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Eurozone Industrial Production arrives at 0% MoM in October vs. -0.1% expected
Eurozone’s industrial sector activity showed no growth in October, the latest data published by Eurostat showed on Friday. Industrial output in the old continent came in 0% MoM, compared to the expected decrease of 0.1% and a -1.5% recorded in September. Eurozone Industrial Production fell at an ann
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Profit by Following
777.69
USD
- Symbol XAU/USD
- Trading Account #1 8081309
- Broker Windsor Brokers
- Open/Close price 2,636.1/2,676.33
- Volume Buy 0.1 Flots
- Profit 402.30 USD
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Markets listless ahead of tonight’s US Nov CPI
General trend - Japan’s Nov PPI y/y was the highest since Jun 2023. JPY/USD traced back a small portion of losses suffered since the week began, with 10-yr yields +1bps. BOJ decision next week, with some analysts considering a January hike may be on the cards, instead of December. - Ahead of Friday’
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AUD/USD flips back to recent lows after RBA’s decision
AUDUSD gives up gains after RBA’s inflation comments. Trend signals remain negative, support is nearby at 0.6380. AUDUSD erased Monday’s rebound following the Reserve Bank of Australia’s (RBA) well anticipated decision to keep interest rates unchanged at 4.35%. The central bank’s comments on easing
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AUD/USD: Current price movements are likely part of a consolidation phase – UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6400 and 0.6480. In the longer run, current price movements are likely part of a consolidation phase, expected to be in a range of 0.6375/0.6500, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. AUD/USD expected to be in a r
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Forex and Cryptocurrency Forecast for December 09 – 13, 2024
The past week exhibited varying trends across major markets. The euro managed to hold its ground against the dollar, albeit within a persistent long-term descending channel. Gold and bitcoin extended their upward momentum, supported by strong technical indicators. Looking ahead, the EUR/USD pair app
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Daily Broad Market Recap – December 3, 2024
Partner Center Financial markets showed mixed reactions to labor market data and central bank commentary while also positioning ahead of key economic events. Were risk assets able to maintain their upward momentum despite geopolitical concerns? Let’s check out the latest updates! Headlines: New Zeal
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USD/INR holds steady as traders await Indian Services PMI release
The Indian Rupee steadies in Wednesday’s Asian session. India's disappointing GDP data, foreign fund outflows and strengthening of the USD weigh on the INR. The HSBC India Services PMI is due later on Wednesday, ahead of Fed Chair Powell’s speech. The Indian Rupee (INR) trades on a flat note on Wedn
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