Trending
- 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 Prices Rise as Investors Reevaluate Economic Outlook
Gold prices saw a notable rise today as investors reassessed the global economic outlook and the monetary policies of major central banks. This increase comes amid declining consumer sentiment in the United States and growing concerns over…
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Oil Prices Rise on Summer Demand Hopes Despite Weak Chinese Data
Oil prices edged higher on Monday as hopes for increased demand from the summer driving season in the northern hemisphere offset disappointing Chinese economic data, highlighting a bumpy recovery for the world's largest crude…
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EURUSD extends its steep decline as political uncertainty dampens sentiment.
EURUSD extends its sharp decline into a second consecutive day, trading near a 1.5-month low on Friday. Fresh risk aversion stemming from growing political uncertainty in France, which is affecting the entire eurozone, has put significant…
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EURGBP hits a new multi-month low, but bears may pause due to oversold conditions.
EURGBP hit a new multi-month low on Friday, reaching its lowest level since early August 2022. It is on track for its biggest weekly loss since early January, following a gap lower at the start of the week due to growing political…
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XAUUSD – Medium-Term Outlook: $2500 Target Remains in Focus, but Consolidation Likely Before Fresh…
Gold is likely to retest the recent record high and challenge the psychological $2500 level in the coming months, as all key factors driving the metal’s price remain supportive.
Persisting geopolitical tensions and threats of…
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EURUSD remains positive despite Powell’s more hawkish-than-expected comments
EURUSD is consolidating within a narrow range on Thursday morning, following a strong rally on Wednesday (up 0.65%), and remains constructive despite Wednesday’s upside rejection and a bull-trap above the converged 10/20DMA’s.…
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Dollar drops sharply on softer-than-expected US May inflation numbers
The US dollar fell across the board in immediate reaction to softer-than-expected US May inflation numbers, reviving hopes for a Fed rate cut in September.
US month-on-month consumer prices were flat in May after a 0.3%…
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Cable remains positive despite weak UK GDP numbers, with all eyes on the US CPI and Fed decisions.
Cable edged higher in European trading on Wednesday, showing little reaction to overall negative UK economic data, including flat GDP in April and sharp declines in construction and manufacturing output. Traders are awaiting the release of…
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UK Economic Growth Slows in April – A Negative Signal for the Conservative Party Ahead of Election
UK month-on-month gross domestic product was flat in April, matching expectations after a 0.4% rise in March. The annualized GDP increased by 0.6% in April, down slightly from 0.7% the previous month, in line with forecasts.…
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USDJPY remains positive, awaiting US inflation data and the Fed decision for new direction signals.
USDJPY remains constructive, probing above the 157 barrier (the upper boundary of the triangular consolidation and the 61.8% Fibonacci retracement of the 160.19/151.85 bear-leg). However, ranges are narrowing ahead of key releases…
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