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Forex
US Dollar sidelined with US markets closed
The US Dollar trades flat on Wednesday despite sluggish US Retail Sales.
Markets face a relatively quiet trading day, with US markets closed in observance…
Pound Sterling edges higher as sticky UK service CPI dents BoE early rate-cut bets
The Pound Sterling moves higher above 1.2700 as the UK inflation cools down further in line with expectations.
UK service inflation remains sticky, which…
Mexican Peso to recover to 17.00s against the USD, say analysts
The Mexican Peso could recover to the 17.00s according to analysts, as election risk eases.
Mexico’s high interest rates are likely to be the driver as…
Market breadth divergence: Bullish or bearish? [Video]
Watch the free-preview video above extracted from the WLGC session before the market opens on 18 Jun 2024 to find out the following:
What does the…
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 6,250.22 Indian Rupees (INR)…
Breaking: UK CPI inflation cools down to 2.0% YoY in May, as expected
United Kingdom annual CPI rose 2.0% in May vs. 2.0% estimates.
British inflation steadies at 0.3% MoM in May, meets forecast.
GBP/USD holds above 1.2700…
Pound Sterling Price News and Forecast: GBP/USD remains confined in a narrow range ahead of the UK CPI
GBP/USD consolidates in a range around 1.2700 mark, eyes UK CPI for fresh impetus
The GBP/USD pair struggles to gain any meaningful traction on Wednesday and…
Japan’s FinMin urges government to issue shorter term debt to reduct interest-rate risk
Having reviewed a draft proposal, Reuters reported that the Japanese Finance Ministry panel is likely to urge the government to issue shorter-duration debt to…
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in United Arab Emirates on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at…
USD/INR recovers despite weaker US Retail Sales data spurs Fed rate cuts bet
Indian Rupee (INR) loses ground on Wednesday despite the weaker US Dollar.
The ongoing India inflows might support the INR, while higher crude oil prices…