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FX Daily: When the second decimal place counts
There will be quite a lot of attention on today’s first quarter US core GDP price deflator and what it means for tomorrow’s release of the March core PCE figure. Analysts will be looking at the second decimal point on today’s release to infer whether tomorrow’s number is on consensus at 0.3%, 0.4% o
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Saraf Furniture: Your One-Stop Shop for High-Quality, Stylish Furniture | Saraf Furniture Reviews
Consider factors such as wear and tear, fading upholstery, or perhaps even structural damage. Saraf Furniture Reviews often celebrate the longevity of their pieces, a testament to their enduring quality. In this regard, Saraf Furniture, with its unwavering commitment to elegance, understands the sen
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Mainstream fund managers jumping on the Gold bandwagon
Big money managers are starting to jump on the gold bandwagon as inflation worries grow. Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields. Geopolitical tensions have supported safe-haven buying but it appears a new player is entering th
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Canadian dollar gets spanked, BoC holds rates
The Canadian dollar is almost unchanged on Thursday, after sliding 0.8% a day earlier. In the European session, USD/CAD is trading at 1.3569, up 0.04%. BoC holds interest rates There were no surprises from the Bank of Canada, which maintained the cash rate at 5%. This marked a sixth straight pause a
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US UoM Consumer Confidence Index declines to 77.9 in April vs. 79 expected
Consumer confidence in the US weakened in early April. UoM survey showed one-year and five-year inflation expectations edged higher. Consumer confidence in the US weakened in early April, with the University of Michigan's Consumer Sentiment Index edging lower to 77.9 from 79.4 in March. This reading
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Pull-up Update