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S&P 500 rebounds towards $4,750 on Thursday as equities rally on rate cut optimism

The Standard & Poor’s (S&P) 500 major equity index climbed on Thursday to chew through late Wednesday’s losses as investor risk appetite surged higher after US inflation figures came in below expectations, ramping up investor hopes of a faster, deeper pace of rate hikes from the Federal Reserve (Fed) in 2024.

EUR/GBP sees meager rebound from 0.8560 as Euro gets a reprieve from selling pressure

The EUR/GBP is seeing a welcome break from ongoing Euro (EUR) selling, rebounding a modest two-tenths of a percent against the Pound Sterling (GBP) on Monday.

USD/JPY sees volatility as markets asses US Core PCE and BOJ's Decision

At the time of writing, the USD/JPY pair is trading near the 150.00 area, 1% above its opening price, after reaching a daily low of 138.05. The U.S.

USD/CAD Price Analysis: Breaks through 50-day EMA resistance, reclaims 1.3600

The USD/CAD reclaims the 1.3600 mark after dropping to a daily low of 1.3524. The pair tested the 50-day Exponential Moving Average (EMA) at 1.3532 be

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