Noel
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Germany Jobless Rate Remains Unchanged At 5.9%
Germany's jobless rate remained unchanged as expected in March, data published by the Federal Labor Agency revealed on Thursday. The unemployment rate came in at 5.9 percent, the same as in February and also matched expectations. The number of people out of work increased by 4,000. The figure was fo
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Something must give
European stocks renewed record on Wednesday, the US dollar consolidated gains and the S&P500 stocks got a late-session boost. Yesterday’s price action pointed at a possible end-of-quarter portfolio rebalancing as the session saw the laggards of the quarter like Apple and Tesla gain, and the star
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Fed's Waller: No rush to cut rates amid sticky inflation data
Federal Reserve Governor Christopher Waller said on Wednesday that recent weak inflation data supports the case for Fed holding off on cutting its short-term interest rate target, per Reuters. Key quotes "There is no rush to cut the policy rate.” “Fed may need to maintain current rate target for lon
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Sweden Trade Surplus Grows In February
Sweden's foreign trade surplus increased in February from a year ago as exports rose amid a flat change in imports, figures from Statistics Sweden showed on Wednesday. The trade surplus rose to SEK 9.3 billion in February from SEK 7.7 billion in the corresponding month last year. In January, the sur
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USD/CHF Price Forecast: First breakout target met
USD/CHF rises up and achieves the first price target for range breakout. The pair is now pulling back and RSI is threatening to exit overbought increasing bearish pressure. USD/CHF is in a solid uptrend so should continue higher to next target after the correction. The USD/CHF is trading in the uppe
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Pull-up Update