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Economic outlook for the United States is mixed – USD is likely to be range-bound in the near term

Economic outlook for the United States is mixed – USD is likely to be range-bound in the near term
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United statesUniversity of michigan consumer sentiment indexFederal reserveFed funds rateNon farm payrollsConsumer price indexInflation rateBusiness optimism indexConference boardConsumer confidence indexBusiness confidenceMichigan consumer sentiment indexRetail sales momHousing starts

EUR/USD declines to near 1 0770 as ECB officials hint at a potential rate cut in June

EUR/USD maintains its position around 1.0770 during the European session on Friday, extending losses for the fourth consecutive day.

United statesFabio panettaFrancois villeroyChristopher wallerYannis stoumarasEuropean central bankRetail sales momRetail salesDomestic productPersonal consumption expendituresFederal reserveFed governor christopher wallerConsumption expenditures

Alibaba Stock: Still Not A Buy (NYSE:BABA)

Alibaba Stock: Still Not A Buy (NYSE:BABA)
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USD/MXN edges lower near 17 10 despite the dovish Banxico outlook, US data eyed

USD/MXN trades lower near 17.10 during the European session on Thursday.

United statesRodriguez cejaPhiladelphia fed manufacturingRetail sales momRetail salesGovernor victoria rodriguez cejaMexican pesoGovernor cejaNorth americanDomestic product annualizedInitial jobless claimsHome sales change

GBP/JPY consolidates its gain above the 184 80 mark ahead of UK CPI

The GBP/JPY cross consolidates its recent gains near 184.80 during the Asian session on Wednesday. Markets turn cautious ahead of the release of the U

United kingdomShigeyuki gotoNational consumer price index forUnited kingdom consumer price indexAverage earningsUnemployment rateRetail sales momPound sterlingJapanese yenGross domestic productEconomy minister shigeyuki gotoNational consumer price index

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