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Policy outlook tied to Middle East risks – Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen previews the upcoming ECB meeting, stressing that the war in Iran and higher energy prices create a new stagflation shock for the…
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Remains below nine-day EMA near 183.50
EUR/JPY extends its gains for the second successive session, trading around 183.30 during the Asian hours on Friday. The technical analysis of the daily chart shows the spot…
Gold price in Pakistan: Rates on March 13
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet.The price for Gold stood at 46,090.38 Pakistani Rupees (PKR) per gram, up compared with the PKR…
Gold steadies as safe-haven demand offsets Fed rate uncertainty
Gold (XAU/USD) gains some positive traction during the Asian session on Friday and recovers a part of its losses recorded over the past two days. The US Dollar (USD) pauses a…
Canadian Dollar remains flat as oil prices ease
USD/CAD steadies after registering over 0.25% gains in the previous session, trading around 1.3640 during the Asian hours on Friday. However, the commodity-linked Canadian Dollar…
Pound Sterling rises as US Dollar retreats ahead of PCE inflation data
GBP/USD pares recent losses from the previous session, trading around 1.3370 during the Asian hours on Friday. The pair strengthens as the US Dollar Index (DXY) retreats after…
RBA to raise cash rate to 4.10% on March 17
A Reuters poll showed on Friday that 23 of 30 economists expect the Reserve Bank of Australia (RBA) to raise the Official Cash Rate (OCR) to 4.10% on March 17. Seven economists…
Energy shock keeps MAS path in play – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong observe that Asian FX, including the Singapore Dollar, still vulnerable to Oil-driven inflation and growth risks despite the…