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Forex
Dow Jones Industrial Average tests new all-time high before rotating into the downside
Dow Jones briefly tipped into a new record high, but cautious tones remain.
Fedspeak dominates headlines on quiet Monday, risk appetite hesitates.
Rate…
Mexican Peso climbs even as Retail Sales fall short
Mexican Peso rises 0.26% against US Dollar and dives below 16.60.
Weak March Retail Sales data from INEGI ahead of Q1 GDP release and Banxico minutes.…
US Dollar stands steady as market anticipates FOMC minutes
DXY Index is neutral, trading at 104.25, setting up for a quiet weekly start.
Weaker data drives Fed officials' cautious stance, and financial conditions…
Stocks: Is short-term uncertainty just a pause within an uptrend?
Friday’s trading session wasn’t a game-changer as the S&P 500 index remained within a short-term consolidation, gaining 0.12%. Last Thursday, it reached a…
Pound Sterling advances slightly above 1.2700, UK inflation comes under spotlight
The Pound Sterling holds strength near 1.2700 as investors turn risk-averse on firm Fed rate-cut hopes.
April’s UK headline inflation is expected to return…
Fed’s Barr: Fed in good position to hold steady and watch economy
Federal Reserve Vice Chair for Supervision Michael Barr said on Monday that the Fed is in a good position to hold the policy steady and watch the economy, per…
Mexican Peso pares early gains after Retail Sales data
The Mexican Peso reverses its early rally on Monday after the release of weak Mexican Retail Sales data.
The data wipes out gains made from hawkish remarks…
Gold rises to all-time high on haven demand, shifting Fed expectations
Gold price rises on safe-haven demand after news of the President of Iran’s death ignites tensions in the region.
Gold rises as a general fracturing of the…
US Dollar extends retracement on Fed-packed Monday
The US Dollar eases further at the start of a fresh week.
The Greenback pulls back with risk on sentiment taking over.
The US Dollar Index hovers around…
USD/INR depreciates toward 83.00, Indian markets closed due to general election
USD/INR continues to lose ground due to the improved risk appetite on Monday.
The US Dollar faced a challenge as softer US inflation sparked speculation…