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Forex
Dow Jones Industrial Average backslides after strong start to the week
The Dow Jones slipped back below 43,000 on Tuesday.
Markets are softer on Tuesday after ripping into new records this week.
Weak points in tech sector are…
China imported more Copper and large quantities of Copper ore again in September – Commerzbank
China imported 479,000 tons of unwrought Copper and Copper products in September, according to the General Administration of Customs on Monday, Commerzbank’s…
EUR/GBP Price Analysis: Bearish Momentum grows as cross slides further below 20-day SMA
EUR/GBP saw further losses and landed at 0.8330.
Indicators continue to weaken with the RSI deep in negative terrain.
As long as the cross holds below the…
Fed’s Daly: One or two more rate cuts this year if forecasts met
Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted on Tuesday that although the Fed has made significant progress on tamping down inflation…
Gold price benefits from geopolitical risks – Commerzbank
The Gold price rose to $2,667 per troy ounce yesterday, coming within less than $20 of its all-time high reached at the end of September, Commerzbank’s FX…
US Dollar eases after NY Manufacturing data contracts against all odds
The US Dollar rally hits a curb and has difficulties passing through several important levels against most major G10 currencies.
Markets are gearing of for…
UnitedHealth Group stock gets slammed as health costs soar
UnitedHealth stock reels from medical cost ratio above 85% in Q3.
2025 outlook fails to live up to Wall Street expectations.
Health insurer and care…
Breaking: BoC core CPI ticked higher in September
A report from Statistics Canada, released on Tuesday, showed that annual inflation in Canada, as measured by the headline Consumer Price Index (CPI), rose by…
GBP finds bargain hunters on weakness to near 1.30
The Pound Sterling (GBP) continues to draw firm support on softness through the low 1.30s and has rebounded quite firmly from the intraday low again today,…
GBP/USD rebounds after strong UK labor market report
GBP/USD rebounds in the 1.3000s after strong UK employment data supports the Pound.
The pair recovers earlier losses from a stronger US Dollar as markets…