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GBPUSD is up today on a slightly cooler US Consumer Price Index (CPI) reading, but is it sustainable? Today, I’ll share the GBPUSD area to watch this week, which lines up with a critical level on the US Dollar Index (DXY). GBPUSD is up today following a slightly cooler print from US CPI. However, it’s not as big of a miss as some were expecting, and US ...
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The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted a call from China for the U.S. to “immediately” cancel the steps. The Biden administration said the new tariffs “will make sure that historic investments in jobs spurred by ...
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