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Forexlive Americas FX news wrap: US CPI matches estimates

Forexlive Americas FX news wrap: US CPI matches estimates

Markets:Gold down $2 to $1978US 10-year yields down 3 bps to 4.21%WTI crude oil down $2.64 to $68.67S&P 500 up 21 points, or 0.4%, to 4667JPY leads, AUD lagsAll eyes were on the CPI report on Tuesday but -- like non-farm payrolls on Friday -- the price action was...

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US stocks up again. Fresh 2023 highs once again.

US stocks up again. Fresh 2023 highs once again.

The major US indices are up again. Dow at the highest level since January 2022, and around 1% from all time highs for the index. The Nasdaq led the way today. The final numbers are showing:Dow Industrial Average is up 173.01 points or 0.48% at 36577.95S&P index is...

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TD highlights a tailwind for the US economy

TD highlights a tailwind for the US economy

It's the time of the year when the year-ahead reports roll out.They mostly go straight into the virtual trash but at times they contain some great tidbits. TD's latest highlights the resurgence of US manufacturing with some comments from a railway executive."One...

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REINZ New Zealand median home sale prices -2.0% y/y

REINZ New Zealand median home sale prices -2.0% y/y

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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Crude oil settles at $68.61. Lowest level since June 28

Crude oil settles at $68.61. Lowest level since June 28

Crude oil prices move to the lowest level since JuneThe price of crude oil fell sharply and traded to the lowest level going back to June 28. The low for the day reached $68.22. The high reached $71.96.Looking at the daily chart, the price is getting closer to...

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Nasdaq hits a new high in fourth straight day of gains

Nasdaq hits a new high in fourth straight day of gains

It's tough to find any sellers in the US equity market. Once again today, a soft start has turned into a decent gain in the Nasdaq Composite. It's up 0.4% in the fourth straight day of gains. A turn in the Treasury market has helped to sustain the bid today (US 10s...

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