Euro Downtrend vs US Dollar Remains Intact, Key Support at 1.1600: UOB
Analysts at United Overseas Bank (UOB) have reiterated that the downtrend in the euro against the US dollar remains firmly intact, with the
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Gold Holds Near Late March Lows as Hawkish Fed Bets and Geopolitical Risks Lift the Dollar
Gold prices remained under pressure on Tuesday, hovering near the lows seen in late March, as renewed expectations of a hawkish Federal Reserve
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Indian Rupee Under Pressure as Rising Oil Prices and Higher US Treasury Yields Weigh
The Indian Rupee continued its downward trajectory against the US dollar on Wednesday, driven by compounding pressure from elevated global crude oil prices
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Canadian Dollar Under Pressure as Oil Retreats and USD Holds Firm
The Canadian dollar is trading on the back foot this week, facing renewed selling pressure as crude oil prices ease from recent highs
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Japanese Yen Catches a Break, No Thanks to the BoJ
The Japanese yen has staged a modest recovery against the U.S. dollar in recent trading sessions, but the catalyst is not coming from
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Pound Sterling Holds Ground as UK Inflation Data Signals Economic Shift
The British pound remained largely unchanged against major currencies on Tuesday, shrugging off the latest UK inflation figures that showed a sharper-than-expected decline
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Australia’s Manufacturing Sector Stalls as May PMI Slips to 50.3
Australia’s manufacturing sector lost significant momentum in May, with the S&P Global Manufacturing Purchasing Managers’ Index (PMI) falling to 50.3 from 52.3 in
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UK Inflation Drops to 2.8% in April, Undershooting Forecasts – What It Means for Rates and Households
The United Kingdom’s Consumer Price Index (CPI) rose 2.8% year-on-year in April 2025, according to data released today by the Office for National
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Inflation Risks Cloud the US Dollar Appreciation Case, Commerzbank Warns
Analysts at Commerzbank have issued a cautious note on the US Dollar, warning that persistent inflation risks are muddying the outlook for further
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Gold Bears Remain in Control Below $4,500 as US Dollar Holds Firm Near Six-Week High
Gold prices continue to face downward pressure, with bears maintaining control below the key $4,500 level. The precious metal’s struggle comes as the