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US dollar firms after data slate

US dollar firms after data slate

The market reaction to today's data slate is reminiscent to CPI.It's a three-parter with an initial hawkish reaction, followed by a complete retracement, then a renewed push towards the knee-jerk.EURUSD 1 minThe data overall was a mixed bag with a hot PPI and good...

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US initial jobless claims 209K vs 218K estimate

US initial jobless claims 209K vs 218K estimate

Initial jobless claimsPrior 217K revised to 210K. Initial jobless claims 209K vs 218K estimate.4-week moving average of initial claims 208K vs 208.5K last weekContinuing claims prior week 1.906M revised to 1.794M.Continuing claims current week 1.811M vs 1.900M...

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US February PPI +1.6% y/y vs +1.1% expected

US February PPI +1.6% y/y vs +1.1% expected

US PPIPrior was +0.9% y/y (revised to +0.8%)PPI m/m +0.6% vs +0.3% expected (prior was +0.3%)Core:PPI ex food and energy y/y +2.0% versus +1.9% expected. Prior month +2.0%PPI ex food and energy m/m +0.3% versus +0.2% expected. Prior month +0.5%PPI ex food and...

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US February retail sales +0.6% vs +0.8% expected

US February retail sales +0.6% vs +0.8% expected

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Full slate of US economic data coming up next

Full slate of US economic data coming up next

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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DeFi: Learn More About Decentralized Finance

DeFi: Learn More About Decentralized Finance

Decentralized Finance, commonly referred to as DeFi, is a revolutionary movement within the financial industry that leverages blockchain technology to eliminate intermediaries and central authorities from financial transactions. This innovative ecosystem comprises...

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FX muted awaiting more US data later in the day

FX muted awaiting more US data later in the day

Considering how much emphasis markets have been placing on big data in recent months, this isn't much of a surprise. Major currencies are relatively muted in trading today with dollar pairs seeing light changes overall. USD/JPY did nudge a little higher to near 148.00...

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Learn More About PEPE on Binance

Learn More About PEPE on Binance

Binance, the global cryptocurrency exchange, has witnessed the ebbs and flows of hundreds of cryptocurrencies. One of the more unique entries into the crypto space is PEPE – a digital asset that has garnered attention for reasons beyond its financial potential.What is...

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Bitcoin’s rising dominance over Ethereum

Bitcoin’s rising dominance over Ethereum

Bitcoin: Maintaining dominance in the cyptocurrency marketThis article examines recent trends in the cryptocurrency market, highlighting Bitcoin's continued leadership. It also shows crypto investors and traders how to look at how BTC price is trending vs ETH...

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European equities look to keep the positive run going

European equities look to keep the positive run going

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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