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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
April sees US inflation rise slightly below expectations, signaling positively for the Federal…
The most recent US consumer price data suggests that April's inflation uptick fell below expectations, indicating a continued downward trajectory into the second quarter. This news has strengthened market…
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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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