Augustus
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Euro Advances On Robust German PMI Data
The euro strengthened against most major currencies in the European session on Tuesday, after data showed that Germany's private sector expanded for the first time in ten months in April driven by a solid rise in services activity. Data from S&P Global showed that the flash composite output inde
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BoJ: Japan's Inflation trend gauge rises at slowest pace in 11 months in March
Japan's Weighted Median Inflation Index, a key measure of the country’s trend inflation, rose at its slowest pace in 11 months to 1.3% in March, the latest data published by the Bank of Japan (BoJ) showed on Tuesday. The rise in the weighted median inflation rate followed a 1.4% increase in February
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Market Focus Back On Corporate Earnings
Market spotlight is back on corporate earnings as concerns about the geopolitical tensions abated. Lingering worries about the Fed's rate cut trajectory also weighed, ahead of crucial data releases during the week including PCE-based inflation readings from the U.S. Wall Street Futures are trading h
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Corporate earnings are still pouring out
Corporate earnings are still pouring out. One name we wonder about--Intuitive Surgical. Rejoicing in our new titanium hip, we admire our human surgeon. So what on earth can “intuitive” surgery be? Markets are unusually messy right now and even downright contradictory. You’d think the fear factor wou
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NZD/USD Price Analysis: Downward trend likely to continue despite indicators recovering
The RSI on the daily chart lies deep in negative terrain but recovered. The hourly RSI paints a growing buying momentum, trending the positive territory. The MACD on both charts signals a less intense selling momentum. The NZD/USD stands recovered to 0.5919, it seeing 0.60% gains. The dominant senti
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US Dollar rally is taking a breather – BBH
Analysts at BBH share their near-term outlook for the US Dollar Index (DXY). Chair Powell and other Fed officials have taken a more hawkish turn "The dollar rally is taking a breather. DXY is trading lower for the first time since last Monday near 106.165 after making a new cycle yesterday near 106.
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Pull-up Update