GBP/USD hovers around 1.1000 despite weak UK GDP, BOE bond-buying, and Fed Minutes.
Due to worse UK figures, GBP/USD finds it difficult to maintain its first daily advances in six days at a two-week low. UK GDP shrank by 0.3% in August, while IP/MP decreased in the previous month. The Cable pair is…
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4 Global Market Updates- 12 October, 2022
In this article, we have covered the highlights of global market news about the AUD/USD, USD/CHF, USD/CAD and NZD/USD. AUD/USD gets new demand below 0.6250 as US Inflation buzzes. After feeling some buying activity around about 0.6240, the AUD/USD pair has firmly held its negative…
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How to Accept Losses Like a Winner?
Nobody enjoys losing, but success requires the ability to accept a loss. Just speak with a few of the most successful hedge fund managers in history. It isn't about being correct, George Soros once remarked; it's about how much money…
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The EUR/USD Crosses 0.9700 and Smiles Again.
Around the 0.9700 region, the EUR/USD fluctuates between gains and losses. On Tuesday, the dollar seemed modestly bid over the 113.00 barrier. Italian Industrial Production is the next item on the agenda, in ECB-speak. In the 0.9670 area, the EUR/USD pair seems…
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4 Global Market Updates- 11 October, 2022
In this article, we have covered the highlights of global market news about the USD/CAD, AUD/USD, EUR/JPY and NZD/USD. USD/CAD eases off a two-year high and remains firmly above the 1.3800 level. On Tuesday, several events cause the USD/CAD to reach its highest level…
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