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Forex
Gold price takes it on the chin after Trump softens tone on trade and Fed
Gold price sees a near 5% correction after hitting a new all-time high at $3,500 on Tuesday. US President Trump rebukes earlier statements and hints lower…
EUR/USD dips on USD relief rally – Danske Bank
EUR/USD edged lower toward the 1.14 mark, as the broader USD staged a modest rebound across the G10 space, Danske Bank's FX analysts report. Buy-the-dip bias…
Eurozone Preliminary Manufacturing PMI ticks up to 48.7 in April vs. 47.5 expected
Eurozone Manufacturing PMI rose to 48.7 in April, beating the 47.5 estimate.Bloc’s Services PMI dropped to 49.7 in April vs. 50.5 anticipated.EUR/USD holds…
German Preliminary Manufacturing PMI declines to 48 in April vs. 47.6 expected
· Germany’s Manufacturing PMI dropped to 48 in April vs. 47.6 forecast.· Services PMI for the German economy fell to 48.8 in April vs. 50.2…
FX option expiries for Apr 23 NY cut
FX option expiries for Apr 23 NY cut at 10:00 Eastern Time via DTCC can be found below.EUR/USD: EUR amounts1.1370 929m1.1375 863m1.1400 2b1.1510 847mUSD/JPY:…
Pound Sterling Price News and Forecast: GBP/USD weakened as the USD is buoyed by optimistic tone from Trump
GBP/USD trades lower around 1.3300, retreats from seven-month highs due to US optimism
GBP/USD extended its losses during Wednesday’s Asian session, trading…
Gold price shows signs of bullish exhaustion amid positive turnaround in risk sentiment
Gold price rebounds from the Asian session trough as the USD stalls its recovery from a multi-year low.The weakening investors’ confidence in the US economy…
Australian Dollar receives support as private sector activity expands in April
The Australian Dollar retraces its losses registered in the previous session.Australia's Judo Bank Purchasing Managers Index indicated that private sector…
Japanese Yen recovers a major part of early lost ground against USD
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a US-Japan trade deal and rising bets for…
ECB’s Villeroy: Trump’s trade policies will weaken financial stability and growth
European Central Bank member Francois Villeroy de Galhau said on Tuesday that US President Donald Trump’s trade tirades dampen economic growth, including for…