Eisenhower
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GBP/USD remains on the defensive near 1.2350, investors await UK, US PMI data
GBP/USD extends its downside around 1.2350 in Tuesday’s early Asian session. Several Fed officials emphasized the US central bank is not in a hurry on interest rate cuts. Investors continue to price in the BoE will cut the interest rate earlier than the US Fed. The GBP/USD pair remains on the defens
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USD/INR recovers its recent losses, geopolitical risks eyed
Indian Rupee kicks off the new week on a positive note on Monday. The speculation that the Fed will delay the interest rate cuts and the rising Middle East tension boosted the Greenback. Indian HSBC PMI data for April will be due on Tuesday. Indian Rupee (INR) snaps the three-day winning streak on M
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GBP/JPY Price Analysis: Stalls in narrow range above the 192.00 threshold
GBP/JPY slightly rises, within a 191.90/192.80 trading range. Positioned above the Ichimoku Cloud, technical indicators favor a bullish outlook, though signs of consolidation are evident. A breakout above 192.80 could lead to testing resistance at 193.00 and potentially reaching the year-to-date hig
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ASML miss raises worries about the the AI rally [Video]
The big story of yesterday was the disappointing results from the biggest European company, ASML, where sales missed estimates and new orders slumped by 60% compared to a quarter earlier. The results raised questions regarding the sustainability of demand from chipmakers and the AI rally. The S&
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IMF releases new world economic outlook
On the radar Polls prove correct – HDZ is the relative winner securing 61 seats in the 151-seat parliament. Right-side Homeland Movement looking like the natural coalition candidate, after winning 14MP’s. Today, current account data will be published in Slovakia (10.30 AM CET) and later in Serbia. T
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Pull-up Update