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Forex news

Dollar stabilizes and pound,euro rise at end of weekly trading

 The US dollar index fell from its highest level in two and a half years this week to trade at 97.62, where the pound recorded its best gains since 1985 and the Chinese yuan fell abroad as economic data deteriorated. However, the 10-year US Treasury bonds barely moved, recording at 1.754% in early European trade. Merkel: Delaying Brexit is inevitable if lawmakers reject the deal German Chancellor Angela Merkel told…

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Commodities news

Gold metal declined as the dollar stabilized and global stocks fell

Gold fell Friday to record a one-week low as the dollar stabilized, as the British parliament's vote on a draft Brexit deal reached by the United Kingdom and the European Union. The stability of the dollar and the decline of global stocks Global stocks fell on Friday after China posted its weakest quarterly economic growth rate in three decades, underscoring investor concern about trade-related slowdowns in major markets around the…

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Stocks and Indices news

Major European stock markets opens in red as Brexit slows

Major European stock markets began trading in the red on Friday as the newly agreed Brexit deal faces a vote in parliament in London on Saturday. British Prime Minister Boris Johnson said he was "very confident" that lawmakers would support the Brexit deal. However, the government lacks the support of the Christian Democrats, which has said it will not support the deal and urges conservatives to take the same position.…

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