News Outlook 05 August - 09 August 2024
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Summary
From August 5 to 9, 2024, economic data indicates a strengthening USD. Positive PMI reports and lower unemployment claims in the U.S. support economic stability. In contrast, weak labor data in New Zealand and Canada, along with low inflation in China, weaken their currencies, boosting the USD as a safe haven.
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News Outlook 05 August - 09 August 2024
From August 5 to 9, 2024, economic data indicates a strengthening USD. Positive PMI reports and lower unemployment claims in the U.S. support economic stability. In contrast, weak labor data in New Zealand and Canada, along with low inflation in China, weaken their currencies, boosting the USD as a safe haven.
Duration
1 day
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Financial Analyst
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Cryptocurrency
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