GBP/USD Nears Key Moving Averages, Societe Generale Warns of Potential Inflection
The British pound is approaching critical technical levels against the US dollar, with Societe Generale analysts highlighting that the currency pair is nearing
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US Dollar: Hot CPI Keeps Fed Cautious, Says Danske Bank
The US dollar remains supported after a hotter-than-expected inflation report reinforces the Federal Reserve’s cautious stance on interest rate cuts, according to analysts
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Euro Extends Losses Below 1.1700 as Eurozone Economic Data Disappoints Markets
The euro extended its recent decline against the US dollar on Wednesday, slipping below the 1.1700 threshold as a fresh batch of Eurozone
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Gold Holds Below $4,700 as US Dollar Strengthens Ahead of PPI Data
Gold prices remain under pressure, trading below the $4,700 mark as the US dollar extends its recent gains. Market participants are now turning
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Eurozone Industrial Production Edges Up 0.2% in March, Falls Short of Forecasts
The Eurozone’s industrial sector showed modest growth in March, with production rising by 0.2% month-on-month, according to data released by Eurostat. The figure
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Oil Prices Climb on Renewed Middle East Risk, Rabobank Warns
Oil prices are edging higher as fresh geopolitical tensions in the Middle East fuel supply disruption fears, according to a new analysis from
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Commerzbank Sees Gradual Rise in India’s CPI Inflation Ahead
Analysts at Commerzbank have projected a gradual increase in India’s Consumer Price Index (CPI) inflation in the coming months, citing persistent food price
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Australian Dollar Gains Ground as Hawkish RBA Bets Intensify
The Australian Dollar (AUD) has emerged as one of the best-performing major currencies this week, buoyed by a growing wave of market speculation
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NZD/USD Forecast: Bears Tighten Grip as 0.5930 Support Faces Renewed Pressure
The New Zealand dollar continues to face headwinds against its US counterpart, with the NZD/USD pair trading under renewed bearish pressure. The 0.5930
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Dow Jones Futures Hold Steady as Markets Await US PPI Inflation Data
Dow Jones futures remained largely unchanged in early trading on Tuesday as investors adopted a cautious stance ahead of the release of the