CySEC
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GBP/USD leading the way down, 1.2300 viable [Video]
In the latest TradeGATEHub Live Trading session, GBPUSD leads the decline, with 1.23 remaining a viable level. Coach discusses the drop in cable following the ECB decision and provides insights on yields and USDJPY. He also examines the continued selloff in gold and silver, highlighting $27.50 as a
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OREX: China stimulus – Another false dawn or the real deal?
While I typically harbour skepticism toward China's grand stimulus declarations, the price action in FX markets speaks volumes. The uplift in Asian FX might seem promising, espeically the CNH, but I see these shifts as optimal moments to hedge against Trump's looming tariff threats. All this stimulu
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Asia wrap: Asia equites stumbled out of the gates
Asian equities stumbled out of the gats as China's November inflation readings failed to perk up despite a cascade of stimulus efforts, signalling a persistent chill in consumer demand. Japanese markets managed a modest climb as economic growth figures got a positive nudge upwards, offering glint of
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Week ahead – The central bank bonanza begins, US CPI eyed too [Video]
Last policy decisions of 2024 to shape market mood. RBA, BoC, SNB and ECB are on the agenda. US CPI report to be crucial too as Fed undecided. RBA to hold rates, but will it turn less hawkish? The Reserve Bank of Australia will kick off the central bank bonanza next week, announcing its decision on
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Barnier set to face no-confidence vote
In focus today Several key data prints are due for release, led by the US October JOLTs labour turnover, an important measure of labour demand watched closely by the Fed. In the euro area, focus turns to the release of the final manufacturing PMIs for November. The prior flash release caused a large
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ECB’s Kazaks: In my view, rate cuts must continue
European Central Bank (ECB) policymaker Martins Kazaks said on Monday, “in my view, rate cuts must continue.” He added that “we see that the inflation problem will soon end.” Market reaction The above comments fail to affect the Euro , as EUR/USD loses 0.48% on the day to trade near 1.0525, at the p
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Eurozone inflation ticks up, but ‘core’ is stable
The Eurozone’s inflation rate increased to 2.3% in November, with ‘core’ stable at 2.7%. Some upward pressure on prices is likely to remain in December, but weak eurozone demand will be a key driver for softer inflation next year. We expected November's data to show an increase in headline inflation
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