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Forex
Pound Sterling extends losses against US Dollar as trade concerns ease
The Pound Sterling retraces further to near 1.3460 against the US Dollar as the Greenback recovers amid optimism on the EU-US trade front.The improvement in…
EUR/GBP holds below 0.8400 ahead of German employment data
EUR/GBP trades with mild gains around 0.8390 in Wednesday’s early European session.ECB’s Holzmann calls for rate cut pause until September amid trade tensions.…
USD/CAD climbs to fresh weekly top, closer to mid-1.3800s ahead of FOMC minutes
USD/CAD gains positive traction for the third straight day amid modest USD strength.US fiscal concerns and Fed rate cut bets might cap gains for the USD and…
United Arab Emirates Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in United Arab Emirates on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 389.37 United…
USD/INR gathers strength amid MSCI-driven outflows
Indian Rupee edges lower in Wednesday’s early Asian session.MSCI-driven outflows weigh on the INR, but lower crude oil prices and a weaker US Dollar might cap…
Silver Price Forecast: XAG/USD posts gains near $33.50 after losing over half a percent
Silver price edges higher after registering more than 0.50% losses in the previous session.The dollar-denominated Silver lost ground due to a stronger US…
Australia’s monthly CPI inflation steadies at 2.4% YoY in April vs. 2.3% expected
Australia’s monthly Consumer Price Index (CPI) steadied at 2.4% in the year to April, compared to a 2.4% rise seen in March, according to the data published by…
Japan’s Kato says will closely monitor bond market situations
Japan’s Finance Minister Shunichi Kato said on Wednesday that he will closely monitor bond market situations as he is concerned about a recent spike yields in…
Gold plunges nearly 2% as markets cheer tariff delays, embrace risk
XAU/USD drops below $3,300 as Trump's EU tariff pause boosts sentiment and US Dollar.Trump delays 50% EU tariffs to July 9, improving market mood and weighing…
RBNZ set to cut interest rates to 3.25% in May amid trade tariff-related uncertainty
The Reserve Bank of New Zealand is expected to trim interest rate by 25 bps to 3.25% on Wednesday.A rate cut in May is fully priced; RBNZ updated forecasts,…