In the FX market EURUSD rose 0.24% to 1.1851 and GBPUSD made a triple top near 1.336 and it closed the session at 1.3309, down 0.12%. USDJPY closed unchanged and USDCAD rose to 1.2713, up 0.13%. USDCHF slid for the third consecutive session and closed at 0.9818, down 0.02%.
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The dollar weakened even further amid a strengthening euro, while disappointing PMI readings added further losses to the currency. Business confidence in Germany reached new record highs in November, with the headline business climate index jumping by 0.9 points to 117.5 compared to the …
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Stock market buyers were caught up in the orgy of buying today, especially in shares of Amazon, which continues to dominate retail. AMZN shares climbed 2.5% to a record $1186. That puts Jeff Bezos' share at more than $100 billion and makes him more than $10 billion richer than Bill Gates, who is the …
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