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Forex
Gold stays subdued below $4,200 as traders await key US data
Gold (XAU/USD) recovers slightly from the daily low, though it keeps the red below the $4,200 mark through the first half of the European session on Thursday amid mixed fundamental…
Swedish inflation undershoots expectations – ING
Sweden’s inflation slowed more than expected in November, but the Riksbank is unlikely to shift dovish given improved growth and cautious guidance, ING's FX analyst Francesco…
Indian Rupee weakens further amid continuous outflow of foreign funds from India
The Indian Rupee (INR) slumps for the seventh trading day in a row against the US Dollar (USD) on Thursday. The USD/INR pair posts a fresh all-time high around 90.70 at open as the…
XAG/USD’s rally hits pause near $59, upside bias remains intact
Silver price (XAG/USD) trades 0.8% lower to near $58.00 during the late Asian trading session on Thursday from its all-time high around $59.00 posted on Wednesday. The white metal…
Gold price in Pakistan: Rates on December 4
Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet.The price for Gold stood at 38,131.00 Pakistani Rupees (PKR) per gram, down compared with the PKR…
WTI rises to near $59 as Ukraine attacks Russian energy facilities
West Texas Intermediate (WTI) futures on NYMEX trade 0.25% higher to near 59.00 during the Asian trading session on Thursday. The Oil price gains as Ukraine’s attack on the Druzhba…
Japan’s Kihara: Concerned about forex move
Japanese Chief Cabinet Secretary Minoru Kihara said in a statement on Thursday, he is “concerned about forex move.”Additional quotesRecent Yen moves are somewhat rapid,…
PBOC sets USD/CNY reference rate at 7.0733 vs. 7.0754 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0733 compared to the previous day's fix of 7.0754 and 7.0554 Reuters…
Australia’s Trade Surplus widens to 4,385M MoM in October vs. 4,200M expected
Australia’s Trade Surplus widened to 4,385M MoM in October versus 4,200M expected and 3,707M (revised from 3,938M) in the previous reading, according to the latest foreign trade…
Japanese Yen strengthens above 155.00 on weaker US jobs data, rising BoJ rate hike expectations
The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on…