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Author Archives: Insta Forex

Canadian Dollar Eases After Inflation Data

The Canadian dollar retreated from its early highs against its major counterparts in the European session on Friday, after data showed that the nation’s consumer price inflation rose in line with forecasts in August. Data from Statistics Canada showed that ...

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Loonie Falls After Canada CPI, Retail Sales

Following the release of Canada inflation for August and retail sales for July at 8:30 am ET Friday, the loonie dropped against its major rivals. The loonie was trading at 91.15 against the yen, 1.2297 against the greenback, 1.4712 against ...

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Gold Hovers Near $1300 Amid U.S.-North Korea Tensions

Gold futures inched higher Friday morning, trimming steep losses from earlier in the week as traders continued to assess the Federal Reserve’s interest rate announcement. On Wednesday, Yesterday, the Federal Reserve maintained their so-called ‘dot plot’ of rate projections for ...

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Crude Oil Hugs $50 Ahead Of OPEC Meeting

Crude oil futures were slightly lower Friday morning but held the $50 a barrel mark for the third day running. Traders await the U.S. oil rig count for indications whether domestic production is slowing after a robust first half of ...

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Brazil Business Confidence Improves Slightly

Brazil’s business confidence improved for the third straight month in September, though marginally, preliminary figures from the Getulio Vargas Foundation, or FGV showed Friday. The index measuring confidence in the industrial sector rose to 92.3 in September from 92.2 in ...

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Brazil Consumer Confidence Strengthens In September: FGV

Brazil’s consumer confidence improved in September after weakening in the previous three months, figures from the Getulio Vargas Foundation, or FGV, showed Friday. The consumer confidence index climbed to a 3-month high of 82.3 in September from 80.9 in August. ...

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Spain Trade Deficit Widens In July

Spain’s foreign trade deficit increased notably in July from a year ago, as imports grew much faster than exports, preliminary figures from the Economy Ministry showed Friday. The trade deficit rose to EUR 2.1 billion in July from EUR 0.56 ...

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