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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
EURGBP faces resistance from a thin daily cloud, which poses challenges to recovery and increases…
The two-day recovery appears to be losing momentum as it repeatedly struggles to break above the thin daily cloud. The long upper shadows on the daily candles signal continued pressure.
The daily chart's technical outlook remains…
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The Federal Reserve keeps interest rates steady as anticipated, but cautions about high inflation…
The US Federal Reserve maintained interest rates steady following its policy meeting that concluded on Wednesday, as widely anticipated. The Fed hinted at future reductions in borrowing costs but also cautioned about unexpectedly high…
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Bitcoin experiences increased bearish pressure following a breach of the critical $60,000 support…
Bitcoin dropped to its lowest point since February 27 on Wednesday as the downward trend continued for the third consecutive day. This decline was driven by diminishing expectations of imminent Fed rate cuts.
On Monday, Bitcoin broke and…
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U.S. private payrolls exceed expectations in April – ADP
The latest ADP Employment report indicates a stronger-than-expected increase in private payrolls, with 192,000 jobs added in April, surpassing forecasts and maintaining momentum into the second quarter. The data suggests that the labor…
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The Federal Reserve is expected to keep rates unchanged as high inflation diminishes the likelihood…
The Federal Reserve concludes its two-day policy meeting today, with the release of a new statement and remarks from Chair Jerome Powell expected to shed light on how recent disappointing inflation data have…
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Crude oil prices persist in their downward trend, putting pressure on a key support zone
WTI oil prices remain down for the third consecutive day, impacted by rising hopes of a ceasefire agreement in the Middle East and an increase in U.S. crude inventories.
Persistently high U.S. inflation continues to dampen expectations…
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The dollar remains strong as expectations grow for the Federal Reserve to take a more hawkish stance
The dollar maintained its strong tone and reached new multi-month highs early on Wednesday, following a 0.56% surge fueled by stronger-than-expected U.S. data on Tuesday.
The U.S. employment cost index increased more than anticipated…
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Gold prices continue to decline ahead of the Federal Reserve meeting and the release of non-farm…
Gold prices faced renewed pressure on Tuesday, losing around 1.5% so far and breaking through the pivotal $2,300 level, which aligns with key technical support levels such as the psychological barrier, the daily Kijun-sen, and the April…
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Eurozone inflation remained stable in April, strengthening the argument for a potential rate cut by…
Eurozone inflation held steady at 2.4% in April, as anticipated, but core inflation, which excludes volatile items such as food, energy, alcohol, and tobacco, dipped to 2.7% from 2.9% in March, slightly above the expected 2.6%. The…
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Economic activity in China across both manufacturing and services sectors declined in April –…
Recent data from China reveals a deceleration in growth across both the manufacturing and services sectors in April, indicating a loss of momentum for the world's second-largest economy at the start of the second quarter. Although strong…
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