Actualités Forex
FTSE 100 Gains After GDP Data
U.K. stocks eked out modest gains on Thursday and the pound reached a four-month high after data showed the U.K. economy rebounded at a faster-than-expected pace in May, adding to doubts about the possibility of an August rate cut by the Bank of England.
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CAC 40 Inches Higher As Macron Urges Mainstream Coalition
French stocks rose on Thursday as lawmakers make attempts to break the political deadlock.
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DAX Edges Higher After Inflation Data
German stocks traded higher on Thursday as soft inflation data left the door open for another European Central Bank rate cut in September.
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Pound Rises As U.K. Economy Rebounds
The British pound strengthened against other major currencies in the European session on Thursday, after U.K. economy rebounded at a faster-than-expected pace in May underpinned by broad-based expansion in services, manufacturing and construction industries.
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Australian Dollar Rises Amid Risk Appetite
The Australian dollar strengthened against other major currencies in the Asian session on Thursday, as Asian stock markets traded higher amid optimism about an interest rate cut by the U.S. Fed in September ahead of the release of closely watched U.S. consumer price inflation data later in the day. The data is expected to show inflation continued to moderate in June.
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Asian Shares Follow Wall Street Higher On US Rate Cut Optimism
Asian stocks hit record highs on Thursday after Federal Reserve Chair Jerome Powell said the U.S. central bank will make interest rate decisions "when and as" they are needed, regardless of political factors.
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Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
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UK Economy Rebounds In May
The UK economy rebounded at a faster-than-expected pace in May underpinned by broad-based expansion in services, manufacturing and construction industries, official data showed on Thursday. Real gross domestic product grew 0.4 percent in May after showing no growth in April, the Office for National Statistics reported. The actual growth was double the expected 0.2 percent expansion.
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Bank Of Korea Holds Key Rate; Opens Door For Rate Cut
The Bank of Korea maintained its key interest rate for the twelfth straight session on Thursday but left the door open for interest rate reduction in the near term. The Monetary Policy Board unanimously decided to hold the Base Rate at 3.50 percent.
"While maintaining a restrictive monetary policy stance for a sufficient period of time, the Board will examine the timing of a rate cut," the ban
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European Shares Poised For Steady Open On Fed Rate Cut Optimism
European stocks look set to open on a positive note Thursday as traders eye September for the Federal Reserve's first rate cut.
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Amazon Prime Day To Offer Millions Of Deals Starting July 16
Amazon announced millions of deals with deep discounts for Prime members during the upcoming Prime Day event on July 16 and 17. Prime members will have exclusive access to shop more than 5 million deals from top brands worldwide during Amazon's 10th Prime Day Event this year. Starting July 16 at 12:01 a.m. PDT, for 48 hours, members can shop some of Amazon's lowest prices of the year so far
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