US Consumer Sentiment Plunges to 48.2 in May, Hitting Historic Lows
The University of Michigan’s Consumer Sentiment Index fell to 48.2 in May, marking one of the lowest readings on record and signaling deepening
Forex News
Forex News
USD Steady as US Hiring Recovery Supports Fed’s Patient Stance: Commerzbank
The US dollar has held its ground in recent trading sessions as a steady recovery in hiring reinforces the Federal Reserve’s current policy
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EUR/USD Edges Higher as Mixed US Jobs Data and Iran Deal Hopes Weigh on Dollar
The euro strengthened against the US dollar during Tuesday’s trading session, as a mixed set of US labor market data and renewed diplomatic
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Gold Holds Firm as Mixed US Jobs Data and Middle East Tensions Drive Safe-Haven Demand
Gold prices remained resilient on Friday, holding near recent highs as traders weighed a mixed US jobs report against escalating geopolitical risks in
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Reports: US Military Strikes Tankers Near Strait of Hormuz
Unconfirmed reports emerging on [Date of report] indicate that the United States military has conducted strikes against oil tankers near the Strait of
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EUR/USD Recovery Targets Full Retracement, Says Scotiabank
Analysts at Scotiabank have noted that the EUR/USD currency pair is showing signs of a recovery that could extend to a full retracement
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Softer Jobs Data Bolsters Case for Bank of Canada to Hold Rates, Says TD Securities
Canada’s latest employment figures have come in softer than expected, reinforcing the view that the Bank of Canada is likely to maintain its
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Gold: PBoC Buying Underpins Central Bank Demand, Commerzbank Says
The People’s Bank of China (PBoC) continues to be a significant force in the global gold market, with its sustained purchasing activity providing
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Services-Led Growth Sustains US Inflation Pressures, TD Securities Warns
Analysts at TD Securities have cautioned that the continued strength of the US services sector is sustaining inflationary pressures, complicating the Federal Reserve’s
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Pound Sterling Outperforms Peers as Risk-On Sentiment Prevails; US NFP Data Awaited
The British pound strengthened against most major currencies on Thursday, capitalizing on a broad improvement in investor risk appetite. Traders moved away from