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Forex
NZD slumps as Q2 GDP contracts more than expected – BBH
The New Zealand Dollar (NZD) underperformed after Q2 GDP contracted by -0.9% q/q, a far steeper decline than expected, fueling RBNZ rate cut bets ahead of the…
EUR/USD recovery stalls ahead of US Claims, manufacturing data
Euro recovery from 1.1780 stalls at 1.1750 ahead of the release of US Jobless Claims, Philly Fed Manufacturing dataThe Fed cut rates as expected and hinted at…
EUR up modestly vs. USD on mixed second-tier data – Scotiabank
The Euro (EUR) is entering Thursday’s NA session with a modest 0.2% gain against the US Dollar (USD) following a bullish reversal of its early European session…
Pound Sterling gives up some gains after BoE’s monetary policy outcome
The Pound Sterling surrenders some of its early gains after the monetary policy announcement by the BoE.The BoE held interest rates steady at 4%, with a 7-2…
US: Initial Jobless Claims dropped to 231K last week
Initial Jobless Claims fell to 231K the previous week.Continuing Jobless Claims dropped to 1.920M.According to a report from the US Department of Labour (DOL)…
Is SPDR S&P Semiconductor ETF (XSD) a strong ETF right now?
A smart beta exchange traded fund, the SPDR S&P Semiconductor ETF (XSD - Free Report) debuted on 01/31/2006, and offers broad exposure to the Technology…
Intel stock surges over 30% after Nvidia takes $5 billion stake
Intel stock rises above $32 for the first time in 15 months.Nvidia has agreed to take a $5 billion stake in Intel.Intel will use Nvidia's NVLink protocol for…
United Kingdom FX Today: Pound Sterling plunges, will Retail Sales change the situation?
Pound Sterling (GBP) is trading sharply lower against the US Dollar (USD), with the cable losing 0.4% on the day at 1.3567. The fall in GBP/USD is largely…
Japan FX Today: The Yen falls after the Fed meeting, traders waiting for the BoJ
The Japanese Yen (JPY) retreated further against the US Dollar (USD) on Thursday, with the USD/JPY pair gaining almost 0.5% on the day at 147.70, after briefly…
Japanese Yen under pressure as markets await BoJ decision and Japan CPI
USD/JPY extends gains for a second day as the US Dollar firms.The Fed cut rates by 25 bps, as widely expected, while signaling a gradual easing path.Focus now…