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Forex
US CB Consumer Confidence Index declines to 93 in June
CB Consumer Confidence Index declined by 5.4 points to 93 in June.USD Index stays deep in negative territory below 98.00.Consumer sentiment in the US…
BoE’s Ramsden: Less concerned than other MPC members that disinflation will stall
Bank of England (BoE) Deputy Governor Dave Ramsden said on Tuesday that if evidence becomes stronger that inflation will undershoot the target, they can speed…
US Dollar slides as Israel-Iran ceasefire overshadows hawkish Powell’s tone
Federal Reserve Chair Jerome Powell testified before Congress, emphasizing the Fed's data-dependent approach.Israel-Iran ceasefire reduces demand for…
USD/CHF nears multi-year lows, Fed dovish tilt weighs on US Dollar
The Swiss Franc extends gains against the US Dollar as geopolitical tensions ease after a fragile ceasefire between Iran and Israel.The USD/CHF trades just…
Pound Sterling Price News and Forecast: GBP/USD overtakes 1.3600
GBP/USD overtakes 1.3600 as ceasefire uncertain, Powell tempers rate cut hopes
The Pound Sterling extended its gains versus the US Dollar on Tuesday, as the…
USD/INR dips on Iran-Israel ceasefire relief and softer Oil prices
The Indian Rupee gains for a second day, supported by softer crude Oil prices and a weaker US Dollar.US President Donald Trump announces a “complete and total"…
Fed Chair Powell: Right now, we’re in watch and wait mode
Federal Reserve (Fed) Chair Jerome Powell added further comments during his testimony before the congressional budget committee on Tuesday, building out his…
Gold drops as markets celebrate a de-escalation of the conflict in the Middle East
Gold prices retreat as an Israel-Iran ceasefire lifts demand for risk assets.Fed Chair Powell testifies before Congress, confirms that the Fed "is in no hurry…
Will Micron’s AI-Fueled DRAM surge offset NAND challenges in Q3?
Key takeaways
Micron's DRAM revenues are expected to hit $7B in Q3, up 49.2% year over year on AI-driven demand.
MU benefits from strong ties with…
Breaking: Canada CPI inflation holds steady at 1.7% in May as expected
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada…