Theresa
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Pound Rebounds On More-than-expected U.K. Inflation Data
The British pound rebounded from early lows against other major currencies in the European session on Wednesday, after data showed that the nation's Consumer Price Index for March grew more than what economists had expected, making it likely to push back market expectations of an early rate cut. Dat
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USD/CHF Price Analysis: Consolidates above 0.9100 near YTD highs
USD/CHF climbs 0.12% amid global risk aversion, boosting demand for the US Dollar. Breaking past the November 1, 2023, high of 0.9112 suggests potential for more gains, targeting the 0.9200 resistance. A fallback below 0.9100 could prompt a test of the major support trendline around 0.9040. The US D
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Fed’s Williams: Inflationvhas fallen across categories
Federal Reserve (Fed) Bank of New York President John William, a permanent voting member of the Federal Open Market Committee (FOMC), said on Tuesday that inflation has fallen across all categories over the last year and a half. Williams participated in a panel discussion at the Economic Club of New
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NZ dollar slips ahead of New Zealand inflation
The New Zealand dollar is down for a third straight day and has plunged 3.4% in less than a week. In the North American session, NZD/USD is trading at 0.5881, down 0.36%. New Zealand inflation expected to fall to 4.3% New Zealand’s inflation rate has been dropping and the trend is expected to contin
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How JRFX Webtrader Leads in Online CFD Platform Trading
JRFX webtrader leading cfd platform online trading. In the world of online trading, where precision, speed, and reliability are paramount, JRFX Webtrader emerges as a trailblazer in the realm of Contract for Difference (CFD) platform trading. Let's explore the key features and strengths that set JRF
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ECB's Kazimir: Can cut rates in June given persistent fall in inflation
European Central Bank policymaker Peter Kazimir said on Monday that the ECB can gradually relax restriction by lowering the key rates in June, given the persistent fall in inflation. Kazimir added that the ECB is not committed to any policy path beyond June, noting that they must maintain flexibilit
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European Shares Surge On Rate Cut Bets
European stocks rallied on Friday after a European Central Bank (ECB) poll of professional forecasters showed that inflation in the euro zone will fall to 2 percent in 2025 and stay there in the longer term, giving the clearest indication that the ECB could cut interest rates in June. In-line region
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The “hot” CPI print yesterday needs to be taken with a grain of salt
Outlook The “hot” CPI print yesterday needs to be taken with a grain of salt. With only a speck of sarcasm, Reuters notes that the month/month rise was 0.359%, then rounded up to 0.4%, when 0.3% had been forecast. “The rounded print would have been in line with expectations had the number come in le
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Philippine Trade Gap Narrows In February
The Philippine foreign trade deficit decreased in February from a year ago as exports grew more rapidly than imports, preliminary data from the Philippine Statistics Authority showed on Thursday. The trade deficit dropped to $3.65 billion in February from $3.88 billion in the same month last year. I
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USD/CHF gains traction above 0.9100 ahead of US PPI data
USD/CHF gains momentum near 0.9125 on Thursday. The headline US CPI rose 0.4% MoM in March, while the yearly CPI figure advanced 3.5% YoY, hotter than expected. The uncertainty and ongoing geopolitical tensions in the Middle East might lift the CHF and cap the pair’s upside. The USD/CHF pair trades
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