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Technical Forex News

EUR/USD drops to 1.1104

The EUR/USD pair dipped to 1.1104 levels even though the data released in the Eurozone showed retail sales ticked higher in April, while the unemployment rate declined in May. The shared currency is being pushed lower by the German 10-year Bund yield, which fell from a high of 0.749% to trade at 0.71%. Moreover, the gains in the EUR witnessed in the previous..

Majors

USD/JPY hits fresh session highs above 124.30

The US dollar stormed its way through 124 barrier and extended gains versus the Japanese yen in the...

Currencies

GBP/JPY drops below 190.00

The selling interest in GBP spiked after a weaker-than-expected UK services PMI, pushing the GBP/JPY...

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Fundamental News

OECD cuts global growth forecast to 3.1%

The Paris-based think tank Organization of Economic Cooperation and Development (OECD) cut its global...

Economic Indicators

UK Services PMI falls to 56.5 in May

The seasonally adjusted Markit/CIPS UK Services Purchasing Manager’s Index (PMI) in May came-in at...

Central Banks

Monetary policy is not aimed at FX – BOJ's Shirai

The Bank of Japan (BOJ) policymaker Shirai, while speaking to reporters on Wednesday reiterated that...

Equities

Nikkei edges lower on profit−taking

The Japanese equities index halted its upward trajectory and fell in red largely on profit-taking...

Commodities

Gold hits fresh session lows near $ 1188

Gold prices on Comex accelerated losses below 1190 levels in the European session, largely on the...

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LAR 2nd anniversaryWe celebrate the LAR's 2nd anniversary with a special line-up of interviews and live coverages. Don't miss them!

Brokers News

EXNESS sponsors international Cyprus conference on risk management

EXNESS announces that it is proud to be the title sponsor of the Risk Management in Financial...

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