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US CPI data set to point to sticky inflation as tariff pressures persist
The US Consumer Price Index is set to rise 2.9% YoY in August, at a faster pace than July’s 2.7% increase.The Fed is widely expected to cut the policy rate by 25 basis points next week.August inflation data could significantly influence the US Dollar’s valuation. The United States (US) Bureau of Lab
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In China, economic growth remains resilient but the fight against deflation is far from won
Since the beginning of the year, China’s economic growth has proved to be more robust than expected. Exports have withstood US tariff attacks and household consumption has recovered thanks to government stimulus programs. However, large clouds are casting a shadow over the picture and are likely to
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GBP/USD remains on the defensive below 1.3500 on firmer USD; downside seems limited
GBP/USD ticks lower as a slump in the JPY assists the USD to move away from the post-NFP low.Rising Fed rate cut bets and a positive risk tone should keep a lid on any meaningful USD upside.Fiscal concerns offset BoE expectations and might hold back the GBP bulls from placing fresh bets. The GBP/USD
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US President Donald Trump warned of 100% tariffs on foreign chip imports unless firms build in US
US President Donald Trump said that his administration would impose tariffs on semiconductor imports from firms not moving production to the United States, Reuters reported late Thursday. Key quotes I have discussed it with the people here. Chips and semiconductors - we will be putting tariffs on co
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EUR/GBP edges higher above 0.8700 as UK fiscal worries grow
EUR/GBP strengthens to near 0.8700 in Wednesday’s early European session.UK borrowing costs hit their highest since 1998, the GBP falls on fiscal worries. The ECB’s Lagarde speech will be the highlight later on Wednesday. The EUR/GBP gains ground to around 0.8700 during the early European session on
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DXY: ISM Mfg today – OCBC
US Dollar (USD) a touch firmer this morning in quiet trade as US markets were closed for Labour Day holiday yesterday. DXY last at 98.35 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. 2-way risks likely "Focus this week shifts to ISM manufacturing (Tuesday); JOLTS job openings
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USD/CHF short GBP/AUD long
Markets head into the final week of August with a clear “cut-watch” bias after Chair Powell’s Jackson Hole remarks nudged major houses toward a September Fed easing call. With durable goods due today, Q2 GDP (2nd) later in the week, and July PCE on Friday, the dollar’s rallies look fragile unless th
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- Ethanwhitewoods :tradi g parade
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GBP/JPY Price Forecast: Refreshes daily peak, around 198.80 after UK PMIs
GBP/JPY attracts fresh buyers and reverses a part of Wednesday’s slide to a two-week low.The intraday positive momentum picks up pace following the release of the UK PMI prints.The mixed technical setup warrants some caution before positioning for any further gains. The GBP/JPY cross regains positiv
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After Integrating a USDT Payment Gateway, My Independent Site's Orders Grew 20% in a Month
In e-commerce, every lost potential customer can mean a missed opportunity. For Manman, who runs an independent e-commerce site for handmade dolls, this feeling was all too real. Manman's site specializes in unique, exquisitely crafted handmade dolls that have attracted a dedicated following. Howeve
