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Is the Biden administration trying to destroy the Dollar?
Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the death knell for the dollar and eventually the eu
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Tackling Small Business Challenges: Strategies for Success By Ashish Aggarwal
Starting a small business is usually a journey full of passion, ambition and goals of fulfilment. But the truth is that small commercial corporation proprietors frequently face many disturbing conditions and obstacles along the way. In this whole manual, we’ll find out how entrepreneurs like As
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Mexican Peso recovers slightly amid Banxico’s hawkish stance on interest rates
Mexican Peso regains ground, trading at 16.98 against the US Dollar following Banxico Deputy Governor's comments on maintaining high rates. Banxico Deputy Governor Jonathan Heath indicates possible "fine adjustments" to interest rates to combat persistent inflation. Fed Chair Jerome Powell hinting a
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ECB's Nagel: Price pressure in Eurozone could continue for some time
In an interview with WiWo on Wednesday, European Central Bank (ECB) policymaker and Bundesbank Chief Joachim Nagel said that price pressures in the Eurozone could continue for some time, per Reuters. "It's not completely clear if the inflation rate will reach 2% target next year and stay at this lev
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New Zealand Inflation Gains 0.6% On Quarter In Q1
Consumer prices in New Zealand were up a seasonally adjusted 0.6 percent on quarter in the first quarter of 2024, Statistics New Zealand said on Wednesday. That was in line with expectations and up from 0.5 percent in the three months prior. On a yearly basis, inflation rose 4.0 percent - above fore
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FTSE 100 deep in the red
The risk-off moves continue in stock markets, as investors await the Israeli response to Iran's attacks, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. Stocks remain deep in the red “It has been another tough day for global markets, and limited gains in the US are disappea
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Dollar Gains Against Major Counterparts On Strong Retail Sales Data
The U.S. dollar gained against its major counterparts on Monday, as data showed a bigger than expected increase in the nation's retail sales in the month of March. Data from the Commerce Department showed U.S. retail sales climbed by 0.7% in March after advancing by an upwardly revised 0.9% in Febru
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Pull-up Update
