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Impact of Strong US GDP Growth on Euro, Pound, Yen, and Australian Dollar
Impact of Strong US GDP Growth on Euro, Pound, Yen, and Australian Dollar News Data: US GDP Growth Rate QoQ (2nd Estimate Q2 2024): Surged to 3%, significantly higher than the previous 1.4% and above the forecast of 2.8%. Japan Consumer Confidence (August 2024): Remained unchanged at 36.7, matching last month’s figure and falling short of the expected 36.9. Germany Inflation Rate YoY…
#BankofEngland#BrentCrude#Commodities#CurrencyMarket#EconomicIndicators#FedPolicy#FinancialNews#ForexTrading#GermanyInflation#GlobalMarkets#GoldPrices#InvestmentStrategy#InvestorAlert#MarketSentiment#MarketUpdates#SafeHaven#TradingNews#USDEconomy#USGDP#WTICrude
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UK Retail Bounces Back While US Sales Stronger Than Expected
UK Retail Sales and Market Impact UK retail sales data for July came in as expected showing a 0.5% increase month-over-month. This data has supported the pound pushing GBP/USD above 1.2850. But with political uncertainties following the recent general election where Labour won a historic victory could weigh on the pound moving forward (Wikipedia). U.S. Retail Sales Continue to Support the…
#ConsumerSpending#CurrencyMarkets#EconomicData#EconomicUpdate#EURUSD#FinancialNews#ForexNews#ForexTrading#GBPUSD#GlobalEconomy#GlobalMarkets#InvestmentStrategy#MarketAnalysis#MarketTrends#RetailGrowth#TradingInsights#UKRetailSales#USDEconomy#USDStrength#USRetailSales
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