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- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
Gold remains under pressure and targets key support levels
Gold prices extended their decline on Tuesday morning, following a two-day sharp drop (down 2.5%) that paused on Monday.
A stronger dollar, driven by growing expectations of elevated U.S. interest rates, continues to pressure the metal’s…
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Anticipation of sustained higher Federal Reserve interest rates to support the dollar in the long…
The dollar index strengthened in early Tuesday trading, nearing the recovery highs from the December 6 low of 105.37.
Despite Friday and Monday forming Doji candles signaling indecision, the pattern likely reflects a brief consolidation…
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Gold prices hold steady ahead of Fed rate decision; copper declines on weak China data
Gold prices remained subdued in Asian trade on Monday, consolidating recent losses as investors stayed focused on the U.S. dollar ahead of the Federal Reserve’s final meeting of the year.
Meanwhile, copper prices came under pressure due…
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Oil prices dip amid weak Chinese spending data
Oil futures retreated from multi-week highs on Monday, weighed down by disappointing consumer spending data from China, the world’s largest oil importer.
Brent crude futures declined by 32 cents, or 0.4%, to $74.17 per barrel by 1300…
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GBP/USD extends decline following weak UK economic data; potential consolidation may precede another…
GBP/USD extended its decline on Friday, remaining in the red for the third consecutive session as a stronger dollar and unexpectedly weak UK October GDP figures weighed on the pair.
The fresh weakness tested support at 1.2618 (last…
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EUR/USD – ECB rate cut and dovish stance deepen bearish fundamentals
EUR/USD – Post-ECB trading remains choppy, with the pair confined to a 50-pip range, offering little clarity on near-term direction.
The European Central Bank’s 25-basis-point rate cut and dovish tone, signaling openness to further…
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Swiss Franc weakens following an unexpected 0.50% rate cut by the Swiss National Bank (SNB)
USD/CHF surged to a two-week high with a 0.8% jump on Thursday morning, following an unexpected 50 basis points rate cut by the Swiss National Bank (SNB), reducing the rate from 1% to 0.50%. The move surprised markets, which had anticipated…
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Oil prices hold steady as concerns over weak demand counterbalance supply risks from sanctions
Oil prices remained relatively stable on Thursday as concerns over weak demand and a larger-than-expected rise in U.S. gasoline and distillate inventories offset gains driven by additional EU sanctions threatening Russian oil supplies.…
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AUD/USD declines amid indications of a dovish shift from the Reserve Bank of Australia (RBA)
AUD/USD declined on Tuesday morning after the Reserve Bank of Australia (RBA) kept interest rates steady at 4.35% but adopted a softer tone compared to its previous meeting. The RBA refrained from ruling out future policy moves, reviving…
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EUR/GBP – Broader bearish trend remains dominant, targeting the critical 0.8200 support zone
EUR/GBP remains on the back foot on Monday, retracing further from Thursday’s spike, indicating that the near-term correction (from the 0.8260 low) may be nearing its end.
The broader downtrend continues to dominate, supported by firmly…
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