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news-07102024-214059

Gold Price Rebounds as Buyers Return to Blue Box Area – Action Forex

Gold prices have seen a rebound as buyers returned to the blue box area, according to a technical blog analyzing the 1-hour Elliott Wave...
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Milton Forecasted to Strengthen to Category 5 Hurricane | Forexlive

The most recent information from both NOAA and Air Force Hurricane Hunter aircraft suggests that Milton is rapidly getting stronger and has now been...
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RBNZ Policy Meeting: Will Interest Rates be Cut by 25 or 50 bps?

The Reserve Bank of New Zealand is expected to announce a rate cut during their policy meeting on Wednesday. The decision to cut rates...
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Europe Market Open: APAC Stocks Rise Amid Geopolitical Focus | Forexlive

APAC stocks had a strong start to the week after a positive performance on Wall Street last Friday, thanks to a stellar jobs report....
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US Dollar Strengthens as Federal Reserve Hawks Gain Momentum

Surprise! The US economy added over 250,000 new nonfarm jobs last month, bringing the unemployment rate down to 4.1%. Wages also saw faster growth...
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Australian Inflation: Melbourne Institute CPI September 2024 Up 0.1% | Forexlive

Australian inflation, as measured by the Melbourne Institute's Consumer Price Index (CPI), saw a slight increase of 0.1% in September 2024. This uptick may...
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Eco Data Update: October 7, 2024 – Actionable Insights for Forex Traders

Here is the latest Eco Data Update for October 7, 2024, providing actionable insights for Forex traders. Let's take a look at the key...
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China’s Property Sector Sees Recovery with Increased House Sales During Holiday Period

China's National Day holiday started on October 1st and leading up to it, the Chinese government announced various economic stimulus measures, focusing on the...
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GBP/USD Weekly Forecast and Analysis – Action Forex

Last week, GBP/USD broke below the 1.3265 support level, indicating a short-term peak at 1.3433. This week, the initial bias suggests a downward trend...
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Weekly Forex Market Analysis (07-11 October) | Forexlive

Upcoming Events:This week, there are several key economic events and data releases that will impact the forex market. On Monday, Eurozone Retail Sales data...

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US 100 Index Rally Stalls: What’s Next for Traders?

The US 100 index is currently trading sideways, just below its all-time high, as it grapples with the August 5, 2024 trendline. Market sentiment...

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