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08 Jan 2025

The euro resumes its gains, driven by hopes of a interest rate gap

The euro rose in the European market on Wednesday against a basket of major and minor currencies, resuming its gains that were temporarily halted yesterday against the U.S. dollar, on its way to retest the highest level in a week. This rise is based on hopes that the interest rate gap between Europe and the U.S. will remain unchanged throughout January

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JPMorgan: US jobless claims fall

New applications for unemployment benefits in the United States fell during the week ending October...

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The dollar index rose to its highest level in three months

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China enters its longest period of industrial contraction in more than nine years

China’s manufacturing activity contracted further in October, marking its longest period of decline...

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