Silver Price Forecast: XAG/USD Breaks Above $60.00 as Fed Tone Softens
Silver prices surged past the $60.00 per ounce mark during Tuesday’s trading session, driven by a notable shift in market sentiment following the
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Gold’s Deeper Pullback Eyes October Lows, Says Societe Generale
Gold prices are facing renewed downward pressure, with analysts at Societe Generale warning that the current pullback could deepen toward levels last seen
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Greece Producer Price Index Accelerates to 13.5% in May, Signaling Persistent Industrial Cost Pressures
The Greece Producer Price Index (PPI) rose to 13.5% year-over-year in May 2024, accelerating from a revised 12.8% increase recorded in April. The
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AUD/JPY Steadies as Australia’s May Trade Deficit Raises Questions
The Australian dollar held its ground against the Japanese yen during Thursday’s Asian session, despite the release of data showing Australia’s trade balance
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US Dollar Index Steadies Near 101.35 as Markets Brace for Nonfarm Payrolls Report
The US Dollar Index (DXY) is trading in a narrow range near 101.35 on Friday, reflecting a cautious market stance as traders await
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Australia’s Imports Surge to 2.6% in May, Accelerating from Previous Month
Australia’s monthly imports saw a significant acceleration in May, rising to 2.6% from the previous month’s revised figure of 0.8%, according to the
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Australia Exports Slump 6.9% in May, Reversing April’s Strong Gains
Australia’s export sector experienced a significant reversal in May, with the monthly figure declining by 6.9%. This sharp drop follows a robust 7.2%
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Australia’s Trade Balance Misses Forecasts Sharply in May, Falling to -3018M
Australia’s trade balance for May fell well short of market expectations, recording a deficit of -3018 million Australian dollars against a forecast of
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New Zealand Dollar Holds Near Weekly High vs US Dollar as Markets Eye NFP Data
The New Zealand Dollar (NZD) is trading near its strongest level against the US Dollar (USD) in a week, with the NZD/USD pair
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British Pound Holds Near 1.3300 as Burnham Reaffirms Fiscal Discipline; NFP Report in Focus
The British Pound is trading with a firm tone near the 1.3300 level against the US Dollar on Thursday, finding support after UK