at 0.6442, up 0.12%. Australia’s employment declines Australia’s job growth hit the breaks in March and fell by 6,600. This missed the market estimate of a gain of 7,700 and follows a blowout gain of 116,500 in
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European Shares Gain On Hopes Of ECB Rate Cut
European stocks eked out modest gains on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June. Talking about the June meeting, I think the probability is increasing that we will see a rate cut in June but there are still some caveats," the chief of Germany's Bu
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SuperVerse $SUPER New Investment Opportunity
SuperVerse $SUPER is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality, and onboard Web2 users through immersive blockchain gaming experiences. In today's article, we'll take a look at the recent daily bullish setup that took place and
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Pull-up Update