inflation Archives - Page 53 of 55

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Inflation is skyrocketing, People are furious.

by admin · November 15, 2021 ·

We didn't need to read this week's shocking inflation statistics to realize that prices are skyrocketing. During the epidemic, prices for ordinary things have risen dramatically. This is due to ...

Forex News for November 15, 2021

by admin · November 15, 2021 ·

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Industrial Production increased by 3.5 percent year over year, indicating a positive trend. 3.0% predicted, compared to 3.1% previously. China's property sector woes are unlikely to cause a large global shock. Steel ...

Summary of Last Week’s Trends in Forex Market.

by admin · November 13, 2021 ·

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Last week, the US dollar was stronger versus all major currencies. In both the EUR and the GBP, the dollar hit fresh highs for the year. On Friday, the EUR/USD hit ...

Turkish Lira sunk to record low against the US Dollar.

by admin · November 12, 2021 ·

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On Friday, the Turkish Lira fell to its third all-time low in many days. It was hovering near the critical threshold of 10 to the dollar. As a result there ...

Gold Prices Soar Amid Rise in USD

by admin · November 11, 2021 ·

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Gold prices rose overnight as traders absorbed the United States' considerably hotter-than-expected inflation data. The October consumer price index (CPI) showed the highest annual rate of inflation in more than ...

The GBP/USD appears fragile in the face of Brexit uncertainty.

by admin · November 10, 2021 ·

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The GBP/USD pair broke out of its intraday consolidative trading range. It plummeted to two-day lows in the 1.3520-15 zone. GBP/USD saw some selling on Wednesday. It was amid resurgent USD ...

RBA decision results in weekly lows for AUD/USD

by admin · November 2, 2021 ·

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AUD/USD plummeted to a weekly low of 0.7470 after the monetary policy decision by the Reserve Bank of Australia (RBA). RBA ends the 2024 April bond target of 0.1% and kept ...

Gold: Update for November 1st, 2021

by admin · November 1, 2021 ·

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Gold moved higher on the first trading day of the week after a significant fall in the last session on Friday. "Gold investors will be much more cautious being caught long ...

Financial Markets Update for October 29th, 2021

by admin · October 29, 2021 ·

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AUD rates were still in focus when the RBA yet again didn't defend its yield target. Economists at Citibank expect the AUD/USD to move back lower because the 0.7550 level ...

Financial Markets Update for October 28th, 2021

by admin · October 28, 2021 ·

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Financial markets have been slowing down for the first two days of this week as traders paused to receive monetary policy announcements from major banks around the world, including the ...