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- Gold extends gains above $3400, US inflation data in spotlight
- Dollar Index – recovery extends as bulls test critical resistances
- BTC/USD – bearish pressure persists while price remains under cloud base
- Gold rises amid heightened uncertainty following Trump’s firing of Fed Governor
- BTCUSD – bears back in control though key support remains resilient
- WTI extends rebound on supply concerns and fading optimism over peace talks
- US Dollar Index – temporary stabilization ahead of possible renewed downside pressure
- Dollar–yen recovers momentum following recent drop
- Economic activity in Germany weakens sharply in second quarter
- Dollar index holds steady ahead of Powell’s remarks
EURUSD reaches a five-week peak and probes a critical resistance area before the unveiling of US CPI…
The Euro maintains a robust stance, reaching a fresh five-week high in early European trading on Wednesday. A new bullish wave, extending into the third consecutive day, breaches pivotal barriers around the…
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UK labor statistics provide modest backing for a potential rate reduction in June
In March, British wages outpaced expectations, registering a notable 6.0% increase in the first quarter of 2024 compared to the same period the previous year. This slightly exceeded the consensus forecast of…
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Oil prices increase following the release of Chinese inflation data, with attention now turning to…
Oil prices rebounded on Monday, recovering from mild losses the previous week as traders assessed mixed Chinese inflation data ahead of crucial U.S. inflation reports scheduled for this week.
Brent oil futures…
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Gold prices decrease as US inflation examination approaches
Gold prices pulled back during Asian trading on Monday, consolidating recent gains as traders leaned towards the dollar in anticipation of crucial U.S. inflation figures later in the week.
Last week, the yellow metal exhibited strength…
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Oil prices are expected to rise this week due to increased demand and ongoing tensions in the Middle…
Oil prices climbed on Friday and are poised to end the week on a positive note, buoyed by signs of growing demand in both the U.S. and China and ongoing tensions in the Middle East.
As of 08:40 ET (12:40 GMT), Brent oil futures rose 0.5%…
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Gold prices increase, poised for weekly gains after soft US labor data pressures yields
Gold prices climbed in Asian trading on Friday, continuing their upward trend from the previous session as signs of a cooling U.S. labor market impacted the dollar and Treasury yields, boosting the appeal of gold.
The precious metal was…
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Gold Prices Remain Steady Amid Awaited U.S. Economic Data
Gold prices have remained stable in recent weeks after a sharp drop last month due to concerns about a potential escalation in the Middle East conflict. Today, XAU/USD held its position as investors anticipated…
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Oil rebounds on US crude stock drawdown and increase in Chinese imports
Oil prices climbed on Thursday as the decline in U.S. crude inventories and increased Chinese imports fueled optimism for demand growth in the world's two largest crude-consuming countries.
Brent crude futures…
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Crude oil prices continued to decline due to increasing worries about demand
WTI oil prices declined early on Wednesday as the unexpected increase in US crude inventories heightened concerns about weakening demand.
This fresh downturn fell below the base of the rising daily Ichimoku cloud and broke through pivot…
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GBPUSD trading decelerates as markets await the Bank of England’s policy decision on Thursday
Cable remains in a narrow trading range on Tuesday as traders await new signals from this week's key economic event for sterling: the Bank of England's monetary policy meeting on Thursday.
Today's data, including UK construction PMI…
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