The pound rose modestly in the moments after November’s GDP data edged expectations to the upside. Longer-term growth trends continue to be a drag
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The pound rose modestly in the moments after November’s GDP data edged expectations to the upside. Longer-term growth trends continue to be a drag
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Gold and the Nasdaq 100 present an unattractive risk-reward profile at present, as sticky U.S. inflation and resilient labor markets could prevent the Fed from delivering the aggressive rate cuts Wall Street is discounting for this year.
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As per tradition, the 4Q 2023 earnings parade will kick off with the major US banks, starting with JPMorgan, Citigroup, Wells Fargo and Bank of America this Friday.
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This article focuses on the technical outlook for EUR/USD and GBP/USD, examining critical price levels following the U.S. CPI report.
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Geopolitical worries are winning out over broader economic uncertainty in the energy market.
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