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Today, Germany’s PMI data was released, according to Forex Factory: → German Flash Manufacturing PMI: actual = 42.6, expected = 40.7, previous = 40.6; → German Flash Services PMI: actual = 51.4, expected = 50.6, previous = 50.6. The DAX 40 index (Germany 40 mini on FXOpen) showed a slight intraday increase, which could be […]

The post DAX 40 Loses Upward Momentum appeared first on Action Forex.

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Eurozone PMI Temporarily Helps the Euro but Is Unlikely to Change the Trend

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29/07/2024

Key Euro Area Data Overshadowed by Developments Elsewhere

Fed meeting and Middle East developments in the foreground Tuesday’s eurozone GDP figures could produce a surprise Wednesday’s inflation report unlikely to unsettle ECB expectations Euro remains under pressure against the pound Fed meeting overshadows key Euro area data With the market digesting the latest developments in the US presidential race and preparing for Wednesday’s […]
11/09/2024

Gold Technical: Poised for a Potential Bullish Breakout as US CPI Looms

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07/06/2024

ECB Cuts Rates as Expected, US Jobs Report Today’s Main Event

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