US: Real GDP contracts at an annual rate of 1.6% (final) in Q1

The real Gross Domestic Product (GDP) of the United States contracted at an annual rate of 1.6% in the first quarter, the US Bureau of Economic Analys
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AUD/USD bounces off two-week low, keeps the red below 0.6900 as traders await Powell

The AUD/USD pair stalled its intraday decline near the 0.6960 area and recovered a few pips from a two-week low touched earlier this Wednesday. The pa
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