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Forex
Pound Sterling moves higher on slower decline in UK inflation data
The Pound Sterling recovers above 1.2400 against the US Dollar as UK inflation rose higher than expected in March.
UK’s annual headline and core CPI grew by…
Gold price turns sideways as Fed Powell hawkish guidance limits upside
Gold price struggles for a direction as the Fed’s “higher for longer” interest-rates stance offsets safe-haven demand.
Fed Powell supports keeping interest…
EUR/USD enters oversold zone in the 1.0600s ahead of final Eurozone inflation reading
EUR/USD edges down ahead of HICP inflation data for the Eurozone.
Speeches by several key ECB governing council members could also impact EUR/USD. …
Forex Today: UK inflation data support Pound Sterling, US Dollar consolidates before Fedspeak
Here is what you need to know on Wednesday, April 17:
The US Dollar holds steady against its major rivals after ending Tuesday on a bullish note. The US…
Breaking: UK CPI inflation softens to 3.2% in March vs. 3.1% forecast
United Kingdom CPI rose 3.2% YoY in March vs. 3.1% estimate.
British inflation steadied at 0.6% MoM in March.
GBP/USD jumps toward 1.2450 on UK CPI…
Pound Sterling attracts some sellers to 1.2430 on the stronger USD
GBP/USD remains on the defensive above 1.2420, eyes on UK CPI data
The GBP/USD pair remains on the defensive around 1.2430 during the early Asian session on…
Gold Price Forecast: XAU/USD remains steady above $2,350 amid market caution
Gold price hovers close to record highs amid market caution ahead of Israel's response to Iran's assault.
Israel's third meeting of the war cabinet,…
USD/CAD pulls back amid US Dollar correction, lower crude Oil prices
USD/CAD retreats from a five-month high of 1.3846 reached on Tuesday.
The decline in crude Oil prices might have contributed to undermining the Canadian…
Australian Dollar bounces back from five-month lows amid a steady US Dollar
Australian Dollar recovers recent losses on improved market sentiment on Wednesday.
Australian labor data for March are scheduled to be released on…
EUR/USD extends its downside below 1.0630, focus on ECB’s Lagarde speech
EUR/USD remains on the defensive around 1.0615 in Wednesday’s early Asian session.
Fed’s Powell said it's appropriate to allow restrictive policy to…