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Forex
Gold tries to flip weekly performance into positive territory after Trump announces Copper tarrifs
Gold could get eke out a second day of gains for this week.
Copper tariffs are the latest on the tariff headlines from US President Trump.
Gold could…
GBP/USD: No increase in either downward or upward momentum – UOB Group
There has been no increase in either downward or upward momentum; Pound Sterling (GBP) is expected to trade in a 1.2920/1.2980 range. In the longer run, GBP is…
NZD/USD Price Forecast: Rises above 0.5700, nine-day EMA amid renewed bullish bias
NZD/USD attempts to surpass the nine-day EMA, signaling a potential boost in short-term price momentum.
The 14-day RSI has risen above the 50 mark, reviving…
UK CPI inflation cools to 2.8% YoY in February vs. 2.9% forecast
United Kingdom's annual CPI rose 2.8% in February vs. 2.9% estimate.
British inflation jumped to 0.4% MoM in February vs. 0.5% forecast.
GBP/USD holds…
Australian Dollar receives support from news of Trump tariffs on US Copper imports
The Australian Dollar rises amid reports that Trump may fast-track the implementation of tariffs on US Copper imports.
Australian Treasurer Jim Chalmers…
Japanese Yen continues losing ground against mildly stronger US Dollar
The Japanese Yen attracts some sellers on Wednesday, though the downside seems limited.
The divergent BoJ-Fed expectations should cap USD/JPY amid subdued…
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 8,308.97 Indian Rupees (INR) per gram, down…
US Presi. Trump plans to implement copper import tariffs within weeks
US President Donald Trump said in a Newsmax interview on Wednesday that he “plans to implement copper import tariffs within weeks,” per Bloomberg.
Additional…
WTI drifts higher above $69.00 on Venezuela supply worries
WTI price edges higher to $69.15 in Wednesday’s early Asian session.
Crude oil stockpiles in the US fell by 4.6 million barrels last week, according to the…
Australia’s monthly CPI inflation eases to 2.4% YoY in February vs. 2.5% expected
Australia’s monthly Consumer Price Index (CPI) increased by 2.4% in the year to February, compared to a 2.5% rise seen in January, according to the data…