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Forex
ECB’s de Guindos: Balance of risks has shifted from concerns about high inflation to fears over growth
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that “the balance of risks has shifted from concerns about high inflation to fears…
ECB’s Nagel: Trump’s tariffs may have a minor impact on inflation
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Monday, “Trump's tariffs may have a minor impact on inflation.”
He…
EUR/JPY attracts some buyers to near 163.00 amid BoJ rate hike uncertainty
EUR/JPY gains momentum to near 163.00 in Monday’s early Asian session, up 33% on the day.
The lack of clear guidance on the next BoJ rate hike timing …
Pound Sterling Price News and Forecast: GBP/USD attempts to recover from 1.2600 as it enters oversold zone
GBP/USD Price Forecast: Attempts to recover from 1.2600 as it enters oversold zone
GBP/USD breaks its six-day losing streak, trading around 1.2630 during the…
USD/INR softens ahead of Fed’s Goolsbee speech
The Indian Rupee gains traction in Monday’s early European session.
Significant foreign outflows and Trump trades might drag the INR lower.
The Fed’s…
Gold price advances closer to $2,600 on geopolitical risks, subdued USD price action
Gold price attracts some haven flows on Monday amid rising geopolitical risks.
The USD remains on the defensive below a one-year high and also lends…
WTI maintains position above $67.00 due to escalating tensions between Russia and Ukraine
WTI receives minor support due to increased fears over possible supply disruptions amid rising geopolitical tensions.
Russia launched its largest airstrike…
BoJ’s Ueda: Japan’s economy recovering moderately
The Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the Japanese economy is recovering moderately despite weak signs.
Key quotes
Japan’s economy…
EUR/USD hovers around 1.0550 near yearly lows amid cautious Fed, dovish ECB
EUR/USD appreciates despite a negative bias amid the cautious US Federal Reserve.
Fed Chair Powell stated that the economy is not sending any signals that…
ECB’s Cipollone: Central bank should cut rates further to support recovery
European Central Bank (ECB) board member Piero Cipollone said on Friday that central bank should cut interest rates further to support the recovery in the…