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US Trade Deficit Widens Slightly in September to $84.4 Billion

In September, the US trade deficit widened slightly to $84.4 billion, compared to the prior deficit of $70.4 billion. The increase in the deficit...
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EUR/USD Forecast: Mid-Day Analysis and Outlook – Action Forex

The EUR/USD pair is showing a slightly upward bias during the day as it continues to rebound from the short-term bottom of 1.0760. However,...
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European Equities Stagnant at Market Open | Forexlive

European equities showed little movement at the market open today, indicating a sense of stagnation in the market. Investors are advised to proceed with...
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US 500 Index Short-Term Recovery – Action Forex

The US 500 index has shown signs of a short-term recovery as it bounced off the 50-day SMA and the 5,720 support level. However,...
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GBP Outlook: Rate Cuts vs. Fiscal Confidence – Cross Currents | Forexlive

The Bank of England's upcoming decision on interest rates is expected to have a significant impact on the value of the British Pound (GBP)....
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China’s Caixin PMI Composite Rises to 51.9, Policy Impact Shows – Action Forex

China's Caixin Services PMI saw a significant rise to 52.0 in October, surpassing expectations and showing the highest rate of growth in three months....
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Credit Agricole: November RBA Meeting Expectations | Forexlive

Credit Agricole is predicting that the Reserve Bank of Australia (RBA) will keep interest rates steady during the upcoming meeting. This decision is based...
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Sunset Market Analysis: Latest Updates and Trends on Action Forex

The US presidential election polls continue to dominate discussions in the market, causing some volatility in trading sessions. Last week, Trump's lead in prediction...
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Oil Prices Surge to One-Week High After OPEC+ Delay | Forexlive

Oil prices surged to a one-week high after OPEC+ decided to extend voluntary production curbs for another month. This decision caused oil to gap...
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USD/JPY Forecast: Mid-Day Analysis and Outlook – Action Forex

The USD/JPY pair continues to trade in a range, with the intraday bias remaining neutral. It is anticipated that there will be another increase...

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news-22112024-202356

RBNZ Expected to Cut Rates Before US and Eurozone Inflation Updates

The Reserve Bank of New Zealand is gearing up for its last policy meeting of 2024, with expectations high for a rate cut of...

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