Reflection of the dollar rate on the currency market
The US dollar is regaining some ground after the fall that hit the world's reserve currency last week. The combination of weaker NFP data and a narrative built by Powell that is in line with expectations [...]
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April 29 2024
Huge drop in the USD/JPY pair. Yen intervention?
It cannot be denied that in the last days of April, at the beginning of the new week, the most interesting issue is the strongly strengthening yen. Due to the fact that there are no grounds for this, the most [...]
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April 26 2024
The cuts in the US are moving away, clearly inflationary data
Yesterday's US GDP report was what the Federal Reserve didn't want to see. Lower economic growth and clearly inflationary data. This report led to a clear decline in expectations for interest rate cuts in [...]
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April 26 2024
Historic UK 100 record, copper most expensive since 2022
It can be concluded that the preliminary data on GDP in the USA in the first quarter of this year were quite disappointing. The annualized change in real GDP in the US in the first quarter was +1,6%. after in the fourth quarter of last year was +3,4 percent The result was expected [...]