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Forex
Trump Media & Technology Group Stock News: DJT sinks despite perceived win in Biden debate
Trump Media stock sinks 7% on Friday.
Donald Trump appears to have won the CNN debate with President Biden on Thursday.
Trump carries a slight lead in the…
Pound Sterling Price News and Forecast: GBP/USD posts weekly losses, directionless beneath 1.2650
GBP/USD Price Analysis: Posts weekly losses, directionless beneath 1.2650
The GPB/USD is subdued during the North American session on Friday following a…
US Dollar gains cleared out post PCE data
US Dollar saw a slight dip at the end of the week, clearing daily gains.
US Dollar finds support amid high US Treasury yields.
May’s PCE data showed an…
Canadian Dollar gains ground after Canadian GDP steps higher
Canadian Dollar bolstered by rising market sentiment.
Canada posted a 0.3% uptick in GDP, propping up CAD.
US PCE inflation also ticked lower, further…
EUR/USD steadies as US core PCE Inflation declines expectedly
EUR/USD edges higher near 1.0700 ahead of US core PCE Inflation data for May.
The US Dollar drops on firm Fed rate-cut prospects.
The near-term outlook of…
USD/CAD even after release of Canadian GDP and US PCE data
USD/CAD trades flat at around 1.3700 after a big data day for the pair.
Canadian GDP showed a 0.3% rise in April suggesting a strong economy.
US PCE…
EUR: Downside comes on the back of the elections – MUFG
After initially dropping by two big figures in the six trading days following the announcement of snap elections in France, EUR/USD has stabilised since around…
US Dollar sideways with PCE revealing no surprises
The US Dollar has Trump and Suzuki to thank for its early recovery on Friday.
PCE fully falls in line of expectations.
The US Dollar index hovers around…
Gold vulnerable to volatility after PCE inflation data
Gold is likely to witness increased volatility after the US PCE inflation data release on Friday.
A lower PCE reading would support the yellow metal as it…
GBP: Modest upward revisions to first quarter GDP – ING
GBP/USD is edging higher today – helped in part by an upward revision to the first quarter GDP data, Global Head of Markets at ING Chris Turner notes.…