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Forex
Iranian Oil defies sanctions amid rising global demand – Commerzbank
The fact that prices are not falling more sharply is mainly due to fears of further sanctions, Commerzbank's commodity analyst Barbara Lambrecht notes.…
Gold hits record high on US shutdown fears – Commerzbank
Gold surged to a new all-time high above USD 3,850 per troy ounce, fueled by safe-haven demand amid looming US government shutdown concerns and continued ETF…
Platinum is the outperformer of recent days – Commerzbank
However, Platinum has recorded by far the strongest gains in recent days: since the beginning of last week, the price has risen by around $200 or around 16%,…
Breaking: US JOLTS Job Openings rise to 7.22 in August vs. 7.2 million forecast
The number of job openings on the last business day of August stood at 7.22 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and…
US CB Consumer Confidence Index dropped to 94.2 in September
US CB Consumer Confidence Index recedes in September.The US Dollar Index remains on the back foot near 97.80.US consumer sentiment lost momentum in September,…
Eurozone FX Today: Euro remains calm as traders eye September inflation data
The Euro (EUR) is holding steady against the US Dollar (USD) on Tuesday, with the EUR/USD pair hovering around 1.1725 at the time of writing, with no clear…
Gold trades below record highs after dip to $3,800, focus turns to US shutdown risk
Gold steadies after setting a fresh all-time high near $3,871 on Tuesday.US shutdown fears rise after White House talks fail to reach a deal.US data failed to…
EUR/USD extends gains as US Dollar falters on weak Consumer Confidence, shutdown fears
EUR/USD extends its gains for a third consecutive day as the US Dollar remains on the defensive.Softer US Consumer Confidence and looming government shutdown…
United States FX Today: The US Dollar edges lower before the ISM Manufacturing PMI
The US Dollar (USD) is weakening on Tuesday, with the US Dollar Index (DXY) trading down 0.2% at the time of writing, as investors position themselves ahead of…
GBP/USD extends winning streak as US shutdown fears hit US Dollar
Pound Sterling climbs above 1.3460 as US budget gridlock sparks worries of shutdown disrupting key economic data releases.US Job Openings rise to 7.227…