The EUR/USD pair has shown signs of a recovery wave from the 1.0600 zone after testing the 1.0598 low. The bulls have managed to push the pair above the 1.0650 and 1.0680 resistance levels. However, the bears are currently active near the 1.0740 level, where the pair is consolidating near the 100 simple moving average
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The USD/JPY exchange rate is influenced by a variety of economic factors, with key data releases playing a crucial role in shaping investor sentiment and market expectations. In this article, we will analyze the impact of economic data on the USD/JPY exchange rate and explore how upcoming reports could affect its trajectory. While economists predicted
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Success in the fight against polio is far from guaranteed, despite the efforts of billionaire philanthropist Bill Gates and his foundation. While the recent $500 million pledge from Saudi Arabia is a step in the right direction, there is still a significant funding gap of $1.2 billion for the Global Polio Eradication Initiative (GPEI) up
As the Federal Open Market Committee (FOMC) meeting approaches in May, all eyes are on the decision that will be made regarding the Fed funds target range, which has been stagnant at 5.25%-5.50% for the past six meetings. Despite inflation persisting above the Fed’s 2.0% target, the Fed is unlikely to make any changes to
As an individual navigating the vast world of investments and financial decisions, it is crucial to approach any information with a critical mindset. The content provided on various platforms should never be taken as a blanket recommendation or advice to act in a certain way, especially when it comes to investments or purchases. It is
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In a recent announcement, Thai former energy executive Pichai Chunhavajira has been appointed as the country’s new finance minister at the age of 75. Pichai, who previously served as the chair of the board of Bangchak Corp, now takes the helm as the deputy prime minister, tasked with the challenging job of rejuvenating Southeast Asia’s
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In the realm of global economics, various factors influence consumer confidence and spending habits. One such factor is the prevailing macroeconomic environment, which can have a significant impact on the overall sentiments of consumers and investors alike. The Bank of Japan’s Monetary Policy The recent monetary policy meeting minutes of the Bank of Japan shed