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Stocks to watch after December’s CPI report: CARS, CVNA, TSN
December’s CPI report showed inflation is stable but not necessarily improving in the way markets and the Federal Reserve may prefer. Still, when excluding the volatile categories…
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GBP/USD remains under pressure as the US Dollar strengthens
When are the UK data releases and how could they affect GBP/USD?The United Kingdom (UK) docket has the Gross Domestic Product (GDP) and Industrial Production data for November to…
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Gold price in Saudi Arabia: Rates on January 15
Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet.The price for Gold stood at 554.26 Saudi Riyals (SAR) per gram, down compared with the SAR…
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Takaichi’s trade caps Yen’s upside
The USD/JPY pair trades in a tight range around 158.50 during the Asian trading session on Thursday. The pair consolidates as the upbeat US Dollar (USD) has offset the decent…
XAG/USD corrects to near $86.50 as Iran stops killing protesters
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday. The white metal retraced from its all-time high of $93.51 posted on Wednesday after…
USD/CAD steadies near 1.3900 as strong US data supports Fed pause
USD/CAD remains in the positive territory for the third successive session, trading around 1.3890 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD)…