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Forex
Japan’s Hayashi: Wage rises will likely spread
Japan’s Chief Cabinet Secretary Yoshimasa Hayashi said on Tuesday that “wage rises will likely spread to part-timers, small businesses toward autumn with…
WTI trades with modest intraday gains above mid-$73.00s, lacks bullish conviction
WTI attracts some buyers on Tuesday amid rising geopolitical tensions in the Middle East.
China’s economic woes, along with US recession fears, keep a lid…
Australian Dollar appreciates as traders expect RBA to maintain current interest rates
The Australian Dollar advances ahead of Tuesday’s RBA policy decision.
The RBA is expected to maintain the Official Cash Rate at 4.35% for the sixth…
Australia Interest Rate Preview: RBA to deliver a hawkish hold, kicking the can down the road
Interest rate in Australia is expected to remain unchanged in August.
Reserve Bank of Australia Governor Michele Bullock speech could shed light on the…
Fed’s Daly: More confident inflation is on the path to 2%
Federal Reserve Bank of San Francisco President Mary Daly said on Monday that she is more confident US inflation is on course to the Fed's 2% target, per…
GBP/USD falters on uneasy market flows but holds in midrange
GBP/USD took a tumble on Monday after risk-off flows pummeled markets.
Despite a near-term plunge, bids continue to grind out chart paper near 1.2800.…
AUD/JPY Price Analysis: Downtrend persists, pair at lows since August 2023
AUD/JPY remains in a downtrend and has declined to lows in a year.
The pair could be due for a bounce as the RSI is in oversold territory, but the MACD is…
NZD/USD Price Analysis: Rangebound trading persists, bears maintain control
Consolidation persists within the 0.5900-0.6000 range, with neutral technical indicators.
Bearish momentum remains intact, favoring further declines, but a…
Australian Dollar continues soft as investors await RBA directions
AUD/USD slips amid ongoing bearish sentiment, approaching key support level.
Economic weakness in Australia intensifies rate-cut expectations for the RBA.…
Dow Jones Industrial Average plunges 1,000 points on downbeat Monday
Dow Jones fell another 1,300 points from Friday’s close.
Markets are recoiling amidst concerns of an escalation in Middle East conflicts.
Souring US…