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Daily Forex News
The US Dollar Index lost some ground during Asian trading on Friday after Thursday's session which was marked by volatility.
Higher than expected U.S. inflation data sparks limited volatility in rangebound markets.
Oil prices fell yesterday due to a surge in gasoline inventories coupled with relatively insufficient demand, giving up part of the previous session's gains.
Bitcoin Bulls Stave Off Breakdown; Bank of Canada Makes No Change; Forex Market Remains Quiet.
In London trade, the British pound gained ground against both the greenback and the euro as Forex traders dismissed any concerns over North Ireland trade.
The sharp rise in costs is concerning and potentially harmful for small businesses.
Bitcoin Bears Threaten $30k; WTI Crude Oil Breaks $70; Quiet Forex Market.
According to data released by Japan's Cabinet Office, the Japanese GDP contracted by 1% first quarter, against expectations of 1.2% and the previous quarter’s 1.3%.
Crude Oil Retreats from Peak; DAX Index Makes Another All-Time High; Quiet Forex Market.
China's trade is currently booming mainly because of the increasing demand from the rest of the world, which is currently recovering from the pernicious effects that the COVID-19 virus had on the global economy.
As the price of WTI Crude Oil hits 2.5-year high prices near $70, what is behind this rise, and how much further can it go?
Crude Oil Boosted by OPEC & U.S. Stockpiles; German Stocks Hit All-Time High; Quiet Forex Market.
The US Dollar was under pressure ahead of the release of key labor data. On Thursday, the greenback had hit a 3-week peak
Commodity Price Surge: Biden Policy and Trading Perspective
According to data released by the Australian Bureau of Statistics, retail sales went up by 1.1% in April (month-on-month) in line with expectations and unchanged from the previous month's report.