Despite a record drop in the headline measure of inflation, core inflation heads higher. Renewed expectations of ECB rate hikes and weak dollar sees EUR/USD eying 1.10
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Breaking UK News: UK Growth Revised Higher, GBP/USD Nears A Multi-Week High
The UK economy grew by more than originally thought in the third and fourth quarters of 2022, avoiding a technical recession.
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Crude Oil Holds the High Ground as Mood Boosted by China PMI. Higher WTI?
The crude oil price has had another stellar week with the markets buoyed by solid China PMI data and equity markets taking higher yields in their stride. Will the positive vibes lift WTI?
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Australian Dollar Looks Past China PMI Data, Focus is Now on Key Fed Inflation Gauge
The Australian Dollar gave up gains on upbeat Chinese manufacturing PMI, with AUD/USD now turning its attention to the Fed’s preferred inflation gauge next.
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US Dollar Continues Diverging from the Fundamentals, Will PCE Data Realign Traders?
The US Dollar still found no love as traders continued piling into Wall Street despite not-so-dovish commentary from Federal Reserve officials. Will PCE data revive the DXY Index?
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Educ Arte Económico 