Dollar Slips as Inflation Data Eases Rate Hike Jitters
The US dollar edged lower in trading on Wednesday after the release of inflation data that came in broadly in line with economists’
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US Durable Goods Orders Ex-Defense Slump 4.6% in May, Reversing April Surge
New orders for long-lasting manufactured goods in the United States, excluding the volatile defense sector, dropped sharply in May, reversing the strong gains
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US Dollar Eases After PCE Data, Yen Holds Near Intervention Zone
The US Dollar edged lower on Friday following the release of the latest Personal Consumption Expenditures (PCE) price index data, while the Japanese
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Silver Catches a Bid, But Analysts Say This Isn’t a Bottom
Silver prices have staged a modest recovery in recent trading sessions, catching a bid after a prolonged period of weakness. However, a closer
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Why Firm Economic Data Isn’t Enough to Boost the US Dollar
The US Dollar is facing a curious paradox. Despite a steady stream of economic data that, on the surface, points to a resilient
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Banxico Holds Key Rate at 6.50% as Expected, Citing Sticky Core Inflation
Mexico’s central bank, Banxico, left its benchmark interest rate unchanged at 6.50% during its March 2026 monetary policy meeting, a decision that was
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Fed’s Williams Calls Returning Inflation to 2% an ‘Imperative’ — What It Means for Rates
Federal Reserve Bank of New York President John Williams stated on Thursday that it is “imperative” for the central bank to bring inflation
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Chinese Yuan Weakness Deepens After Breakout Against US Dollar, UOB Analysts Say
The Chinese yuan has extended its recent decline against the US dollar, following a confirmed breakout from a key technical level, according to
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Semiconductor Index Rally Hits Elliott Wave Resistance: Pullback Targets Emerge
The recent rally in the Semiconductor Index has encountered a significant technical hurdle, with Elliott Wave analysis suggesting that a corrective pullback may
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Fed’s Goolsbee: Inflation Remains the ‘Clearly the Problem’ on Dual Mandate
Federal Reserve Bank of Chicago President Austan Goolsbee stated on Wednesday that the inflation side of the central bank’s dual mandate is currently