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Markets
Gold consolidates gains as geopolitics and Fed rate-cut bets support demand
Gold (XAU/USD) trades slightly firmer on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following United States (US) attacks…
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Silver gains as US-Venezuela tensions, Fed rate cut bets boost demand
Silver (XAG/USD) trades around $78.40 on Tuesday at the time of writing, up 2.90% on the day, extending a streak of four consecutive days of gains. The white metal benefits from a…
NZD/USD pulls back below 0.5800 as markets turn cautious
The New Zealand Dollar’s rebound from the 0.5740 area on Monday has failed to find follow-through above the 0.5800 level during Tuesday’s European session, and the pair pulled back…
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USD/JPY trades higher to near 156.50 while focus shifts to US NFP data
The USD/JPY pair trades marginally higher to near 156.50 during the European trading session on Tuesday. The pair gains as the US Dollar recovers its early losses and turns…
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EUR/JPY edges lower amid risk aversion, German inflation awaited
EUR/JPY trades around 183.10 on Tuesday at the time of writing, down 0.10% on the day, as the Euro (EUR) weakens modestly against the Japanese Yen (JPY) in an environment marked by…
Gold and Silver rally on geopolitical tensions – ING
Gold surged above $4,455/oz and Silver topped $77/oz as geopolitical risk in Venezuela and macro uncertainty drove safe-haven demand. Central bank purchases and expectations of…
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