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The central bank brings back inflation to its 2% target
European Central Bank (ECB) policymaker and Governor of the Central Bank of Latvia Mārtiņš Kazāks said during the European trading session on Friday that there is no need to adjust…
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Japanese Yen struggles amid BoJ uncertainty; weaker USD caps USD/JPY
The Japanese Yen (JPY) struggles to attract any meaningful buyers and languishes near a nine-month trough, touched against its American counterpart the previous day. Japan's Prime…
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Disney stock plummets 8% on Weaker TV and movie revenue
It was a volatile day for Walt Disney (NYSE:DIS) stock, as shares were down some 8% on mixed fiscal fourth quarter earnings.It didn’t help much that stock markets were plunging on…
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Rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
GBP/USD slips near 1.3150 as UK government drops plans to raise tax rates
GBP/USD retraces its recent gains from the previous session, trading around 1.3150 during the Asian hours…
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Australian Dollar advances as China’s Retail Sales rises in October
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering losses registered in the previous session. The AUD/USD pair gains ground following the…