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GBP/USD Tests Resistance Near 1.3700 Amid Rising Inflation in the UK

GBP/USD Outlook: 21st January 2021 United Kingdom – Consumer Price Index On Wednesday, at GMT 7:00 a.m., the UK’s Office for National Statistics released the year-over-year Consumer Price Index (CPI). It measures the changes in the price of goods and services acquired by consumers.  The CPI basically measures the inflation level in the economy. This […]

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USD/JPY Likely Break Below Key Support if Japanese Household Spending Grows

USDJPY Weekly Outlook: 7th December 2020 Japan – Household Spending On Monday, at GMT 11:30 p.m., the Japanese Statistics Bureau will release the year over year Household Spending figure. It measures the inflation-adjusted value of all expenses by Japanese consumers.  Top trading brokers consider household consumer spending to be a leading indicator of a country’s […]

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EUR/USD Failed to Break Above Resistance Near 1.1900 Amid Forecast of Falling US Unemployment Claims

EUR/USD Weekly Outlook: 10th November 2020 Eurozone – German ZEW Economic Sentiment On Tuesday, at GMT 10:00 a.m., the Zentrum fur Europaische Wirtschaftsforschung (ZEW) released its German economic sentiment index. It measures the level of a diffusion index based on surveying 275 German institutional investors and market analysts. Since the professional investment community, forex brokers […]

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GBP/USD Eyes Key Resistance As Unemployment Claims in the UK Sharply Declines

GBP/USD Weekly Outlook: 14th October 2020 United Kingdom – Claimant Count Change On Tuesday, at GMT 7:00 a.m., the UK’s Office for National Statistics released the Claimant Count Change figure. It measures the changes in the number of people claiming unemployment-related benefits during the previous month. It is the first fundamental indicator of the month […]

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GBP/CHF Likely Break the Resistance Near 1.1900 If Swiss KOF Economic Barometer Declines Substantially

GBP/CHF Forecast & Technical Analysis Switzerland – KOF Economic Barometer On Wednesday, at GMT 7:00 a.m., the KOF Economic Research Agency will release its economic barometer index. It measures the changes in the level of a composite index. The KOF develops this composite index by analyzing 219 different economic indicators. Hence, UK forex brokers consider […]

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