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Markets
New Zealand Dollar declines below 0.5900 amid mixed Chinese PMI data, Middle East tensions in focus
The NZD/USD pair attracts some sellers to near 0.5875 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after the…
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WTI jumps to near $74.50 on Middle East conflict, Strait of Hormuz closure threatens oil supply
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.50 during the early Asian trading hours on Wednesday. The WTI jumps to its highest since June 2025…
US President Donald Trump says will provide insurance for ships in Gulf amid Iranian attacks
US President Donald Trump said the country's navy will offer insurance to ships in the Gulf after Iran largely succeeded in shutting down the Strait of Hormuz, BBC reported on…
GBP/USD slips below key averages as geopolitical risks mount
GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average (EMA) for the first time since early December. The pair has…
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Temporary surge, oil risks – UOB
UOB economists Enrico Tanuwidjaja and Vincentius Ming Shen note Indonesia’s February CPI jumped to 4.76% year-on-year, above Bank Indonesia’s target, driven by base effects from…
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EUR/USD dips as Middle East tensions boost USD, EZ inflation jumps
EUR/USD edges down during the North American session yet it has bounced off daily lows hit at 1.1530 on heightened tensions in the Middle East, despite a jump on inflation in the…
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