Dollar edges higher ahead of key inflation release; euro slips

The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session. In the US, second-estimate GDP grew 1.3% in the first quarter, below the first-estimate of 1.6% and much weaker than the…

Tony Blair has accused Keir Starmer, Andy Burnham and Wes Streeting of putting Labour’s future at risk by abandoning the centre ground, warning that the party’s “almost infinite capacity for self-delusion” means it is likely to lose the next election. In a scathing 5,700-word attack on the prime minister and his would-be successors published on…

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According to the Nvidia (NVDA) stock chart, yesterday’s closing price was just below $117, compared to just over $108 the day before. The positive momentum was largely driven by the stock market’s reaction to inflation news, as mentioned earlier. For Nvidia investors, this is a clear sign that the stock is regaining its leadership position,…

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