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BoJ hikes rates, yen pares gains
The Japanese yen gained as much as 0.8% earlier today but has failed to consolidate these gains. In the European session, USD/JPY is trading at 156.03, dwon 0.02% on the day. BoJ raises rates to highest since 2008 The Bank of Japan hiked its policy rate by 25 basis points earlier today, as expected.
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Flash: ECB preview – No new signals
When the ECB meets next week, the policy decision is essentially already guided, namely another 25bp cut which brings the policy rate to 2.75%. This is a unanimous expectation among analysts and markets. With the near-term uncertainties prevailing from the Trump administration as well as continuing
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Top Secrets of Gold Trading from JustMarkets analytics
Gold has long been a popular asset for traders, known for its high liquidity, strong correlation with economic factors, and role as a safe investment. However, over the past few years, gold has become a top asset due to the rise of geopolitical instability and macroeconomic crises. Gold trading is a
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China: Fourth quarter 2024 GDP surges to 5.4% YoY – ING
In other markets, China's fourth quarter 2024 GDP surged to 5.4% year-on-year, up from 4.6% YoY and marking the highest level of the year, and the fastest YoY growth of any quarter since 2Q23, ING's FX analyst Francesco Pesole notes. Fourth quarter growth level is a significant beat"This was also a
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USD/CHF Price Forecast: Needs to break above 0.9250 for fresh upside
USD/CHF recovers intraday losses as the outlook of the US Dollar remains firm. Investors await the US inflation data as it will influence the Fed’s interest rate outlook. The SNB is expected to cut interest rates further to fuel inflationary pressures. The USD/CHF pair recovers its intraday losses a
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10 Global Workforce Challenges Recruitment Agencies Offshore Solve
Global recruitment is not an easy task. As businesses expand worldwide, there are specific challenges in sourcing, hiring, and managing international talent. Offshore recruitment agencies play a vital role in overcoming these challenges and provide customized solutions that correspond to the global
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EUR/JPY drops to multi-day low, closer to mid-162.00s amid notable JPY strength
EUR/JPY attracts fresh sellers and extends this week’s rejection slide from the 200-day SMA. Strong wage growth data from Japan boosts the JPY and exerts some pressure on the cross. The ECB’s dovish bias continues to undermine the Euro and contributes to the ongoing slide. The EUR/JPY cross comes un
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Dollar Index (DXY) Forecasting the Rally After 3 Waves Pull Back
In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index DXY , published in members area of the website. As our members know, Dollar is still trading within the cycle from the September's low. Recently, we saw a 3-wave pullback, followed by a solid r
Pull-up Update