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Forex
Gold retreats below $3,200 as safe-haven demand fades, down over $300 from record high
XAU/USD trades near $3,180, on track for a weekly loss of over 4%.Easing trade tensions and a stable geopolitical landscape reduce demand for the bullion.Price…
EUR/USD declines as US consumer inflation expectations rise further
EUR/USD turns upside down as the US Dollar gains after the release of the US Michigan survey data for May.
US 12-month consumer inflation expectations…
S&P 500 data-driven turn
S&P 500 looked ready to consolidate, and then yesterday‘s data came, spurring a market turnaround that all clients were prepared for and benefited from –…
USD/JPY Price Forecast: Finds temporary support near 145.00
USD/JPY gains temporary ground near 145.00 as the US Dollar recoups initial gains.The Japanese economy contracted by 0.2% in the first quarter of the…
Mexican Peso trims some of Banxico-related losses following interest-rate cut
The Mexican peso edges up slightly, recovering some of the previous day’s losses.Banxico cuts rates while the Fed remains cautious, highlighting a contrasting…
EUR stuck around 1.12 with risk in Fed pricing – Scotiabank
EUR/USD is extending its recent, quiet consolidation around 1.12 and trading with modest support into Friday’s NA session, Scotiabank's Chief FX Strategist…
Gold on the rollercoaster – Commerzbank
"The price of Gold went on a bit of a rollercoaster ride on Thursday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes. Gold Swings $100 as…
AUD/USD: Expected to trade between 0.6380 and 0.6445 – UOB Group
Downward momentum has not increased further; Australian Dollar (AUD) is expected to trade between 0.6380 and 0.6445 against US Dollar (USD). In the longer run,…
Gold price slips below $3,200 mark, fresh daily low amid positive risk tone
Gold price meets with a fresh selling pressure and erodes a part of Thursday’s recovery gains.The US-China trade deal optimism continues to act as a headwind…
Pound Sterling advances against US Dollar on soft US PPI, Retail Sales data
The Pound Sterling moves higher to near 1.3330 against the US Dollar as the Greenback suffers after the release of weak US economic data.The Fed is expected to…