Gold Forecasts Revised Lower on Rising Bond Yields: OCBC
OCBC Bank has revised its gold price forecasts downward, citing the persistent pressure from rising bond yields. The adjustment reflects a reassessment of
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Swiss Franc Recovers Losses as April Trade Surplus Holds Steady
The Swiss franc pared earlier losses against major currencies on Tuesday, after data from the Federal Customs Administration showed the nation’s trade surplus
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Japanese Yen Stays Weak Against Dollar, Losses Capped Below 159.95: UOB
The Japanese yen remains under pressure against the US dollar, though further losses are being contained below the key 159.95 level, according to
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Euro Slips Against US Dollar as Yields Climb: Danske Bank Weighs In
The euro edged lower against the US dollar on Wednesday, pressured by a continued rise in US Treasury yields, according to analysts at
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Dollar Holds Near Two-Month High as Gulf Tensions Rise; Jobs Data in Focus
The US dollar remained elevated near a two-month high on Tuesday, supported by renewed geopolitical tensions in the Gulf region, while traders held
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Japanese Yen Strengthens as Easing Risk Aversion Weighs on US Dollar
The Japanese yen has gained ground against the US dollar in recent trading sessions, driven by a shift in market sentiment as risk
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Euro Rebounds From Weekly Low Against USD on Israel-Lebanon Truce, But Upside Seen Limited
The euro bounced off its weekly low against the U.S. dollar on Monday, finding temporary support after news of a ceasefire agreement between
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PBOC Sets USD/CNY Reference Rate at 6.8203, Weakening Yuan Slightly
The People’s Bank of China (PBOC) set the daily reference rate for the yuan against the U.S. dollar at 6.8203 on Tuesday, a
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Why Are Bitcoin Miners Setting Up Next to Nuclear and Hydro Plants?
Bitcoin miners setting up next to nuclear and hydro plants is one of the clearest signals of how the mining industry has matured
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Asia FX Steadies After Sharp Losses as Dollar Strength and Gulf Tensions Weigh
Asian currencies found some stability on Wednesday after a turbulent period marked by a resurgent US dollar and escalating geopolitical tensions in the