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- Eurozone inflation exceeded expectations in April, but the European Central Bank is still expected to proceed with a rate cut in June.
- Gold – Break below key $3300 support zone signals potential trend reversal
- The Dollar Index is heading for its largest monthly decline since November 2022
- Gold retests key support levels as easing trade tensions weigh on safe-haven demand
- WTI crude extends losses as sentiment weakens amid fading hopes for trade talks
- USD/JPY – Repeated upside rejections keep the pair vulnerable to downside risks
- Cable maintains a constructive outlook but will likely continue to encounter strong resistance at the key 1.3434 barrier
- Gold tests key support levels once again, but early signals still await confirmation
- USDJPY lifted by renewed risk appetite, but clear directional signals remain elusive
- WTI Crude – Recovery Struggles Below Key Fibonacci Resistance
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