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Market Update

USD Maintains Rising Streak

The US Dollar (USD) is rising across the board on Tuesday, supported by improved demand on concerns about the Coronavirus. The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is up by 0.67% at 90.65. The index has been moving today in …

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US Existing Homes Sales Fall in November

Existing homes sales in the United States decreased for the first time in six months during November, data showed on Tuesday. Sales of previously owned homes fell by 2.5% last month, after reaching its highest level in about 15 years during October, to an annualized rate of 6.69 million units, …

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US Consumer Confidence Declines in December

Consumer confidence in the United States declined for the second month in a raw in December, reaching its lowest level since August, amid a new wave of the Coronavirus pandemic. The consumer confidence index plunged to 88.6 in December from a revised reading of 92.9 in November, according to data …

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