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Markets
Gold tests $4,200 amid weak Dollar and yields before US shutdown vote
Gold (XAU/USD) rallies sharply past the $4,200 milestone on Wednesday, as US Treasury yields slip and the US Dollar gives back earlier gains. An improvement in risk appetite has…
Dow Jones hits record high as banking and healthcare stocks rally
The Dow Jones Industrial Average (DJIA) caught a firm bid on Wednesday, driving into fresh record highs as investors eased back from overexposure to the AI tech rally and moved…
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Historically, the Dollar is strong now
White House Senior Advisor Kevin Hassett spoke at a White House conference on Wednesday, talking about the Gross Domestic Product (GDP) forecast and the government shutdown.Key…
Pound Sterling Price News and Forecast: GBP/USD falls towards 1.3100
GBP/USD falls towards 1.3100 as UK political tensions weighs on SterlingThe Pound Sterling tumbles during the North American session on Wednesday as reports emerged that Prime…
GBP/USD falls towards 1.3100 as Starmer rumors, BoE rate cut weigh
The Pound Sterling (GBP) tumbles during the North American session on Wednesday against the US Dollar (USD) as reports emerged that Prime Minister Keir Starmer’s leadership was…
EUR/GBP hits yearly highs as UK political unrest and BoE cut bets rise
The Euro (EUR) extends gains against the British Pound (GBP) on Wednesday as the Sterling weakens across the board following reports of growing tension within the UK Labour Party…
Gold steadies near three-week high ahead of US House vote
Gold (XAU/USD) trades little changed on Wednesday, consolidating gains near a three-week high as investors adopt a wait-and-see approach ahead of a crucial US congressional vote to…
EUR/USD drifts lower in muted markets with all eyes on the US Congress
EUR/USD shows marginal losses on Wednesday, trading at session lows near 1.1670 at the time of writing, after peaking above 1.1600 on Tuesday. Investors are reluctant to take…
Risks to inflation are tilted a little bit to the upside
European Central Bank (ECB) executive board member Isabel Schnabel said at BNP Paribas' 9th annual Global Markets Conference "Europe Reimagined” that there is no need to adjust…