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Markets
Bulls are still here, but more upside after the current corrective pullback [Video]
The S&P 500 turned back into a bullish mode at the end of November and moved very close to the previous all time highs, but notice that the market still failed to make a clean…
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Pound Sterling outperforms despite UK Retail Sales drop again
The Pound Sterling (GBP) trades higher against its major peers in Friday's European session despite data from the United Kingdom (UK) showing that Retail Sales unexpectedly…
How Friedrich Merz’s EU summit plan on frozen Russian assets backfired
There was no plan B, they said. Until there had to be one.At a little after 9pm on Thursday, the EU’s 27 leaders were presented with an updated version of a proposal, championed by…
Outlook for growth and inflation remains highly uncertain
European Central Bank (ECB) policymaker and Finnish central bank governor Olli Rehn said during European trading hours that the outlook for the Eurozone’s growth and inflation…
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USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome
The USD/JPY is up 0.85% to near 156.90 during the European trading session on Friday. The pair surges as the Japanese Yen (JPY) underperforms across the board, following the Bank…
US Dollar Index extends gains above 98.50 ahead of UoM Survey data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive session and trading around…
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Remains broadly sideways below 1.3800
The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by…