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Gold – 11.12.2024 – Orbex Forex Trading Blog
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BySilas WThe GBP/USD forecast remains subdued as UK PMI data signals slowing growth. Fiscal deterioration and rising gilt yields weigh heavily on Sterling sentiment. The Fed’s hawkish tilt offsets the recent rate cut, supporting the dollar against the GBP. The British pound came under renewed selling pressure on Tuesday after the UK PMI for September came…
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BySilas WDespite global economic instability and Donald Trump’s tariff policy, the EUR/USD and GBP/USD currency pairs are demonstrating upward momentum, reaching new yearly highs. Today, market participants are focused on the European Central Bank meeting, where significant statements regarding monetary policy are expected. Yesterday, Federal Reserve Chair Jerome Powell highlighted the impact of the tariff policy…
Markets Today: CME Glitch Halts Trading, German Retail Sales Fall, Ukraine-Russia in Focus, FTSE 100 Back Above 100-day MA
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ArrowMark Financial Corp. Announces Q1 2024 Results and Cash Distribution of $0.45 per Share for the Second Quarter 2024
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A Detailed Analysis of Recent Movements – Forex Market Analysis – ForexCycle.com
BySilas WThe EURUSD pair has recently exhibited significant volatility, with a notable bounce from the 1.0223 level, extending upwards to a high of 1.0436. This upward movement broke above the top of the falling price channel on the 4-hour chart, suggesting a potential shift in the trend dynamics. Understanding the Breakout The breakout above the falling…

