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Forex Free Trading Tips2024-03-28T06:13:07Zhourly12000-01-01T12:00+00:00Australia Retail Sales Rise In February
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2024-03-28T06:13:07ZAustralia's retail sales expanded in February as Taylor Swift concerts lifted spending on clothing, merchandise, accessories and dining out, the Australia Bureau of Statistics said Thursday. Retail sales increased 0.3 percent in February, following a 1.1 percent rise in January and a fall of 2.1 percent in December. Sales were forecast to climb 0.4 percent.Original Article
]]>Top Economic Institutes Slash Germany’s 2024 Growth Forecast To 0.1%
https://forexfreetradingtips.com/top-economic-institutes-slash-germanys-2024-growth-forecast-to-0-1/
2024-03-27T12:16:18ZGermany's leading five economic think tanks significantly lowered the biggest euro area economy's growth forecast for this year on Wednesday, citing cyclical and structural weakness amid sluggish economic activity. The German economy is now projected to grow just 0.1 percent this year, the institutes said in their spring report.Original Article
]]>Dollar Turns Weak As Traders Await Data
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2024-03-26T02:19:07ZThe U.S. dollar shed ground against its major counterparts on Monday ahead of a slew of key economic data, including a reading on the PCE price index, which is the Fed's preferred measure of inflation.Original Article
]]>Bank Of England Keeps Rate On Hold For Fifth Time
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2024-03-25T08:15:59ZThe Bank of England maintained its key policy rate for the fifth straight session on Thursday, with no members seeking a hike as inflation is expected to ease faster than expected. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 8-1 to keep the bank rate unchanged at 5.25 percent. No members called for a tightening this time.Original Article
]]>Philly Fed Index Edges Lower But Remains Positive In March
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2024-03-24T14:17:07ZThe Federal Reserve Bank of Philadelphia released a report on Thursday showing a modest slowdown in the pace of growth in regional manufacturing activity in the month of March. The Philly Fed said its diffusion index for current general activity slipped to 3.2 in March from 5.2 in February, although a positive reading still indicates growth.Original Article
]]>Dollar Rises On Strong Economic Data
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2024-03-23T22:16:34ZThe U.S. dollar climbed higher on Thursday, lifted by encouraging economic data, including jobless claims report, and an unexpected increase in existing home sales.Original Article
]]>UK Retail Sales Stable Amid Wet Weather
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2024-03-23T06:12:47ZUK retail sales steadied in February after rebounding at the start of the year, as poor weather lead to a reduction in footfall, data released by the Office for National Statistics showed on Friday. Retail sales were unchanged from January, when they expanded by a revised 3.6 percent in January. Sales were forecast to fall 0.4 percent.Original Article
]]>German Ifo Business Confidence Brightens In March
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2024-03-22T12:18:39ZBusiness confidence in Germany improved in March on stronger expectations and better assessment of the current conditions, survey results from the ifo Institute showed on Friday. The business sentiment index rose more-than-expected to 87.8 from an upwardly revised 85.7 in February. The score was forecast to climb to 86.0.Original Article
]]>U.S. Leading Economic Index Unexpectedly Increases For First Time In Two Years
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2024-03-21T20:15:29ZA report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators unexpectedly increased for the first time in two years in February. The Conference Board said its leading economic index inched up by 0.1 percent in February after falling by 0.4 percent in January. Economists had expected the index to decrease by 0.3 percent.Original Article
]]>Dollar Pares Gains After Fed Policy Announcement
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2024-03-21T02:15:35ZAfter climbing higher in the European session and holding firm till well past noon on Wednesday, the U.S. dollar pared gains after the Federal Reserve left interest rates unchanged and signaled a few rate cuts this year.Original Article
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