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December 18, 2024

GBP/JPY Retreats Below 195.00 as Markets Await UK Inflation Data

The GBP/JPY pair has seen some selling activity after initially rising to the 195.50 region during the Asian session. Following this temporary uptick, it has

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December 18, 2024

USD/CHF Retreats Below 0.8950 After Recent Peak

The USD/CHF pair continues to experience downward pressure, trading below the 0.8950 level after reaching a six-month high of 0.8974 on Tuesday. As of Wednesday

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December 18, 2024

Gold Prices Signal Caution: Are We Witnessing a Trend Shift?

Gold prices exhibit stability in the market as they remain well-supported near the $2,615 zone against the US Dollar. The price has formed a solid

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December 18, 2024

EUR/GBP Sees Intraday Gains Above 0.8250 Post UK CPI Data

EUR/GBP has attracted buyers and is now trading above the 0.8250 level, following the recent UK Consumer Price Index (CPI) inflation release. This data has

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December 18, 2024

US Dollar Steady as Fed’s Rate Decision Approaches

The US Dollar maintains stability as anticipation builds for the Federal Reserve’s forthcoming interest rate decision. Bond yields remain firm, while currency pairs such as

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December 18, 2024

Increased Risk Aversion Sends NZD/USD Below 0.5750

The NZD/USD pair continues to extend its losses for another day, trading at around 0.5740 during early European sessions on Wednesday. The recent decline is

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December 18, 2024

GBP/CAD Rises as UK Earnings Outpace Expectations

The Pound is making significant strides against the Canadian Dollar as UK average earnings have surpassed forecasts. This positive news reduces the prospect of an

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December 18, 2024

Pound Gains Strength Against Euro After Positive UK Jobs Report

The Pound (GBP) experienced an upsurge against the Euro and other major currencies on Tuesday, following the release of the latest UK jobs data. The

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