US Personal Spending Surpasses Expectations in May, Rising 0.7%
Personal spending in the United States rose by 0.7% in May, exceeding the market consensus of 0.6%, according to data released Friday. The
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Euro Slips Against Pound as Falling Oil Prices Temper ECB Rate Hike Bets
The euro edged lower against the British pound on Tuesday, as a sustained decline in global oil prices dampened market expectations for further
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US Core PCE Inflation Rises to 3.4% in May, Matching Analyst Expectations
The US core Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, rose to 3.4% year-over-year in May 2025, according
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Thai Baht Faces Persistent Headwinds as US Yields Keep Pressure On: MUFG
The Thai baht continues to face a challenging environment as elevated US Treasury yields sustain a negative bias for the currency, according to
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WTI Crude Rebounds as Strait of Hormuz Tensions Resurface
West Texas Intermediate (WTI) crude oil futures edged higher on Wednesday, recovering from earlier losses as traders turned their attention to fresh geopolitical
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Japanese Yen Holds Near Intervention Levels as Strong US Data Reinforces Fed Caution
The Japanese yen is trading near levels that have historically triggered intervention by Japanese authorities, as a fresh batch of resilient US economic
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NZD/USD Price Forecast: RSI Flashes Oversold as Pair Tests Critical Support Near Seven-Month Lows
The New Zealand dollar continues to face significant selling pressure against its US counterpart, with the NZD/USD pair hovering near seven-month lows. The
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Thailand’s Central Bank Holds Rate Steady as Economy Faces Fragile Recovery: DBS
Thailand’s central bank is expected to maintain its key policy rate at 2.50% for the foreseeable future, according to a recent analysis by
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Gold Rebounds as US Dollar Rally Stalls Despite Higher Core PCE Inflation
The price of gold has rebounded in recent trading sessions, recovering from earlier losses as the US Dollar’s rally lost momentum. This movement
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Commerzbank: US Long-Run Growth Faces Headwinds from Rising China Challenge
In a recent analysis, Commerzbank economists have highlighted a significant shift in the global economic landscape, warning that the United States’ long-run growth