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Forex
US weekly Initial Jobless Claims decline to 211K vs. 222K expected
Initial Jobless Claims in the US declined by 9,000 in the week ending December 28.
US Dollar Index clings to strong gains above 108.50 after the data.…
EUR/USD is bruised by dominating US Dollar
EUR/USD declines below a two-year low of 1.0330 as the US Dollar gains further.
The USD gains as the Fed has guided fewer rate cuts in 2025.
Investors…
USD/CAD gains above 1.4400 as US Dollar dominates on Fed’s cautious policy outlook
USD/CAD climbs above 1.4400 as the US Dollar refreshes two-year high.
The Fed is expected to follow a moderate rate-cut cycle this year.
Investors await…
Trump 2.0: Implications for ASEAN – Standard Chartered
We consider three scenarios of potential US-led tariffs on China and ASEAN. VN, TH and MY may benefit the most short-term in Scenario 1 due to export…
A year of upsetting everyone – UBS
2025 is the best of times, and the worst of times; an epoch of belief, an epoch of incredulity. In an increasingly polarized world, people will cling to one…
Gold price appreciates due to a potential central bank purchases this year
Gold price continues to extend gains following an impressive 27% gain, marking the strongest annual performance since 2010.
The precious metal Gold receives…
NZD/USD rises above 0.5600 due to a potential recovery in China’s economy
NZD/USD appreciates as traders closely monitor signs of a potential recovery in China's economy.
Chinese President Xi Jinping announced on Tuesday that…
Forex Today: US Dollar holds near multi-year highs to begin 2025
Here is what you need to know on Thursday, January 2:
The US Dollar (USD) Index gained more than 2.5% in December and closed the third consecutive month in…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 23,575.13 Pakistani Rupees (PKR) per gram, up…
USD/INR jumps on high US Dollar demand, investors await India’s PMI data
The Indian Rupee tumbles in Thursday’s Asian session.
USD bids from importers and subdued foreign inflows continue to undermine the INR.
Investors brace…