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The UK Unemployment Rate rose to 4.4% in three months to November. The Claimant Count Change for Britain arrived at 0.7K in December. GBP/USD drops further toward 1.2250 after mixed UK employment data. The United Kingdom’s (UK) ILO Unemployment Rate edged higher to 4.4% in the three months to Novemb

The Australian dollar has edged lower on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong China numbers boost the Aussie? There was good news out of China on Friday, highlighted by GDP which was stronger than expected. The economy expanded

The ending diagonal is one of the five structures in Elliott Wave theory and plays a crucial role in identifying supply or demand weakness. For experienced traders, it can even be used to trade against the trend and achieve the best risk-reward ratios. For beginner traders, this structure is a start

A long-delayed ceasefire in the Gaza conflict started to take hold when Hamas released three female hostages in return for 90 Palestinians imprisoned in Israel, per Bloomberg. In return for the three Israeli hostages freed Hamas agreed to release 90 prisoners and detainees. All of them were expected

Partner Center Investors were biting their nails ahead of the highly-anticipated U.S. CPI release, leading to plenty of market consolidation before big breakouts were seen. Headline inflation came in line with consensus, but the core CPI showed moderating price pressures enough to keep most market p