GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to…
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Dollar Weakens as Treasury Yields Drop; Sterling Retains Strength
The U.S. dollar retreated in early European trading Tuesday with risk sentiment on the rise, while sterling retained its recent…
Continue ReadingDollar Static, Sterling Gains After U.K. Government’s Tax U-Turn
The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to…
Continue ReadingWhen is the US August PCE Price Index and how could it affect EUR/USD?
US PCE Price Index Overview Friday’s US economic docket highlights the release of the Personal Consumption Expenditure (PCE) Price Index…
Continue ReadingTaiwan central bank says it will not adopt foreign exchange control measures
TAIPEI (Reuters) -Taiwan’s central bank said on Wednesday it will not adopt foreign exchange control measures and that foreign exchange…
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