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Author
Ahmed Ashraf
Technical Analyst & Economic Researcher at LDN Global Markets
U.K. Unemployment Rises as Wage Growth Slows
Unemployment in the UK rises to 5%, and slow wage growth puts pressure on the economy, while the Bank of England considers cutting interest.
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Gold tops $4,000 as dollar weakens
Gold prices rise sharply above $4,000 per ounce, supported by a weaker dollar and growing expectations of a Federal Reserve rate cut.
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New decline in the dollar despite the approaching end of the government shutdown
Daily Technical Report To : DOLLAR INDEX
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Gold rises ahead of U.S. jobs data
Gold rises in Asia as safe-haven demand increases amid market concerns and ahead of U.S. employment data this week.
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UBS expects the dollar to remain strong, supported by AI leadership
UBS Bank expects the U.S. dollar to remain strong until 2026, with the EUR/USD reaching 1.18 and the USD/JPY hitting 152.
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Bitcoin drops to $107K, ending its 7-year “Uptober” winning streak
Bitcoin falls below $108,000, ending a 7-year “Uptober” streak as Fed policy pressure and weak risk appetite weigh on crypto markets.
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European Central Bank holds rates steady despite slowing trade
The ECB keeps interest rates unchanged for the third time despite slowing trade, leaving the door open for a possible cut amid inflation pressures.
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Fed statements drive the dollar higher
Daily Technical Report To : DOLLAR INDEX
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