The Australian dollar has rallied during early trading on Tuesday to reach the 50 Day EMA but has also given back quite a bit of the gains. Because of this, the market looks less likely...
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Bitcoin Forecast: Remains Quiet During the Tuesday Session
The BTC/USD has been very quiet during the trading session on Tuesday as we continue to hang around the $21,000 region. At this point, the market is likely to see a bit of hesitation until we...
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USD/INR: Incremental Climb via Bullish Trend Remains Steady
The Indian Rupee continues to lose ground to the USD in Forex and as of this morning a value of 79.8700 is being demonstrated. Speculative conditions are ripe within the USD/INR currency pair as higher price action...
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DAX Forecast: Plunged at the Open on Monday
The Dax German index plunged drastically during the trading session on Monday, losing over 2.25%. The market is absorbing the idea that the Russians are going to shut down part of the Nordstream pipeline system, thereby punishing...
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PBOC sets USD/ CNY reference rate for today at 6.8198 (vs. estimate at 6.8251)
People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate....
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„China cuts rates again to shore up stumbling economy”
The People’s Bank of China cus its one year prime rate less than expected, and its five year more than expected: China rate cuts: LPR 1 year 3.65% (from 3.7%) & 5 year 4.30%...
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Withholding tax at source: who has an interest in choosing the neutral rate?
Most of your income is subject each month to withholding tax (PAS) at the rate specific to your tax household calculated by the tax authorities. But in certain situations, you can choose another rate at...
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Savings: these tricks to put money aside without pain
If the French are reputed to be rather „woolly friendly” (they have, with the Germans, the prize of „savings champions” within the OECD countries), galloping inflation is dampening the enthusiasm of the most volunteers. In...
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Canada retail sales for June 1.1% vs. 0.3 expected
Prior month revised higher to 2.3% from 2.2% Canada retail sales for June rose 1.1% vs. 0.3% estimate Ex autos 0.8% vs. 0.9% estimate sales were up in 8 of 11 subsectors representing 76.8%...
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Fed’s Barkin: Fed will do what it takes to return inflation to target
Fed will do what it takes to return inflation to target moving inflation to target will not happen immediately starting to see some precautionary softening in business investment Fed’s Barkin is not a voting...
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