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Day: July 22, 2024

UKOUSD – 22 Jul 2024

UKOUSD 22 Jul 2024

UKOUSD – 22 Jul 2024 UKOUSD 22 Jul 2024 On the daily timeframe, UKOUSD is trying to reverse the trend to bullish after being bearish since the beginning of this month. The commodity is inside a kumo with a price position of 83.367, and is trying to strengthen to break out of the kumo. However, […]

Chinese Central Bank’s Rate Cuts: A Step Toward Economic Stabilization

Chinese Central Bank's Rate

Chinese Central Bank’s Rate Cuts: A Step Toward Economic Stabilization Chinese Central Bank’s Rate Cuts, a Step Toward Economic Stabilization. The recent rate cuts by China’s central bank provide some reassurance that policymakers are addressing the ongoing economic slowdown. However, the substantial effort needed to revive the economy will have to come from fiscal policy, […]

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