王者走了又回来
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Morning briefing: Euro could face rejection around 1.0300-1.0350 region
The Dollar Index has been coming off since the last two sessions but while above 109.00-108.75, the view remains intact to see a rise towards 111. The Euro has risen well but could face rejection around 1.0300-1.0350 region. EURINR is trading higher but still needs to see a decisive break on either
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Eurozone's uneven economic recovery means more monetary easing
Summary The Eurozone economy is entering 2025 on an unsteady and uncertain footing. While household fundamentals are still favorable overall, they may become less supportive as 2025 progresses, suggesting the pace of consumer spending could slow. The outlook for the corporate sector remains challeng
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Followme S15 Successfully Concludes with Remarkable Achievements – Winners List Revealed
S15 Final Ranking Overview The FOLLOWME S15 Global Trading Competition, co-hosted by the FOLLOWME trading community with partners Hantec Financial, DBG Markets and FXTM, has officially concluded on January 12, 2025 UTC+2. This season has been one of the most competitive yet, with participants
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USD/CAD advances to near 1.4450 as US jobs figures bolster hawkish mood surrounding Fed
USD/CAD extends its winning streak as traders expect the Fed to keep interest rates steady in January. US Nonfarm Payrolls increased by 256K in December, exceeding expected 160K and November’s figure of 212K. The downside of the commodity-linked CAD could be restrained due to higher Oil prices. USD/
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Australian Dollar plunges to fresh multi-year low after upbeat US NFP data
AUD tumbles 0.73% to 0.6155 on Friday. Hotter-than-expected NFP bolsters USD demand. Fed’s hawkish tilt and trade tensions between the US and China weigh on Aussie. The Australian Dollar remains under intense selling pressure following stronger-than-anticipated US Nonfarm Payrolls (NFP) data, hoveri
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GBP/USD: Significant support level at 1.2300 can be out of reach – UOB Group
The Pound Sterling (GBP) is likely to decline; the significant support level at 1.2300 could be out of reach. In the longer run, risk has shifted to the downside but note that there is a significant support level at 1.2300, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Risk has shifte
Pull-up Update