Trending
- WTI Oil – Sharp Pullback Followed by Swift Rebound Signals Healthy Correction Before Renewed Upside Move
- German Consumer Sentiment Seen Deteriorating Further in March – GfK
- AUDUSD Supported by Stronger-Than-Expected Inflation, Though Dovish RBA Governor Caps Upside Momentum
- Japanese Yen Slides Nearly 1% Amid Renewed Monetary Policy Uncertainty
- WTI Oil – Bulls Maintain Control Amid Escalating Supply Disruption Fears
- BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
- Gold breaks above the upper boundary of its recent trading range, triggering a renewed bullish signal.
- U.S. economic growth decelerated sharply in the fourth quarter, falling significantly short of forecasts, while inflationary pressures continued to run high
- UK unemployment rises to highest level in years while pay growth slows, boosting rate-cut bets.
- USDJPY – downside momentum stalls after almost 3% loss this week
Gold has surpassed $2,400 once more, as the worsening geopolitical situation increases demand
Gold briefly rose above the $2,400 mark for the second time, bolstered by heightened safe-haven demand after Israel's attack on Iran early Friday.
Although the metal's price peaked at $2,417, the surge was…
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Strong US data boosts the dollar, yet the potential for a more extensive correction remains
Thursday saw the dollar gaining momentum, propelled by robust US economic indicators. Weekly jobless claims held steady, matching last week's figures, while the Philadelphia Fed manufacturing index surged to a two-year high in April,…
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EURGBP seeks a new signal for direction
EURGBP experienced a decline in early Thursday's trading session, following two unsuccessful attempts to break above the falling 100-day moving average (0.8572) and the formidable resistance zone around 0.8580 (comprising the Fibonacci…
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EURUSD maintains its position, yet full recovery awaits confirmation
The Euro exhibits a positive trend, edging up early Thursday following Wednesday's 0.5% rebound from a recent multi-month low. However, further evidence is required to confirm the initial reversal signal, especially considering the…
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Further decline in oil prices attributed to growing apprehensions regarding demand and diminishing…
Thursday saw another drop in WTI oil prices, extending the previous day's 3% decline, marking the second largest daily loss of 2024 and reaching a new three-week low.
The unexpected increase in US crude inventories, as reported by the…
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Inflation in the EU persists in its downward trend, fueling expectations for the ECB’s June…
Eurozone inflation took a further dip in March, aligning neatly with forecasts and reinforcing speculation about a potential interest rate cut by the European Central Bank (ECB) in June.
The inflation rate in the euro area slipped to…
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Gold Holds Firm Around $2400 Threshold
Following a significant pullback of $100 per ounce from its recent peak, gold has once again approached the psychological threshold of $2400.
Market sentiment remains largely positive, buoyed by ongoing geopolitical tensions and concerns…
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UK Inflation Moderates Slightly in March, Falling Short of Expectations but Maintaining Progress…
British inflation decelerated less than anticipated, reaching a two-and-a-half-year low of 3.2% year-on-year in March, a slight drop from February's 3.4% surge. However, it surpassed the forecasted 3.1%, primarily attributed to a slowdown…
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Sterling gains from UK CPI surpassing expectations by a small margin
The pound saw a rebound from its recent five-month low during early Wednesday trading, spurred by March's UK inflation figures surpassing expectations. This unexpected rise in inflation alleviates pressure on the Bank of England (BoE) to…
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China’s Q1 Economic Growth Surpasses Forecasts
China's economy showed stronger-than-anticipated growth in the first quarter, providing a glimmer of hope for officials grappling with ongoing challenges in the property sector and local government debt.
The…
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