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The past few days have been packed with economic news from China, from inflation figures to a press conference on stimulus measures. While market reaction to the data has been relatively mixed, there is a lingering sense of disappointment that may well build over the coming days. The CPI slowed to 0.4% y/y versus the […]

The post China’s Data Remains Weak, But There Are Signs of a Turnaround appeared first on Action Forex.

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01/11/2024

Bitcoin Price Falls Short of Record High, Drops Below $70k

The BTC/USD chart shows the following: → Bitcoin’s all-time high is around $73,750 per coin, set on March 14, 2024, amid peak investor interest after the SEC approved a Bitcoin ETF on January 11. → This autumn, Bitcoin’s price is exhibiting positive momentum, partly fueled by the potential for Donald Trump to win the U.S. […]
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