Germany’s June HICP Unexpectedly Contracts 0.2% Month-on-Month, Missing Forecasts
Germany’s Harmonized Index of Consumer Prices (HICP) fell by 0.2% in June compared to the previous month, according to data released today. The
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Forex News
Gold Price Forecast: XAU/USD Holds Near $4,000 as Bulls Defend YTD Lows
Gold prices continue to trade near the psychologically significant $4,000 level, with XAU/USD struggling to mount a recovery after slipping to year-to-date lows
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US Dollar Rally Stalls as Data and Warsh Weigh on Sentiment: ING
The US dollar’s recent rally appears to be losing steam, according to a new note from ING, as currency markets brace for a
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AUD/USD Steadies as Hawkish RBA Minutes Meet Firm US Dollar Ahead of Labor Data
The Australian dollar held steady against a broadly firm US dollar on Tuesday, as traders digested hawkish minutes from the Reserve Bank of
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Euro Trims Gains Against British Pound Despite Stronger Eurozone PMI Figures
The Euro pared its earlier gains against the British Pound on Monday, even after the release of better-than-expected Eurozone Purchasing Managers’ Index (PMI)
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Indian Rupee Gains Support as Lower Oil Prices Ease Import Costs
The Indian Rupee is finding sustained support against the US Dollar, driven largely by the recent decline in global crude oil prices. As
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Euro Struggles as Markets Doubt Further ECB Rate Hikes This Year
The euro is underperforming against major currencies this week as growing uncertainty over the European Central Bank’s ability to deliver additional interest rate
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JOLTS Job Openings Expected to Edge Lower in May as Fed Stays Focused on Inflation
The U.S. Bureau of Labor Statistics is set to release the Job Openings and Labor Turnover Survey (JOLTS) data for May later this
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WTI Crude Steadies Near $70 as Markets Eye Diplomatic End to Iran Tensions
West Texas Intermediate (WTI) crude oil futures held steady near the $70 per barrel mark on Tuesday, as market participants increasingly price in
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Spain’s Current Account Surplus Narrows Sharply to €1.88 Billion in April
Spain’s current account balance recorded a surplus of €1.88 billion in April, a significant decline from the revised €4.61 billion surplus posted in