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Markets
EUR/USD weakens as strong US PMI contrasts with softer Eurozone data
The Euro (EUR) remains under pressure against the US Dollar (USD) on Friday, even as the Greenback trades broadly flat, with traders weighing fresh US economic data and rising bets…
EUR/USD pressured as USD gains traction on uneven data and Fed divide
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal…
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Dow Jones rebounds on hopeful Friday
The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week. Key Federal Reserve (Fed)…
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Momentum eases but trend structure stays firmly bullish
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY snapping a four-day winning streak after fresh verbal intervention warnings from Tokyo…
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Gold rallies past $4,100 as dovish Fed sparks December cut frenzy
Gold (XAU/USD) remains steady during the North American session on Friday as a Federal Reserve (Fed) officials opened the door for a cut at the December meeting. At the time of…
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WTI Oil drops to one-month lows on Ukraine talks, supply outlook
West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day. The Crude Oil extends its three-day losing streak, slipping below…