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Forex
Dow Jones Industrial Average cautiously higher post-PPI inflation print
The Dow Jones lifted slightly on Thursday, testing near 44,500.
Equities are cautiously optimistic after PPI numbers softened inflation blow.
Markets await…
USD/JPY tumbles from weekly high of 154.80 as Japanese Yen outperforms on safe-haven bid
USD/JPY dives to near 153.40 amid significant strength in the Japanese Yen.
Investors remain on their toes as US Trump reiterates reciprocal tariff threats.…
GBP/USD rises as UK GDP beat estimates, US inflation stays hot
UK GDP surprises with 0.1% growth, defying recession fears.
US PPI inflation exceeds expectations, reinforcing Fed’s cautious stance on rate cuts.
GBP/USD…
Oil traders to continue their selling activity – TDS
Crude oil markets continue to sell off, with the prospects of a Russia-Ukraine deal further sapping energy supply risk premia over the last sessions, TDS'…
EUR/USD gives up some gains as Trump is poised to unveil reciprocal tariffs plan
EUR/USD retreats from the intraday high of 1.0440 as investors brace for high uncertainty as US Trump is poised to impose reciprocal tariffs.
The Federal…
US Dollar retreats with possible peace talks between Russia and Ukraine fueling risk-on across markets
The US Dollar trades weaker on Thursday against most major peers.
Traders gear up for the Producer Price Index (PPI) and weekly jobless claims due later in…
Copper: Beyond 9530, price can target the pattern near 9780/9830 – BBH
LME Copper broke out from a base in the form of an Inverse Head and Shoulders pattern recently and marched towards 9530, BBH's FX analysts report.Upward…
USD/CNH: Likely to trade in a narrower range of 7.2500/7.3300 – UOB Group
US Dollar (USD) is expected to trade in a range between 7.3000 and 7.3200. In the longer run, outlook remains mixed, but USD is likely to trade in a narrower…
EUR: Some welcome news – ING
Despite the jump in short-dated US rates yesterday, EUR/USD has moved smartly higher on the back of the Trump-Putin story. Shortly before those headlines hit,…
GBP/JPY clings to gains near one-week high after upbeat UK GDP; remains below 193.00
GBP/JPY attracts strong follow-through buyers for the third straight day amid a weaker JPY.
The mostly upbeat UK macro data boosts the cross and contributes…