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Markets
GBP/USD edges up as weak US jobs data offsets risk aversion
GBP/USD edges up as weak US jobs data offsets risk aversionThe Pound Sterling (GBP) registers modest gains on Tuesday after Iran's IRGC threatened to attack US companies as of…
Dow Jones surges over 500 points on hopes Iran war nears resolution
The Dow Jones Industrial Average jumped around 500 points, or roughly 1.0%, on Tuesday as investors staged a recovery attempt on the final trading day of March. The S&P 500…
US CB Consumer Confidence Index rose to 91.8 in March
US consumer sentiment picked up marginal pace in March, as the Conference Board’s Consumer Confidence Index ticked a tad higher to 91.8 from February’s 91.0 (revised from…
Growth momentum supports cautious BoC stance – RBC
Royal Bank of Canada (RBC) economists note Canada's GDP grew 0.1% in January, slower than December but above expectations, with goods-producing industries outperforming and…
Big correction or trend change?
Robinhood Markets, Inc. (ticker symbol, NASDAQ: HOOD) is a U.S.-based financial services company best known for its commission-free trading app, designed to make investing…
Pullback seen as chance to re‑enter longs – TD Securities
TD Securities remains constructive on AUD/NZD, viewing recent weakness as a correction within an ongoing uptrend. The bank cites supportive 2‑year rate differentials, its…
Pound remains weak below 211.00
The Pound (GBP) is posting a fragile recovery attempt against the Japanese Yen (JPY) on Tuesday, following Monday’s sharp reversal. The pair found support at 210.00 on Monday, but…
XAU/USD bulls remain capped below $4,600
Gold (XAU/USD) maintains a moderate bullish tone on Tuesday, extending its recovery from last week’s lows near $4,100, yet with resistance at the $4,600 area, holding upside…
Rising energy risks support ECB hike case – Nordea
Nordea’s Chief Analyst Anders Svendsen and Chief Economist Tuuli Koivu note Euro area inflation rose to 2.5% year-on-year in March and is expected to approach 3% in coming months.…
USD/JPY edges down to near 159.60 amid Middle East peace hopes
The USD/JPY pair ticks lower to near 159.60 during the European trading session on Tuesday. The pair is marginally lower as the US Dollar (USD) trades subduedly, following the…