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German business confidence weaker than expected The euro has started the week in positive territory on Monday. In the European session, EUR/USD is trading at 1.0914, up 0.18%. It was a week of sharp swings for the euro, which posted strong gains during the week but reversed directions on Friday and declined 0.88%. Still, the […]

The post Euro Stabilizes Despite Weak German Business Confidence appeared first on Action Forex.

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06/09/2024

Canada’s Labour Market Continued to Cool in August

Canada’s labour market added a modest net 22k new positions, roughly on expectations. However, all the gains were in part-time job positions, which rebounded 66k after losses in July. Full-time positions gave back 44k. Growth in the labour force outpaced job gains, pushing the unemployment rate up two tenths to 6.6%, slightly higher than expected. […]
03/05/2024

Could They? Should They?

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01/04/2024

EURUSD’s Recent Bearish Tendency to be Tested this Week

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