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The pound eased from its new multi-week high of 1.2700 on Thursday, encountering resistance from significant levels at the 1.2700 zone, including the top of the daily Ichimoku cloud and the peaks of April 9-10.…
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The most recent US consumer price data suggests that April's inflation uptick fell below expectations, indicating a continued downward trajectory into the second quarter. This news has strengthened market…
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The Euro maintains a robust stance, reaching a fresh five-week high in early European trading on Wednesday. A new bullish wave, extending into the third consecutive day, breaches pivotal barriers around the…
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In March, British wages outpaced expectations, registering a notable 6.0% increase in the first quarter of 2024 compared to the same period the previous year. This slightly exceeded the consensus forecast of…
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Oil prices rebounded on Monday, recovering from mild losses the previous week as traders assessed mixed Chinese inflation data ahead of crucial U.S. inflation reports scheduled for this week. Brent oil futures…
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Gold prices pulled back during Asian trading on Monday, consolidating recent gains as traders leaned towards the dollar in anticipation of crucial U.S. inflation figures later in the week. Last week, the yellow metal exhibited strength…
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Oil prices climbed on Friday and are poised to end the week on a positive note, buoyed by signs of growing demand in both the U.S. and China and ongoing tensions in the Middle East. As of 08:40 ET (12:40 GMT), Brent oil futures rose 0.5%…
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Gold prices climbed in Asian trading on Friday, continuing their upward trend from the previous session as signs of a cooling U.S. labor market impacted the dollar and Treasury yields, boosting the appeal of gold. The precious metal was…
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Gold prices have remained stable in recent weeks after a sharp drop last month due to concerns about a potential escalation in the Middle East conflict. Today, XAU/USD held its position as investors anticipated…
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Oil prices climbed on Thursday as the decline in U.S. crude inventories and increased Chinese imports fueled optimism for demand growth in the world's two largest crude-consuming countries. Brent crude futures…
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