The Dow Jones is up 0.32% as investors grapple with a drop in consumer confidence. MJ consumer sentiment, inflation expectations are worse…
Forex News
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The Australian dollar lost ground after the RBA's policy decision to leave its interest rate unchanged. The Reserve Bank of Australia maintained…
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The US Nonfarm Payrolls report for April showed a lower-than-expected increase. The likelihood of a rate cut in September has increased, which…
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The greenback failed to sustain initial optimism and succumbed to further selling pressure amid renewed strength in the Japanese yen and continued…
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USD/CAD is trading stronger near 1.3665 on Tuesday. The FOMC is widely expected to hold rates steady in their current range of…
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The Japanese yen is weakening across the board after the BoJ announced its policy decision. A short-term rise in the yen may…
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The Canadian dollar is retreating across the board on Wednesday. Retail sales in Canada miss the mark by a wide margin, hurting…
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The ECB's Muller sees several more rate cuts after June until the end of the year
European Central Bank (ECB) Governing Council member and Estonian central bank chief Madis Muller said the ECB must not rush further interest…
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AUD/JPY Consolidates As Iranian Official Says No Immediate Retaliation Against Israel
AUD/JPY holds after partial recovery of losses as an An Iranian official said there was no immediate plan to retaliate against the…
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The price of gold is falling as the Fed's retreating rate cuts curb demand. Strong US retail sales are fueling uncertainty about…
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Silver is falling sharply from its highest point since February 2021, suggesting the rally may be overdrawn. If it breaks below the…
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Gold benefits from geopolitical risks, reduced Fed rate cut bets could limit gains
The price of gold attracted fresh buyers on Thursday after a decline inspired by the previous day's US consumer price index. Geopolitical…
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Gold Prices in Pakistan rose on Monday, according to data compiled by the company FXStreet. The price of 24-karat gold stood at…
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A robust US Nonfarm Payrolls report for March drives the dollar higher, impacting EUR/USD. Mixed eurozone economic indicators, including German factory orders…
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GBP/USD is trading weaker near 1.2575 on Wednesday. Many Fed officials see the three rate cuts this year as reasonable. Traders raise…