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- May 31, 2024
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Dow Jones Industrial Average rebounds after a loss-heavy week, rallies hard into Friday close
The Dow Jones Industrial Average (DJIA) rebounded over 250 points on Friday as investor sentiment turned higher after US Personal Consumption Expenditures (PCE) Price Index inflation eased faster than expected.
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- May 31, 2024
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NZD/USD Price Analysis: Bulls reclaim ground but momentum flattens
The NZD/USD pair witnessed a rise, trading at a high of 0.6160 before stabilizing at 0.6145 as the pair entered a consolidation phase.
- Blog
- May 31, 2024
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EURUSD finishes week near where it started after struggling on Friday
EUR/USD struggled to make headway on Friday, splashing around near 1.0850 as the major pair heads into the close within reach of the week’s opening bids on Monday.
- Blog
- May 31, 2024
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Crude Oil stumbles amidst energy market jitters, WTI falls into a second month of losses
West Texas Intermediate (WTI) US Crude Oil backslid in fresh lows for the week, going into the red from Monday and testing below $77.00 per barrel.
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- May 31, 2024
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Forecasting the Coming Week: ECB and US NFP steal the show
The Greenback traded on the back foot this week, managing to reclaim the 105.00 barrier and above when measured by the USD Index (DXY), although eventually giving away all those…
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- May 31, 2024
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Trump Media & Technology Group Stock Forecast: DJT falls 4% as conviction takes its toll
Trump Media & Technology Group (DJT) stock is sliding 4% on Friday following Thursday’s post-market conviction of namesake Donald John Trump, the former US president.
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- May 31, 2024
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Colombia National Jobless Rate dipped from previous 11.3% to 10.6% in April
Colombia National Jobless Rate dipped from previous 11.3% to 10.6% in April
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- May 31, 2024
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Oil enters wild ride and falls back in red after PCE numbers
Oil prices were trying to claw back though are back to session’s low with US equities rolling over. The minutes after the US Personal Consumption Expenditures (PCE) release were hopeful…
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- May 31, 2024
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Gold reverses gains from US PCE inflation data miss
Gold (XAU/USD) Gold (XAU/USD) slumps back into the $2,330s on Friday undoing the gains it made after the release of US Personal Consumption Expenditure (PCE) data for April, which showed…
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- May 31, 2024
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Portugal Gross Domestic Product (YoY) above expectations (1.4%) in 1Q: Actual (1.5%)
Portugal Gross Domestic Product (YoY) above expectations (1.4%) in 1Q: Actual (1.5%)
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