DAX and FTSE Struggle Ahead of Fed Chair Powell’s Speech
The DAX 40 declines as energy prices rise. Continue to soar, as exporters' attitudes deteriorate. Early in European trading, the Dax rose before falling as the day went on. Thanks to a surge in the US session, the index posted…
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4 Global Market Updates- 26 August, 2022
In this article, we have covered the highlights of global market news about the GBP/USD, EUR/USD, XAU/USD and USD/TRY. GBP/USD: A break below 1.1730 is likely due to the USD's strength, according to ING. GBP/USD has changed course from Thursday when…
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How Do Central Banks Affect The Forex Market?
CENTRAL BANKS' ROLE IN THE FOREX MARKET In order to promote long-term economic development and contribute to the general stability of the financial system, central banks are primarily responsible for managing inflation. When required, central banks will act in the…
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USD/CHF Pares Weekly Gains Beyond 0.9600 Before Jackson Hole.
The US dollar is weakening ahead of the significant data or event, which has led to the USD/CHF pair posting its worst daily loss in two weeks. The cautious optimism is supported by stimulus from China and the anticipation that…
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4 Global Market Updates- 25 August, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD USD/CAD and EUR/HUF. EUR/USD Price Analysis: Breaks through bearish channel to highlight 1.0100 barrier In defiance of the eight-day-old negative trend, the EUR/USD price rose…
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