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In February, British inflation displayed a slight easing, surpassing initial forecasts. This development has fueled expectations that the Bank of England might initiate interest rate cuts in the near future. Annual…
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The USDJPY pair surged nearly 1% following a significant policy shift by the Bank of Japan (BOJ), signaling a dovish stance that suggests any future tightening of policies will be gradual. This move accentuates the already substantial…
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After nearly a decade of maintaining negative interest rates, the Bank of Japan (BOJ) has opted for a significant policy shift. This marks a departure from its previous strategy of stimulating economic growth through extensive monetary…
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The price of WTI oil surged on Thursday, surpassing the significant psychological threshold of $80 and aiming for its first daily close above this mark since November 6th. Positive sentiment in the near term received a boost…
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In early Thursday trading, the Cable is testing above the 1.2800 level, suggesting that the recent shallow correction from its recent 8-month high of 1.2893 may have run its course The two-day pullback found support around the rising…
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Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears of higher-for-longer interest rates in play The yellow metal was also hit with a degree of…
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Oil prices surged on Wednesday, buoyed by robust global demand projections, particularly from the United States, the world's leading consumer of oil. Despite lingering concerns about inflation in the U.S., market sentiment remained largely…
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