US Producer Price Index Surges in April Amid Escalating Iran Conflict
The United States Producer Price Index (PPI) recorded a sharp increase in April, driven largely by the escalating military conflict between the United
Forex News
Forex News
Silver’s Upside Remains Resilient on Sustained Eastern Demand: TD Securities
Analysts at TD Securities have highlighted that silver prices are maintaining a resilient upside trajectory, driven primarily by sustained demand from Eastern markets.
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Canadian Dollar Stalls Against USD as Scotiabank Flags Stretched Valuation
The Canadian dollar is trading in a narrow range against its US counterpart, with analysts at Scotiabank suggesting that the currency’s current valuation
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Gold Under Renewed Pressure as Strong US Inflation Data Bolsters Higher-for-Longer Fed Outlook
Gold prices are facing renewed downward pressure this week after a string of stronger-than-expected U.S. economic data, including both the Producer Price Index
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Euro Holds Near 1.1700 as Markets Await US PPI and Potential Trump-Xi Talks
The euro is trading near the 1.1700 mark against the U.S. dollar on Thursday, as currency markets remain in a holding pattern ahead
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AUD Outlook: TD Securities Highlights Fiscal Loosening and Contained Wages
The Australian Dollar (AUD) is navigating a complex macroeconomic landscape, with analysts at TD Securities pointing to a combination of fiscal loosening and
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US Producer Inflation Surges to 6% in April, Far Exceeding Expectations
The U.S. Bureau of Labor Statistics reported on Tuesday that the annual rate of producer price inflation (PPI) climbed to 6.0% in April,
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Indian Rupee Gains Support from Higher Gold Import Tariffs, Says BNY
Bank of New York (BNY) analysts have noted that the recent hike in import tariffs on gold is providing support to the Indian
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GBP/USD Technical Analysis: Decline Extends Below Key 20-Day EMA
The British pound extended its losses against the US dollar during the latest trading session, with the GBP/USD pair slipping further below the
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U.S. Dollar Gains Ground as Markets Eye Trump-Xi Summit and Fresh Inflation Data
The U.S. dollar strengthened against major currencies on Tuesday, driven by cautious optimism ahead of a highly anticipated meeting between President Donald Trump