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Lilly Soars After Pill Shows Its as Good as Ozempic

Eli Lilly & Co. shares surged following data showing its experimental pill helped diabetic patients lose similar amounts of weight to injectable GLP-1 medications, bringing it one step closer to becoming a needle-free alternative to weight-loss shots.

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Dollar Index: Narrow Consolidation to Precede Fresh Push Lower While 100 Level Caps

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The dollar index remains within a narrow consolidation above new multi-month low which extends into fifth consecutive day. Larger bears are taking a breather after a sharp fall in past two weeks, when the dollar was deflated by imposed and subsequent delayed massive US import tariffs that dented investors’ confidence in US economic stability. Technical […]

The post Dollar Index: Narrow Consolidation to Precede Fresh Push Lower While 100 Level Caps appeared first on Action Forex.

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GBP/USD Price Forecast: Rally pauses near 1.3300

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The GBP/USD pair ticks lower to near 1.3230 during European trading hours on Thursday. The Cable edges lower as the US Dollar (USD) attracts some bids on meaningful progress in trade talks between the United States (US) and Japan.

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Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott

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Target CEO Brian Cornell will meet with the Rev. Al Sharpton as the company contends with a slump in foot traffic after walking back some DEI initiatives.

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Infosys Forecasts Slowing Sales Growth on Sluggish IT Spending

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Infosys Ltd. predicted slowing sales growth for this year, as corporations curtail large information technology projects to prepare for geopolitical and economic challenges.

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Turkey Surprises With Rate Hike in Bid to Gain Market Confidence

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Turkey raised its main interest rate on Thursday, in a surprise move as the central bank seeks to reassure investors after domestic turmoil and US tariff plans led the lira to sell off.

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Gold off from fresh all-time highs on progress in US-Japan trade talks

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Gold price (XAU/USD) corrects slightly to near $3,312 in Thursday’s European session after hitting a fresh all-time high of $3,358 earlier in the day.

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American Express Affirms Outlook as Affluent Customers Spend On

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American Express Co. maintained its full-year guidance for revenue growth and profit as its wealthier clientele continue to spend in spite of tariff-induced volatility and uncertainty.

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Ukraine Holds Key Interest Rate as Inflation Seen Easing Soon

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Ukraine’s central bank halted a series of interest-rate increases as policymakers expect inflation to start easing, though they pledged to maintain policy flexibility.

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Congress Is Prioritizing a Tax Break That Few Americans Will Claim

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Data shows that even in wealthy congressional districts, the average person isn’t much affected by the state and local tax deduction lawmakers are trying to boost.

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