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Forex Analysis

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Forex Analysis Headlines

Gold Holds Steady After Weak Euro Zone Data

Gold prices held largely steady on Thursday after having fallen to near four-month low the previous day. Spot gold edged up 0.2 percent to $1,275.34 per ounce, after having fallen to its lowest since Dec. 27 at $1,270.63 earlier in ...

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Oil Prices Little Changed In Lackluster Trade

Oil prices fell slightly on Thursday as surging U.S. oil production and lingering uncertainty over the U.S. – China trade dispute offset a surprise decline in inventories. Benchmark Brent crude was marginally lower at $71.59 a barrel while U.S. West ...

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UK Retail Sales Rise To 4-month High In March

UK retail sales grew at a faster rate than expected in March, data from the Office for National Statistics showed on Thursday. Retail sales grew 1.1 percent month-on-month in March, after a 0.6 percent rise in February. Sales rose to ...

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BoE: Demand For Unsecured Lending To Fall In Q2

UK households’ availability of unsecured credit as well as demand is expected to fall in the second quarter, the latest quarterly Credit Conditions survey from the Bank of England revealed Thursday. Survey showed that demand for unsecured lending was stable ...

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Swiss Export Slows In March

Switzerland’s exports slowed in March after rising in the previous month, while imports decreased further, data from the Federal Customs Administration showed on Thursday. Exports edged up a real 0.1 percent month-on-month in March, after a 1.5 percent rise in ...

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GBP/USD pressured at 1.3000, bounce or break?

GBP/USD struggles close to 1.3000 despite upbeat retail sales. The market mood and US retail sales are set to dominate trading. The technical picture is worsening for the pair, but uptrend support can help. GBP/USD is trading just above 1.3000, ...

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Pound Slightly Up After U.K. Retail Sales

The Office for National Statistics has released U.K. retail sales for March at 4:30 am ET Thursday. Following the data, the pound rose slightly against its major counterparts. The pound was trading at 145.67 against the yen, 0.8640 against the ...

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