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European Markets Decline Following Central Bank Decisions
LONDON — European markets experienced a downturn on Friday as investors evaluated a series of central bank rate decisions from the week and their...
Bank Stocks Rise on Fed Rate-Cut Rally
U.S. bank stocks saw a significant boost Thursday following the Federal Reserve's substantial rate cut, with investors optimistic about the potential benefits for both...
GBPJPY Activates Bullish Correction – Forecast for September 19, 2024
The GBPJPY pair has confirmed a shift to a bullish correctional trend by surpassing the 187.15 level. This movement has led to a strong...
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EURUSD Price Forecast Update – September 19, 2024
The EURUSD price is showing strong positive momentum, having surpassed the $1.1100 level. This movement supports the...
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GBPUSD Forecast Update – September 19, 2024
The GBPUSD price has demonstrated further positive movement, reaching the $1.3265 level. A breach of this level...
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AUDUSD Price Forecast Update – September 19, 2024
The AUDUSD price has surged past the $0.6800 barrier, confirming the continuation of the bullish trend. This...
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South Korea’s economy heavily reliant on exports, won tumbles against dollar
jack wei -
On Wednesday (August 24), the US dollar was quoted at 1342.1000 against the KRW, an increase of 0.25%. The KRW fell to 1345.80 against...
SEC treats cryptocurrencies like any other capital market
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Securities laws that protect investors continue to apply even as new technologies emerge. What do carmakers have to do with crypto lending platforms? Whether it's...
Commerzbank: Eurozone PMI not enough to reverse the downward trend of the euro
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The better-than-expected euro zone PMI and lower-than-expected U.S. PMI data are not reasons to be optimistic about EURUSD, Commerzbank currency analyst Antje Praefcke said...
What is the benchmark interest rate of Iceland’s central bank in 2022
jack wei -
On August 24, Iceland’s central bank raised its benchmark interest rate from 4.75% to 5.50%. The Icelandic krona is the official currency of Iceland. Its...
MUFG: Weak U.S. economic data unlikely to change dollar’s trend
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The us dollar index hit a high of 109.27 yesterday, close to the year's high of 109.29, but weak U.S. housing data and U.S....
Credit Suisse: USD/TRY on track to break 19.00 by end of quarter
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Credit Suisse economists now expect a relatively orderly rally in USD/TRY in the coming weeks, targeting the pair at 19.00 by the end of...
Even ECB rate hikes won’t stop the euro from plunging
jack wei -
On August 24, the euro was hovering below parity against the dollar after its recent slump, and even a sharp interest rate hike by...
U.S. crude oil and Brent crude oil rose by $0.6 in the short-term
jack wei -
U.S. crude oil and Brent crude oil rose by $0.6 in the short term, and are now reported at $94.38/barrel and $100.84/barrel, respectively. Reminder: For...
What is the US Dollar Index today (August 24, 2022)
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reelfinancial.com provides today’s us dollar index quotes (August 24, 2022): category Latest price opening price yesterday’s closing price us dollar index 108.75 108.53 108.54 For more latest inquiries and daily updates of the US dollar...
Euro, yen weaken, dollar index rises
jack wei -
On Wednesday (August 24), EURUSD opened at 1.1766 and temporarily reported at 0.9945. The dollar index temporarily reported 108.73. USD/JPY temporarily reported 136.94. There...
Production cuts may coincide with the return of Iranian oil to the market
jack wei -
On August 24, Brent crude oil futures rose 3.19%. Nine OPEC sources said that the OPEC+ production cuts considered by Saudi Arabia this week...
Work stoppages tighten markets further, European gas continues to surge
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On August 24, the gas market was further tightened by prolonged shutdowns of plants in the United States and Norway, exacerbating a rise in...