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Forex
AUD/USD: Bias remains on the upside – UOB Group
Further sideways trading in Australian Dollar (AUD) vs US Dollar (USD) appears likely, probably in a range of 0.6480/0.6520. In the longer run, bias remains on…
China: Lower energy prices and weak demand kept up deflationary pressure in May – UOB Group
China’s Consumer Price Index (CPI) deflation continued into the fourth straight month in May. Headline CPI fell by -0.1% y/y (Bloomberg est: -0.2%; Apr: -0.1%)…
EUR/USD picks up the US Dollar falls with trade talks in focus
The Euro regains lost ground with the US Dollar on retreat ahead of the US-China trade talks. ECB's Kazimir suggested on Monday that the ECB's easing cycle…
Silver Price Forecast: XAG/USD marks fresh 13-year highs near $36.50
Silver price advances as safe-haven demand increases due to fears surrounding the global economic uncertainties.Citigroup expects that the Fed will implement…
NZD/USD surges to near 0.6050 due to easing US-China trade dispute
NZD/USD appreciates as the New Zealand Dollar rises amid easing trade tensions between the United States and China.US Treasury Secretary Scott Bessent is set…
Malaysia Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Malaysia on Monday, according to data compiled by FXStreet.
The price for Gold stood at 451.21 Malaysian…
WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks
WTI drifts lower at the start of a new trading week, though the downside lacks bearish conviction.The optimism over US-China trade talks acts as a tailwind for…
Australian Dollar remains stronger following China’s economic data
The Australian Dollar holds ground following mixed economic data from China released on Monday.China’s Consumer Price Index declined by 0.1% in May, against…
ECB’s Nagel says central bank can take time on policy
European Central Bank (ECB) Governing Council member Joachim Nagel spoke earlier on Sunday and said that the central bank can take its time on interest rates…
GBP/USD trades with positive bias around 1.3530-1.3535 area, lacks bullish conviction
GBP/USD attracts some dip-buyers at the start of a new week amid subdued USD price action.Despite the upbeat NFP report, the USD bulls seem reluctant ahead of…