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Forex
US Dollar likely to continue to trade on a stronger footing this week – MUFG
The US Dollar Index (DXY) has moved back above the 105.00 level for the first time since the middle of November. Economists at MUFG Bank analyze USD outlook.…
Gold Price Forecast: XAU/USD pull-back looks likely without fresh supporting fundamentals in Q2 – ANZ
Gold (XAU/USD) has risen above $2,200. Economists at ANZ Bank analyze the yellow metal’s outlook.
The timing and pace of the easing cycle will be crucial…
Pound Sterling remains on backfoot due to risk aversion, easing UK Inflation
The Pound Sterling consolidates, although easing UK inflation keeps its broader appeal weak.
UK’s shop price inflation grew 1.3% in March, the slowest pace…
EUR/JPY Price Analysis: Loses momentum under 163.00, further downside looks favorable
EUR/JPY edges lower to 162.75 amid the fear of FX intervention from the Bank of Japan (BoJ).
The cross keeps the negative outlook below the key EMA; RSI…
Pound Sterling struggles to gain ground near 1.2545
GBP/USD remains on the defensive below 1.2550 amid firmer US Dollar, upbeat US PMI data
The GBP/USD pair remains on the defensive around 1.2545 during the…
USD/INR drifts higher following Indian Manufacturing PMI data
Indian Rupee struggles to gain ground on Monday amid a stronger USD.
India’s HSBC Manufacturing PMI came in at 59.1 against 56.9 prior, worse than…
ASX 200 pulls back after reaching record highs, trades around 7,870
ASX 200 Index corrects after reaching record highs on Tuesday.
Australia’s market sentiment improved due to the positive manufacturing performance in China.…
Australian Dollar hangs below a psychological mark amid a stable US Dollar
Australian Dollar retraces its recent losses amid a stronger US Dollar.
RBA minutes revealed that the board did not consider the possibility of increasing…
Japanese Yen remains vulnerable near multi-decade low against USD
The Japanese Yen fails to lure buyers despite intervention fears and the risk-off impulse.
The BoJ’s cautious outlook continues to undermine the JPY and…
RBA Minutes: The bank did not consider the case for an interest rate rise
The Reserve Bank of Australia (RBA) published the Minutes of its March monetary policy meeting on Tuesday, highlighting that the Board members did not consider…