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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
Swiss National Bank’s Unexpected 25 Basis Points Interest Rate Reduction Rocks Markets
In a surprising move, the Swiss National Bank (SNB) has reduced its main interest rate by 25 basis points to 1.50%, diverging from the widely held expectation of maintaining rates at 1.75%.
This unexpected decision positions the SNB as…
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Bullish Sentiment Holds Firm on Dollar Index Amid Fed’s Expected Hawkish Stance
The dollar index continues its upward trajectory, reaching a two-week high on Wednesday. This surge is fueled by optimistic sentiments regarding the Federal Reserve's forthcoming monetary policy decision. The central bank's anticipated…
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Pause in Decline Above Strong Support Area, Awaiting Federal Reserve Comments for Direction
Bitcoin managed to rebound above $63,000 on Wednesday morning following a pullback from its recent peak, finding support just above the crucial Fibonacci level at $60,340 (38.2% retracement of the rally from $38,501 to $73,839) and the…
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British Inflation Dips Below Predictions, Fueling Anticipation of BoE Rate Reductions Later in 2024
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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Yen Weakens as Fed/BOJ Rate Gap Widens Further
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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Bank of Japan Lifts Interest Rates for the First Time in 17 Years
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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Gold prices sink below $2,150 ahead of Fed meeting; copper rally cools
Gold prices slipped below the $2,150 mark in Asian trading on Monday, as investors shied away from non-yielding assets ahead of the Federal Reserve meeting later in the week, which is expected to provide further insight into interest rate…
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Oil prices are on the rise as attacks on Russian energy facilities escalate.
Brent crude oil, a key benchmark, edged close to $86 per barrel on Monday, continuing its upward trend from last week. This increase comes as Ukraine intensifies its strikes on Russian energy infrastructure
Futures for Brent crude oil…
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Oil prices are on an upward trajectory, buoyed by an optimistic demand forecast.
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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GBPUSD maintains a positive outlook ahead of key US data releases.
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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