4 Global Market Updates- 1 December, 2022
In this article, we have covered the highlights of global market news about the USD/JPY, NZD/USD, EUR/USD and GBP/USD. USD/JPY has recovered from its lowest level since August, although upward potential seems limited. The USD/JPY pair makes a minor recovery from the lows it reached…
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Employment: The Primary Engine of Economic Growth and Prosperity
EMPLOYMENT: WHAT IS IT? It is a major economic engine and a vital indicator of economic expansion. According to the International Labor Organization, "people of working age who are without work, available for work, and actively seeking job" are considered…
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EUR/USD jumps to daily highs of 1.0380, Powell says
EUR/USD overcomes recent dip and aims towards 1.0400. Prior to data and Powell of the Fed, the dollar seems to be offered. November is expected to witness a 10% YoY increase in the EMU Flash Inflation Rate. On Wednesday, the…
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4 Global Market Updates- 30 November, 2022
In this article, we have covered the highlights of global market news about the USD/CAD, EUR/USD, GBP/USD and USD/JPY. USD/CAD is still on the defensive around the mid-1.3500s, but the fall seems limited. On Wednesday, the USD/CAD pair experienced some selling pressure and fell from…
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AUD/USD advances at 0.6700 on USD weakening
AUD/USD gains momentum on Tuesday as new USD selling materializes. The Dollar is affected by bets on less aggressive Fed rate rises and a rebound in risk sentiment. The COVID-19 problems in China should stop the positive developments and hinder…
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