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Forex
AUD/USD declines for the third straight day, with focus on Fed Minutes
AUD/USD experiences its third consecutive day of losses.Australian inflation remains steady in April, while hawkish Fed comments support the GreenbackMonetary…
Fed Minutes set to highlight hawkish stance as markets push back rate cut expectations
The Minutes of the Fed’s May 6-7 gathering are due on Wednesday.The Federal Reserve kept the benchmark interest rate on hold, as expected.The US Dollar is at…
CTAs poised to pressure WTI as OPEC+ shifts strategy – TDS
CTAs will sell WTI crude in any scenario for prices this week. This selling activity is likely to be less significant than that which we expect in gold…
Shares of Zscaler Inc. (ZS) have been on the march
Shares of Zscaler Inc. (ZS) have been on the march, alongside other peers in the cybersecurity space. Earlier this month, SIA highlighted shares of…
Gold ticks up, EU-US trade optimism restrict upside
Gold price recovers to near $3,310 despite increasing hopes for a US-EU trade deal.Russia’s Putin demands that NATO restrict its eastern expansion in…
Will Nvidia’s earnings report drive stocks higher?
The S&P 500 retraced Last Week’s Weakness - but will the rally continue?
Stocks started the week on a positive note, with the S&P 500 gaining 2.05% on…
Pound Sterling Price News and Forecast: GBP/USD initial supports hold pullback for now
GBP/USD outlook: Initial supports hold pullback for nowCable remains at the back foot on Wednesday after Tuesday’s pullback from new multi-month high (1.3593)…
EUR/USD returns above 1.1330, Dollar eases with the FOMC Minutes on focus
EUR/USD has bounced up from the 1.1300 area and is trading practically flat on daily charts.The Dollar loses ground as investors grow cautious with the FOMC…
USD/CAD extends gains above 1.3800 with all eyes on the FOMC minutes
The US Dollar remains firm, drawing support from the positive US Consumer Confidence data and easing trade war fears.The CAD remains on the defensive amid…
NZD: Hawkish RBNZ cut lifts Kiwi dollar prospects – ING
The Reserve Bank of New Zealand cut rates by 25bp to 3.25% as widely expected this morning, although the overall message was more hawkish than expected, ING's…