ECB’s Makhlouf Warns of Hidden Inflation Threat From Higher Energy Prices
The European Central Bank (ECB) must carefully monitor the indirect effects of higher energy prices, according to ECB Governing Council member Gabriel Makhlouf.
Forex News
Forex News
Fed Rate Decision: Logan Shocks Markets with Both Cut and Hike Signals
In a significant and unexpected statement, Federal Reserve Bank of Dallas President Lorie Logan signaled that the central bank’s next rate move could
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Gold Rebounds on Middle East Headlines: Geopolitical Tensions Ignite Safe-Haven Demand, but Higher-for-Longer Rates Cap Gains
Gold rebounds on Middle East headlines this week, sparking a fresh wave of safe-haven buying. Yet, the precious metal faces a formidable ceiling
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US ISM Manufacturing PMI Holds Steady at 52.7 in April, Signaling Resilient Expansion
The US ISM Manufacturing PMI held steady at 52.7 in April, according to the latest data from the Institute for Supply Management (ISM).
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Citigroup Exits Yen Trade After Japan Intervention, Citing Surging Oil Risks
Citigroup has exited its yen trade positions following the Bank of Japan’s intervention in the currency market. The decision comes as the financial
Forex News
ECB’s Makhlouf Warns: Higher-for-Longer Energy Price Scenario Threatens Eurozone Stability
The European Central Bank (ECB) faces a new layer of complexity as board member Gabriel Makhlouf expresses deep concern over a potential higher-for-longer
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AUD/USD Holds Steady Near Recent Highs as Anticipated RBA Rate Hike Looms
The Australian dollar held steady against its US counterpart on Wednesday, trading near recent highs as markets widely anticipate a rate hike from
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GBP/JPY Price Forecast: Buyers Defend Critical 100-Day SMA as Momentum Weakens
The GBP/JPY price forecast shows buyers actively defending the 100-day Simple Moving Average (SMA) as momentum weakens. This key technical level now serves
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EUR/USD: ECB’s Nagel Flags June Rate Hike Risk as Volatility Stays Muted – BNY Analysis
The EUR/USD currency pair remains in a state of subdued volatility. This comes as European Central Bank (ECB) board member Joachim Nagel flags
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USD/JPY Outlook: Intervention Risk and Oil Prices Drive Volatility – BNY Analysis
Bank of New York Mellon (BNY) warns that USD/JPY outlook remains heavily influenced by intervention risk and fluctuating oil prices. The Japanese yen