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Forex
Fed minutes keep hikes on table – Danske Bank
Danske Bank’s Danske Research Team reports that FOMC minutes showed policymakers generally expect US inflation to keep easing toward 2%, but with a hawkish twist as several…
Dow Jones futures gain due to rebound in technology shares
Dow Jones futures edge higher 0.06% to around 49,750 during European hours on Thursday. S&P 500 and Nasdaq 100 futures gain 0.22% and 0.34%, respectively, trading near 6,910…
Stickier services complicate rate-cut path – Deutsche Bank
Deutsche Bank’s Sanjay Raja argues January’s UK inflation data will be uncomfortable for the Bank of England, with services and core CPI overshooting MPC projections. The bank…
Holds key 20-day EMA amid firm US Dolla
The USD/CAD pair clings to Wednesday’s gains near 1.3700 during the European trading session on Thursday. The Loonie pair shows strength as the US Dollar (USD) trades broadly firm,…
Gold remains below $5,000 as hawkish Fed counters geopolitical risks
Gold (XAU/USD) extends its sideways consolidative price move through the Asian session on Thursday and remains below the $5,000 psychological mark as traders seem hesitant amid…
Gold price in Malaysia: Rates on February 19
Gold prices fell in Malaysia on Thursday, according to data compiled by FXStreet.The price for Gold stood at 625.57 Malaysian Ringgits (MYR) per gram, down compared with the MYR…
USD/CHF treads water above 0.7700 ahead of Swiss Trade Balance data
USD/CHF remains in the negative territory after paring daily losses, trading near 0.7720 during the Asian hours on Thursday. The pair struggles as the Swiss Franc (CHF) draws…
AUD/JPY holds steady near 109.00 after Australia jobs data
The AUD/JPY cross trades on a flat note near 109.00 during the Asian trading hours on Thursday. The release of the Australian employment report for January fails to boost the…
RBNZ’s Breman says will adjust policy if inflation outlook changes
Reserve Bank of New Zealand’s (RBNZ) new Governor Anna Breman said on Thursday that if the outlook for inflation changes, committee will adjust policy stance to ensure inflation…
Gold rises above $4,950 as US-Iran tensions boost safe-haven demand
Gold price (XAU/USD) holds positive ground near $4,985 during the early Asian session on Thursday. The precious metal recovers amid shifts in geopolitical sentiment, boosting…