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BlackRock CEO, Larry Fink, recently made a prediction about the Federal Reserve cutting rates before the end of the year. He believes that there will be a rate cut of at least 25 basis...

GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending trendline, it is currently trading within a narrow range after...

China's Luckin Coffee, known for its aggressive expansion and competitive pricing, is set to enter the US market in a move that could shake up the coffee industry. The company, often referred to as...

The Eco Data Analysis for October 29, 2024, provided insights into various economic indicators across different countries. Here is a breakdown of the data:- Japan's Unemployment Rate for September remained steady at 2.50%. - Germany's...

Crude oil futures ended the day at $67.38, marking a decrease of -$4.40 or -6.13%. Throughout the day, the price fluctuated between a low of $66.94 and a high of $68.84. The drop in...

The Federal Open Market Committee (FOMC) recently initiated an easing cycle by reducing the fed funds target range by 50 bps to 4.75%-5.00% at its last meeting in September. However, it appears that further...

According to Carson Investment Research, October 28 has historically been the best day of the year for the S&P 500. While daily averages may be influenced by unique events, Goldman Sachs also points out...

The USD/JPY pair is showing an upward bias during the day with minor support at 151.44 remaining intact. If the pair continues to trade above the 61.8% retracement level of 153.39, we could see...

Foreign exchange trading is a risky venture that may not be suitable for all investors. It is important to understand the risks involved, especially when leverage is used, as it can increase the potential...

The USD/CAD pair continues to rise from the low of 1.3418, with the intraday bias remaining on the upside. This suggests that there is a possibility of retesting the resistance zone of 1.3946/76. A...