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Forex
The Yen is far from being saved from further weakness – Commerzbank
USD/JPY scratched the 152.00 level. Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes the pair’s outlook.
The MOF's firepower is…
Gold price rises on firm Fed rate cut projections, US core PCE inflation eyed
Gold price jumps higher as expectations that the Fed will cut interest rates in June remain firm.
The Fed appears to be confident that inflation is easing…
USD/JPY: Another leg higher needed for actual FX intervention to be deployed – ING
The most notable moves in G10 since the start of the week have been the further sell-off in G10 low-yielders: Swiss Franc (CHF) and Japanese Yen (JPY).…
India Gold price today: Gold rises, according to MCX data
Gold prices rose in India on Wednesday, according to data from India's Multi Commodity Exchange (MCX).
Gold price stood at 66,171 Indian Rupees (INR) per 10…
SEK still looks a bit fragile in the near term – ING
The Riksbank announces monetary policy today. Economists at ING analyze the Swedish Krona (SEK) outlook ahead of the decision.
Riksbank to resist dovish…
EUR/USD Price Analysis: The potential support level is located near 1.0800
EUR/USD loses traction around 1.0830 on the renewed USD demand on Wednesday.
The pair maintains the bearish outlook above the key EMA; RSI lies below the…
BoJ’s Ueda: Accommodative financial conditions are expected to continue for time being
Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that “based on our current economic and price projections, accommodative financial conditions are…
USD/INR loses upside traction on likely RBI intervention
Indian Rupee recovers its recent losses despite the firmer US Dollar.
The robust Indian economic outlook could strengthen the INR amid slowing global…
Nikkei (NKD_F) looking to end impulsive rally [Video]
Short term Elliott Wave view in Nikkei (NKD) suggests pullback to 38136 on 3.12.204 low ended wave 4. Index then turns higher in wave 5. The rally from…
Japanese Yen languishes near YTD low against USD, seems vulnerable to slide further
The Japanese Yen continues losing ground for the third successive day on Wednesday.
The uncertainty over the BoJ’s future policy steps continues to…