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Forex
EUR/USD bounces back, while US-China trade talks take centre stage
EUR/USD recovers above 1.1250 as the US Dollar retreats from almost a month's high..Investors focus on the US-China trade talks on Saturday, with US Lutnick…
Fed’s Kugler: Makes sense to maintain moderately restrictive policy rate
Federal Reserve (Fed) Governor Adriana Kugler told Bloomber TV on Friday that the policy rate is currently moderately restrictive and added that it makes sense…
Gold pushes back trade euphoria with Dollar retreat ahead of US-China trade talks this weekend
Gold price gains back on initial losses and trades back above $3,325 on Friday. The US-UK trade agreement is seen only half-baked, not a ‘full and…
Wheaton Precious Metals (WPM) reports Q1 earnings: What key metrics have to say
Wheaton Precious Metals Corp.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and…
Bailey speech: Our commitment to 2% inflation target is unwavering
Bank of England Governor Andrew Bailey reiterated on Friday that their commitment to the 2% inflation target is unwavering, per Reuters.Key takeaways"Good we…
ECB’s Rehn: Disinflation is on track and the growth outlook is weakening
European Central Bank (ECB) policymaker Olli Rehn commented on the inflation and growth outlook on Friday.Rehn said that “disinflation is on track and the…
EUR/GBP rises to near 0.8500, dovish ECB tone caps upside
EUR/GBP remains under pressure as markets increasingly anticipate further ECB rate cuts, potentially as soon as June.The European Commission has initiated a…
Japanese Yen sticks to modest recovery gains against USD; upside potential seems limited
The Japanese Yen attracts some intraday buyers on Friday, though the upside seems limited.The mixed Japanese macro data boosts the case for further BoJ rate…
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet.
The price for Gold stood at 391.84 United Arab Emirates Dirhams…
Gold price recovers modest Asian session losses; climbs back above $3,300 mark
Gold price attracts some dip-buyers following a modest Asian session slide to the $3,275-3,275 area. The optimism over the US-UK trade deal and the US-China…