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US Concerned Over Venezuelan Opposition Being Blocked From Presidential Election
The United States has expressed deep concern over the Venezuelan National Electoral Council's decision to prevent democratic opposition parties from registering successive candidates for the upcoming presidential election. U.S. Department of State Spokesperson Matthew Miller alleged in a statement t
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USD/JPY: Another leg higher needed for actual FX intervention to be deployed – ING
The most notable moves in G10 since the start of the week have been the further sell-off in G10 low-yielders: Swiss Franc (CHF) and Japanese Yen (JPY). Economists at ING analyze CHF and JPY outlook. Japanese authorities look at the rate of change more than levels CHF has been a bigger underperformer
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EUR/GBP Price Analysis: Completion of possible Double Bottom pattern
EUR/GBP may have completed a bullish Double Bottom reversal pattern. A rebreak of the March 22 highs would provide confirmation of further substantial upside. MACD is converging bearishly – a break below to 50-day SMA would invalidate. EUR/GBP has formed a possible Double Bottom reversal pattern at
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Wall Street Targets To Open Positive Despite Geopolitical Tension
Trading on Tuesday may be impacted by geopolitical developments and the latest U.S. economic data. Durable Goods Orders and Consumer Confidence data might of interest to investors. The Middle East tensions and Russia boosting crude oil prices might result in inflation concerns. Early signs from the
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GBP/USD bounces off 200-day SMA [Video]
GBP/USD finds support at uptrend line. But short-term outlook remains neutral. MACD and RSI are mixed. GBP/USD rebounded off the 200-day simple moving average (SMA), which coincides with the 1.2595 support level and the medium-term ascending trend line. The market has still been developing within a
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JRFX: How to start forex trading UK?
How to Start Forex Trading UK? Are you ready to venture into the world of forex trading in the UK? Understanding the basics and having the right tools is crucial for success. Here's a comprehensive guide on how to get started with forex trading in the UK, along with exclusive offers from JRFX to enh
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Chinese and Japanese officials indeed started an offensive to prevent further currency losses
Markets The path of least resistance on yields markets on Friday still was south. Investors after Wednesday’s Fed meeting/press conference clearly saw the glass half empty, rather than half full. The dots suggested otherwise with both growth and inflation forecasts upwardly revised. However, markets
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Will Biden be able to stop the Oil boom?
Russia's problems are the main factor driving oil prices higher. The many attacks on key oil infrastructure are affecting the exports of the Russian Federation. Despite the sanctions, Russia remains the world's main exporter of oil, either directly or through intermediary countries. On the other han
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Pull-up Update