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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Gold Rallies Ahead Of Fed Talk, PMI

Gold futures rose Friday morning as stock futures pointed to a weak open on Wall Street. August gold was up $9.20 at $1,258 an ounce, moving further from a 5-week low. The precious metal has found its footing after recent ...

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Germany Q1 Wages Rise At Slower Rate

Germany’s real wages grew at a slower pace in the three months ended March, figures from Destatis showed Thursday. Real wages rose 0.6 percent year-over-year in the first quarter, following a 1.1 percent increase in the previous quarter. Although consumer ...

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KOF Downgrades Swiss 2017 GDP Forecast

Switzerland’s economy is forecast to grow at a slightly slower than previously projected pace in 2017, the KOF Economic Institute said in its Summer Forecast, released on Friday. The think tank forecast economic growth of 1.3 percent instead of 1.5 ...

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German Construction Orders Rise In April

The total value of new orders received by the German construction industry increased in April, data from Destatis showed Friday. The seasonally, working-day and price-adjusted orders in construction rose 0.9 percent month-over-month in April. On a yearly basis, construction new ...

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Austria Production Index Climbs In April

Austria’s production index increased in April from a year ago, figures from Statistics Austria showed Friday. The production index that combines output of both industry and construction, rose a working-day-adjusted 3.3 percent year-over-year in April. Construction output advanced 4.3 percent ...

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France's Q1 GDP Growth Revised Up

The French economy expanded more than previously estimated in the first quarter, detailed report from the statistical office Insee showed Friday. Gross domestic product grew 0.5 percent sequentially, revised up from 0.4 percent estimated previously. The pace of growth thus ...

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Taiwan Industrial Output Rebounds More Than Expected

Taiwan’s industrial production increased at a faster-than-expected pace in May, after falling in the prior month, preliminary figures from the Ministry of Economic Affairs revealed Friday. Industrial production climbed 0.78 percent year-over-year in May, reversing a 0.15 percent drop in ...

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