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Tag: high inflation

Australian Dollar closes the week with losses on weak PMIs

Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian economy...

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Australian Dollar gains as investors digest RBA directions

AUD/USD recovered much of its previous losses in Tuesday’s session, following RBA decision. USD started the week softly, and its declines extended following weak Retail...

Back Market on track to profitability

Back Market, a marketplace for pre-owned phones, laptops, and other electronic devices, posted a 45 percent revenue growth last year, reaching 320 million euros....

JPMorgan Chase CEO Warns ‘Extraordinary’ Government Spending Will Trigger Major Economic Fallout: Report – The Daily Hodl

JPMorgan Chase CEO Jamie Dimon just issued a major warning on where he believes the US economy is heading. At AllianceBernstein’s Strategic Decisions conference, Dimon...

EUR/USD climbs after US GDP, eurozone CPI next – MarketPulse

The euro has in positive territory on Thursday....

Mexican Peso recoups earlier losses vs USD after US growth slows

The Mexican Peso reverses earlier losses against the US Dollar after Q1 US GDP is revised down.  Several analysts say MXN has peaked and is...

Euro edges lower as German inflation accelerates – MarketPulse

The euro is quiet on Wednesday. EUR/USD is...

US Dollar retreats as markets gear up for PCE and GDP data next week

DXY Index is trading at 104.7, showcasing 0.35% losses but will close the week with mild gains. Durable Good orders from the US came in...

GBP/USD shrugs as UK inflation higher than expected – MarketPulse

The British pound edged higher earlier today but...

USD/JPY steady as Japanese economy contracts – MarketPulse

The Japanese yen climbed as much as 0.85%...

Investing in Fintech: How Technology is Reshaping the Financial Services Landscape

Fintech has been driving change across financial services for well over a decade, attracting many billions of dollars’ worth of investment along the way....

GBP/USD Price Analysis: Dollar Softens Post PPI, Eyes on CPI

The US released hotter-than-expected Producer Price Index (PPI) figures. Investors expect only 44 basis points of Fed rate cuts in 2024. British wages minus bonuses grew...

The Illegal Cannabis Market in America is Still 3x Bigger Than the Legal Marijuana Market

In 2022, illicit cannabis sales soared to over $74 billion, surpassing the legal market's $28 billion by a remarkable 164%, according to the latest...

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