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The Consumer Price Index (CPI) was flat in May, coming in below the consensus forecast calling for a modest gain of 0.1% month-on-month (m/m). On a twelve-month basis, CPI edged lower by 0.1 percentage points to 3.3%. Energy prices dipped by 2.0% last month, largely due to lower prices at the pump (-3.5% m/m). Food […]

The post US: Inflationary Pressures Cool More Than expected in May  appeared first on Action Forex.

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11/07/2024

GBP/USD Hits 4-month High on Strong GDP

The British pound has extended its gains on Thursday. GBP/USD is trading at 1.2876 in the European session, up 0.22% on the day. UK GDP beats expectations The sun is shining in London today and there’s plenty to smile about besides the pleasant weather. England has punched their ticket to the final of the Euro […]
24/07/2024

USDJPY Edges Lower Near 2-month Low

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16/05/2024

JPY Has Sharply Strengthened

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