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About: luna

Recent Posts by luna

Traders are assessing a changing economic situation as gold remains within the $3,900-$4,050 range

Gold steadies near $4,000 as strong USD, Fed policy, and global factors shape market sentiment.

Despite weaker US manufacturing data, the Euro remains stable close to three-month lows against the Dollar

Euro steadies as US Dollar dips following weak US manufacturing data; Eurozone output holds steady.

The Australian Dollar weakens against the US Dollar, trading near 0.6530 amid impending RBA meeting

AUD weakens to 0.6530 as USD strengthens post-Fed meeting; market trims December rate cut expectations.

Austan Goolsbee expressed discomfort with preemptive rate cuts ahead of the upcoming Fed meeting

Goolsbee urges caution on rate cuts, cites persistent inflation concerns, minimal job risks, and economic uncertainty ahead.

In October, the US manufacturing sector saw its PMI drop to 48.7, below expectations

US manufacturing activity shrinks in October; PMI drops to 48.7. Employment, new orders show slight improvement.

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