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Canadian Dollar gives back recent gains, Canada Retail Sales disappoint
Canadian Dollar recedes across the board on Wednesday. Canada Retail Sales broadly miss the mark, hurting Loonie. US GDP, PCE inflation to dominate the latter half of the trading week. The Canadian Dollar (CAD) is broadly softer on Wednesday, paring back recent gains and falling back against all of
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Euro gains against the Dollar amid mixed economic signals
The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market. In the US, newly published statistics provide fodder for
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USD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US data
USD/CAD rebounds from a two-week low and draws support from a combination of factors. Weaker Oil prices undermine the Loonie and act as a tailwind amid renewed USD buying. Traders look forward to important US macro releases before placing fresh directional bets. The USD/CAD pair attracts some buyers
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Indonesia Bourse May Extend Tuesday's Gains
The Indonesia stock market on Tuesday snapped the two-day slide in which it had dropped more than 90 points or 1.2 percent. The Jakarta Composite Index now sits just above the 7,110-point plateau and it's tipped to open in the green again on Wednesday. The global forecast for the Asian markets is up
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WTI back over $83 as Crude Oil sees additional volatility
Crude Oil gets pulled in both directions on Tuesday. A misfire in US PMIs spark fresh rate cut hopes. Risk assets get pumped higher as markets celebrate softening US economy. West Texas Intermediate (WTI) US Crude Oil started Tuesday on the low side, falling below $81.00 per barrel before a broad-ma
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SPX 500: How low can the correction go?
The S&P 500 has recorded three consecutive weekly losses since its recent all-time high level of 5,265 printed on 28 March 2024. Last week’s decline of -3.05% was its worst weekly performance since early March 2023. A clear break below its upward-sloping 50-day moving average put its medium-term
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Americans throw away millions of U.S. coins because american money is junk
Americans throw away millions of dollars in coins every year. That's because American money is junk. But that wasn’t always the case. In an article published by the Wall Street Journal, Reworld, a Pennsylvania waste management facility, claimed that Americans toss about $68 million worth of coins ev
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Building a Personal Brand as a Young Entrepreneur: Saraf Furniture a national brand
Your personal brand becomes the rock-solid foundation upon which your entrepreneurial journey is built. Saraf Furniture was one of the first few furniture retailers to enter the organised sector through mobile applications. To keep up with the market, Raghunandan didn’t stop at the quality aspect bu
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XAU/USD 18 April 2024 Intraday Analysis
#XAU/USD# H4 Analysis: -> Swing: Bullish. -> Internal: Bullish. Price remains contained within an internal range where we saw a reaction from H4 supply with price unable to close below strong internal low. Price reacted at H4 supply and subsequently reacted at H4 demand. Price is
Pull-up Update