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USD/JPY
Japan’s PM Shinzo Abe is coming under fire – as many opine that he should declare a second state of emergency to curtail the alarmingly large number of Covid19 resurgence cases. Abe’s approval slid to a record low of 35.4% in a poll published by JNN on Monday. USD/JPY was seen testing 105.50 amid br
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WTI Price Analysis: $40.85/80 guards immediate upside
WTI prints two-day losing streak while keeping downside break of monthly support line and 21-day SMA.
50-day SMA appears next on the bears’ radars.
Bulls will have a bumpy road unless refreshing the monthly top.
WTI drops to $40.16, down 0.76% on a day, while heading into the European open on Frida
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US futures trade higher, Fed meeting in focus
The US stock market may get an upward push if US consumer data beats the forecast. The forecast is 94, while the previous reading came in at 98.1. This is the last piece of valuable information that the Federal reserve will receive before their FOMC rate decision, which is due tomorrow.
Dow Index An
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Yen Falls After Fed Statement
The Japanese yen slipped against its major opponents in the Asian session on Thursday, as the U.S. Federal Reserve reiterated that the central bank would provide support if required to help stabilize the economy.
The Federal Reserve left its policy measures unchanged and reiterated its commitment
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MOEX Takes 17% Stake in eFX Trading Platform BierbaumPro
Photo: Bloomberg
The Moscow Exchange (MOEX) has announced on Friday the completion of its acquisition of a 17 percent stake in BierbaumPro AG, thus strengthening its position in the Russian forex (FX) market.
The deal looks attractive as NTProgress is the wholly-owned subsidiary of BierbaumPro and
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