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- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
- USD Index extends losses amid rising rate-cut expectations and firmer gold prices
- EURUSD makes another attempt to break through key Fibonacci resistance
The British pound hits a two-month high after the inflation data release, but bullish momentum lacks…
Cable surged to a two-month high of 1.2761 on Wednesday following the release of UK inflation data for April, which showed a decrease in price pressure below expectations, dampening speculation for a June rate cut by the Bank of…
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Expectations for a Bank of England rate cut in June have been dampened by a smaller-than-anticipated…
Consumer prices in Britain rose by 2.3% year-on-year in April, a significant decrease from the 3.2% increase in March, marking the lowest rate in nearly three years (the CPI was 2.0% in July 2021). However, this rise fell short of the…
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Oil declines for the third consecutive day due to the prospect of ‘higher for longer’…
On Wednesday, oil prices dipped by over 1%, marking a third consecutive retreat. This drop comes amidst expectations that the Federal Reserve might maintain higher interest rates in the U.S. for an extended period due to persistent…
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Gold prices drop from record highs as concerns about interest rates continue
Gold prices fell in Asian trade on Tuesday, retreating from record highs as easing uncertainty over Iran reduced safe haven demand for the yellow metal, while concerns over U.S. interest rates persisted.
Among industrial metals, a rally…
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Oil prices drop due to concerns about demand amid the Fed’s interest rate trajectory
Oil prices continued to decline in Asian trading on Tuesday as investors anticipated ongoing U.S. inflation and higher interest rates, which could reduce consumer and industrial demand.
Brent crude futures dropped 57 cents, or…
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Gold prices have reached an all-time high, driven by geopolitical tensions and a surge in demand for…
Gold prices hit a record high in Asian trading on Monday, driven by heightened geopolitical tensions in the Middle East, which increased the demand for safe-haven assets. Additionally, a broader rally in metal markets contributed…
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Oil prices rise following the death of Iran’s president and concerns over the health of the…
Oil prices extended gains on Monday amid political uncertainty in major producing countries after Iran's president died in a helicopter crash and Saudi Arabia's crown prince canceled a trip to Japan due to concerns over the king's health.…
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Oil prices hold steady; poised for weekly gains on demand optimism
Oil prices edged higher on Friday and were on track for a positive week, buoyed by milder U.S. inflation, shrinking U.S. inventories, and increased Chinese stimulus, which fueled hopes of rising demand.
Brent oil futures rose…
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Gold prices reduce some weekly gains as expectations for rate cuts diminish
Gold prices fell slightly on Friday, trimming some of their weekly gains as comments from several Federal Reserve officials presented a more cautious outlook on interest rate cuts.The yellow metal had surged to nearly $2,400 an ounce…
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GBPUSD bulls are pausing their advance following a five-day rally.
The pound eased from its new multi-week high of 1.2700 on Thursday, encountering resistance from significant levels at the 1.2700 zone, including the top of the daily Ichimoku cloud and the peaks of April 9-10.…
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