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Forex Signals Brief May 19 – From Canadian Inflation to Flash PMIs and Wage Data
A pivotal week lies ahead with global inflation prints, central bank decisions, and consumer data poised to shape market sentiment across...
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Last updated: Wednesday, June 4, 2025
Quick overview
- A pivotal week ahead with global inflation data and central bank decisions expected to influence market sentiment.
- The U.S. dollar initially strengthened but faced pressure from softer inflation figures, leading to a brief euro rally.
- Robust employment data in Australia supported the Aussie dollar, while stock markets continued to rise amid improved geopolitical conditions.
- In cryptocurrency, Bitcoin surpassed $100,000, and Ethereum rebounded significantly following a major upgrade.
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MARKETS TREND
A pivotal week lies ahead with global inflation prints, central bank decisions, and consumer data poised to shape market sentiment across currencies, commodities, and risk assets.
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ABOUT THE AUTHOR
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Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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