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Gold draws support from retreating USD; holds above $4,150 as traders await US CPI report
Gold (XAU/USD) ticks higher during the Asian session on Wednesday, holding above $4,150 as traders n...
EUR/USD Price Forecast: Gains ground near 1.1150, US CPI awaited
The Euro (EUR) extends its Tuesday’s strong recovery move to near 1.1210 against the US Dollar (USD)...
Gold slips as Iran uranium demands complicate US-Iran negotiations
Gold (XAU/USD) trades with a downside bias on Thursday, struggling to build on the previous day’s rebound from seven-week lows as markets digest fresh headlines surrounding the US-Iran war. At the tim ...
Australian Dollar: Jobs miss secures June pause – TD Securities
TD Securities analysts note Australia’s April jobs report disappointed, with a 18.6k employment drop and unemployment jumping to 4.5% despite lower participation. They argue this earlier-than-expected ...
Euro: Growth worries cap upside against US Dollar – Rabobank
Rabobank's Senior FX Strategist Jane Foley highlights that weak French and German PMI data have undermined Eurozone growth expectations and led markets to question how much the European Central Bank ( ...
US Dollar Index: Consolidation below key resistance – OCBC
OCBC’s FX Strategist Christopher Wong notes the Dollar Index eased as lower UST yields and softer Oil prices reduced safe-haven demand, with the Federal Open Market Committee (FOMC) minutes adding no ...
Mexico Retail Sales (MoM) came in at 0.1%, below expectations (0.5%) in March
Mexico Retail Sales (MoM) came in at 0.1%, below expectations (0.5%) in March
Mexico Retail Sales (YoY) came in at 2.9% below forecasts (3.1%) in March
Mexico Retail Sales (YoY) came in at 2.9% below forecasts (3.1%) in March
British Pound: Rebound on easing fiscal and inflation fears – MUFG
MUFG’s Lee Hardman highlights a strong recovery in the Pound and gilts as UK fiscal and inflation concerns ease. GBP/USD has bounced toward the 200-day moving average, while long gilt yields have fall ...
Australian Dollar underperforms due to risk-off mood, weak Australia labor market data
The Australian Dollar (AUD) trades lower against its major currency peers, is down 0.28% to near 0.7130 against the US Dollar (USD) during the European trading session on Thursday. The antipodean face ...
Euro wavers above eight-week lows with US preliminary S&P Global PMIs on tap
The Euro (EUR) nurses moderate losses against the US Dollar (USD) on Thursday, although it remains within the last few days' range, changing hands at 1.1610 at the time of down from session highs at 1 ...
Pound Sterling Price News and Forecast: GBP declines against US Dollar
The British Pound is down 0.13% to near 1.3415 against the US Dollar (USD) during the European trading session on Thursday.
Fed: FOMC minutes back extended hold – TD Securities
TD Securities analysts highlight that April Federal Open Market Committee (FOMC) minutes showed growing support to drop the easing bias, with many participants and several regional presidents favoring ...
IEA Chief Birol: Oil markets could enter red zone in July-August
International Energy Agency (IEA) Chief Fatih Birol said during the European trading session on Thursday that oil markets could enter "red zone" in July-August as stockpiles deplete and summer demand ...