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GBP/USD pares intraday gains to two-week highs, rising slightly around 1.3625-30.

• 11 October, 2021
• 3:29 pm EEST

GBP/USD pares intraday gains to two-week highs, rising slightly around 1.3625-30.   The British pound gained some ground on Monday after the Bank of England signaled an impending rate hike. The upside is still limited due to the underlying optimistic…

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Oil prices rise as the energy crisis worsens in major economies.. Brent crude is above $84

• 11 October, 2021
• 3:04 pm EEST

Oil prices rose in trading today, Monday, at the beginning of the week’s trading, to continue reaping gains, in conjunction with the increase in demand for crude, and the energy crisis that hits a number of major economies. The rise…

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Gold prices fall under pressure from US jobs data

• 11 October, 2021
• 2:53 pm EEST

Gold prices fell today, Monday, at the beginning of the week’s trading, after the session started flat. And the weak job growth numbers failed to calm expectations that the US Federal Reserve will begin to scale back its stimulus this…

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Dollar hits highest vs yen in nearly 3 years as markets retain Fed taper bets

• 11 October, 2021
• 11:56 am EEST

The dollar rose to its highest in nearly three years versus the yen on Monday as investors remained confident the U.S. Federal Reserve will announce a tapering of its massive bond-buying next month despite softer U.S. payrolls figures. The jobs…

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European Forex news roundup: Payrolls are coming in slowly and steadily.

• 08 October, 2021
• 3:31 pm EEST

European Forex news roundup: Payrolls are coming in slowly and steadily. Forex market news during the European trade session on October 8, 2021 As the market tone was mixed today, European morning trade served as a placeholder session ahead of…

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