NZDUSD consolidates an up-and-down trading between levels The NZDUSD has experienced a rollercoaster of price action today, with values initially staying above yesterday’s low of 0.61107 before climbing higher. This upward momentum managed to surpass a critical swing area between 0.6119 and 0.61266, as sellers became buyers. During the Asian and early European sessions, the
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Eamonn Sheridan Thursday, 27/04/2023 | 23:50 GMT-0 27/04/2023 | 23:50 GMT-0 Japan Retail Sales March +7.2% y/y expected 5.8%, prior 7.3% for the m/m, +0.6% (expected +0.3%, prior +2.1%) more to come — Coming later from Japan, the Bank of Japan decision, previews: jpy ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW
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Chana (gram) prices have slid 4%-6% in the past three weeks, plunging below the minimum support price level (MSP) in Maharashtra after the state government included chana along with tur and urad in the stock declaration order. This has increased worries of farmers as the government buying at MSP is limited. The average wholesale price
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Dollar shrugs off worse than expected Q1 GDP data and recovers against European majors in early US session. But momentum is so far weak except versus Swiss Franc, which happens to be the worst performer for the day. Australian Dollar and other commodity currencies turned into consolidation, digesting this week’s losses. Meanwhile, Euro and Sterling
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Medical bottles and syringe are seen with Eli Lilly and Company logo displayed on a screen in the background in this illustration photo taken in Krakow, Poland on November 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Eli Lilly‘s first-quarter earnings missed expectations Thursday, but the pharmaceutical company raised its full-year guidance. Before the
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Gold prices ticked up on Thursday, propped up by a softer dollar, while investors eyed U.S. GDP growth data for hints on when the Federal Reserve might consider pausing interest rate increases. FUNDAMENTALS * Spot gold rose 0.1% to $1,991.14 per ounce by 0018 GMT. U.S. gold futures climbed 0.2% to $2,000.20. * The dollar
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Risk aversion is intensifying as US stocks tumbled significantly overnight, following First Republic Bank’s earnings report, which reignited concerns about the broader banking sector. The troubled regional bank’s shares plummeted by nearly half. Concurrently, bonds surged higher, pushing 10-year yield below 3.4% handle. Japanese Yen and Swiss Franc surged following the shift in sentiment, trailed
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Meta will announce their earnings after the close. The estimates for its Q1 2023 earnings: Revenue: $27.67 billion EPS (Earnings Per Share): $2.01 Advertising Revenue: $26.76 billion Family of Apps Revenue: $26.88 billion Reality Labs Operating Losses: $3.8 billion Meta has been focusing on improving its efficiency and cost-cutting measures. The company previously announced layoffs,
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