New Zealand Dollar Retreats as Hot US PPI Data Offsets Rising RBNZ Rate Hike Bets
The New Zealand Dollar (NZD) surrendered earlier gains against the US Dollar (USD) on Friday, as hotter-than-expected US Producer Price Index (PPI) data
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Singapore Dollar Consolidation Continues; OCBC Favors Selling on Rallies
Singapore Dollar (SGD) is expected to remain in a consolidation phase in the near term, with market strategists at OCBC recommending a tactical
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Defensive equities outperform as chip stocks retreat: Danske Bank
Danske Bank has reported a notable shift in equity market dynamics, with defensive sectors outperforming as semiconductor stocks retreat. The observation, based on
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Australian Dollar Stays Range-Bound Against US Dollar, Says UOB
The Australian Dollar (AUD) continues to trade within a defined range against the US Dollar (USD), with analysts at United Overseas Bank (UOB)
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Euro Weakens Against British Pound as Traders Await Eurozone GDP Data
The euro edged lower against the British pound during early European trading on Wednesday, as market participants positioned themselves ahead of the release
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U.S. Dollar Rallies as Producer Inflation Data Keeps Fed Rate Hike Possibility Alive
The U.S. dollar strengthened broadly on Wednesday after the release of hotter-than-expected producer price index (PPI) data for January, reviving speculation that the
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ECB’s Lane: Current Energy Shock Unfolds in Less Demand-Supportive Environment Than 2022
European Central Bank Chief Economist Philip Lane has highlighted a key difference between the current energy price surge and the one that followed
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Malaysia’s Subsidy Costs Remain Manageable, Funding Resilient: BNP Paribas
Malaysia’s subsidy expenditure, while substantial, remains within manageable levels and the country’s funding capacity continues to demonstrate resilience, according to a recent analysis
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Silver Price Forecast: Six-Day Rally Targets $90 as Bulls Seize Control
Silver prices have extended their winning streak to six consecutive sessions, with the precious metal now setting its sights on the psychologically significant
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US Dollar Surges After Hot Inflation Data; Markets Eye Retail Sales and UK GDP
The US Dollar strengthened broadly on Wednesday after the release of hotter-than-expected US inflation data, reinforcing expectations that the Federal Reserve will maintain
