services

French President Emmanuel Macron’s announcement of snap elections following the European Union (EU) elections took many by surprise. The decision to dissolve parliament and call for new legislative elections came after exit polls showed his alliance suffering a heavy defeat to Marine Le Pen’s far-right National Rally (RN) party. Macron’s call for lower house elections
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The EUR/USD pair managed to snap a two-day losing streak and rebounded near 1.0875 in Thursday’s early Asian session. This recovery came despite the US Dollar showing strength during the same period. The focus now shifts towards the European Central Bank (ECB) interest rate decision and the subsequent Press Conference led by President Christine Lagarde
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Recent economic data and forecasts have the potential to greatly influence the direction of the AUD/USD currency pair. In particular, upcoming releases such as the ISM Services PMI, Australian GDP numbers, US Services PMI, and the US Jobs Report are likely to play a significant role in shaping market sentiment and investor decisions. The services
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