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Home Jayshree
Indian Prime Minister Narendra Modi speaking at a press conference, urging citizens to refrain from buying gold for a year.
Forex News

Modi Urges India: Avoid Gold Purchases for One Year to Curb Import Bill

In an unexpected address to the nation, Indian Prime Minister Narendra Modi has called on citizens to voluntarily refrain from purchasing gold for

  • by Jayshree
  • 2026-05-13
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US Dollar Index chart showing a sharp upward movement on a trading monitor in a financial newsroom.
Forex News

US Dollar Index Surges as Hot CPI Data Strengthens Hawkish Fed Bets

The US Dollar Index (DXY) rallied sharply on Wednesday, posting its largest single-day gain in weeks, after the latest Consumer Price Index (CPI)

  • by Jayshree
  • 2026-05-13
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Gold bar on dark surface with red financial ticker showing price decline
Forex News

Gold Prices Tumble as Hot CPI and Surging Oil Crush Fed Rate-Cut Hopes

Gold prices fell sharply on Wednesday, breaking below key support levels after a hotter-than-expected U.S. Consumer Price Index (CPI) report and a continued

  • by Jayshree
  • 2026-05-13
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Federal Reserve Bank of Chicago President Austan Goolsbee speaking at a press conference, emphasizing the importance of Fed independence.
Forex News

Fed’s Goolsbee Dismisses Fears of Eroding Central Bank Independence

Federal Reserve Bank of Chicago President Austan Goolsbee on Thursday pushed back against growing concerns that the U.S. central bank’s political independence is

  • by Jayshree
  • 2026-05-13
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ECB Governing Council member Joachim Nagel speaking at a press conference, warning about persistent inflation.
Forex News

ECB’s Nagel Warns Inflation Battle Far From Over: ‘Still Quite a Bit Ahead of Us’

European Central Bank (ECB) Governing Council member Joachim Nagel delivered a sobering assessment on the inflation outlook, stating that the eurozone still faces

  • by Jayshree
  • 2026-05-13
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Exterior of Indian Parliament building in New Delhi under clear sky
Forex News

Narrow Demand Response Weighs on India’s GST Collections, Societe Generale Warns

French investment bank Societe Generale has highlighted a narrow demand response as a key factor constraining India’s Goods and Services Tax (GST) collections,

  • by Jayshree
  • 2026-05-13
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British Pound and US Dollar banknotes on a desk with a globe and chart in background, representing forex market pressure.
Forex News

British Pound Slides as US Inflation Surprises and UK Political Uncertainty Mounts

The British Pound weakened against the US Dollar on Wednesday, extending its recent decline after a stronger-than-expected US inflation report reshaped expectations for

  • by Jayshree
  • 2026-05-13
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US dollar banknote on a desk next to a financial chart showing neutral range trading.
Forex News

US Dollar Outlook: Neutral Range Trading Expected, Says TD Securities

TD Securities has issued a fresh technical outlook on the US dollar, characterizing the current market environment as one of neutral range trading.

  • by Jayshree
  • 2026-05-13
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Oil refinery at dusk with Commerzbank analysis sign in foreground
Forex News

Oil Markets Under Pressure: Iran Tensions and China Demand Shift Weigh on Prices – Commerzbank

Geopolitical risks surrounding Iran and a notable shift in Chinese demand are creating headwinds for oil markets, according to a recent analysis from

  • by Jayshree
  • 2026-05-13
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Oil tanker navigating the Strait of Hormuz at sunset, representing geopolitical supply risk
Forex News

WTI Price Forecast: Oil Remains Supported by Hormuz Tensions and Tighter Supply Outlook

West Texas Intermediate (WTI) crude oil prices continue to find strong support this week, driven by escalating geopolitical tensions in the Strait of

  • by Jayshree
  • 2026-05-13
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