Foreign Exchange

Gold market analysis: ECB rate cut sparks hope that the Fed will follow suit, gold prices rise to two-week high

On Thursday (June 5), gold prices rose to a two-week high of $2,378.36 per ounce during the session, and closed at $2,375.60 per ounce, up 0.8% for the day. The U.S. Department of Labor announced on Thursday that the number of initial jobless claims in the week ending June 1 increased by 8,000, to 229,000 […]

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The US non-farm payrolls for May are coming. How might this affect the EUR/USD trend?

According to the Fxstreet team of analysts, non-farm payrolls are expected to increase by 185,000 in May, less than expected but higher than 175,000 in April, as more signs point to a cooling in the US labor market. The unemployment rate is expected to remain stable at 3.9% in May, while the monthly average hourly

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Japans April consumer spending rises for the first time in 14 months, helping Bank of Japan normalize policy

Data released on Friday showed that Japan’s household spending rose for the first time in 14 months in April from a year earlier, but the modest increase showed that consumers were still reluctant to loosen their purse strings in the face of rising prices. Japan’s Internal Affairs and Communications Ministry data showed that consumer spending

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Bank of Japan expected to reduce bond purchases next week, expectations of a July rate hike rise

More than half of Bank of Japan watchers surveyed predicted the central bank would decide to scale back its government bond purchases at a meeting next week, and a growing number also expect the central bank to raise interest rates in July. Many Bank of Japan watchers said officials are likely to prioritize cutting bond

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China Property Stocks Fall 20% From May High as Concerns Linger

A Bloomberg Intelligence gauge of Chinese developer shares fell 3.3% on Thursday, extending losses from a mid-May high to almost 21%. Sunac China Holdings Ltd. was the biggest laggard with a slump of 12%, while CIFI Holdings Group Co. sank 8.4%. Real estate stocks have retreated amid skepticism over a broad support package unveiled by

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3 Growth Stocks Wall Street Might Be Sleeping On, but I am Not

Most of the time, Wall Street gets it right. That is to say, the market usually knows what’s important to know about a company, and appropriately reflects this information in that stock’s price. These values, of course, can and do change every day. However, these changes mostly reflect new information or new perceptions regarding a

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