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USD/JPY Tests Key Support Once Again Amid Forecast of Declining US Retail Sales

Australia – Unemployment Rate On Thursday, at GMT 1:30 a.m., the Australian Bureau of Statistics will release the national unemployment rate. It measures the percentage of the total workforce which remained unemployed over the past month. Binary options investors consider the unemployment rate to be one of the most important fundamental indicators of the Australian […]

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AUD/USD Likely to Test Key Resistance as ADP’s Non-Farm Employment Figure Signals Slowing US Economy

Australia – Building Approvals On Monday, at GMT 9:30 p.m., the Australian Bureau of Statistics released the national month-over-month building approvals figure. It measures the changes in the number of approvals of new buildings. A building permit indicates new construction work. It also suggests that there would be additional positive economic activities. For example, new […]

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GBP/USD Test Key Support Ahead of Strong US Housing Market Data

GBP/USD Forecast – 20th July 2021 United States – Building Permits On Tuesday, at GMT 12:30 p.m., the U.S. Census Bureau will publish the monthly Building Permits figure. It measures the changes in the total number of new permits issued for constructing new premises in the country. Building permits are mandatory to start building construction. […]

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AUD/USD Likely to Turn Bearish if Inflation Picks Up In the United States

Australia – National Australia Bank (NAB) Limited Business Confidence Index On Tuesday, at GMT 1:30 a.m., the National Australia Bank (NAB) Limited released its monthly business confidence index figure. It measures the level of a diffusion index based on a survey of 350 businesses in Australia. The survey asks respondents to rate the current business […]

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