WTI Oil Holds Above $102 as US-Iran Ceasefire Talks Remain Uncertain
West Texas Intermediate (WTI) crude oil prices held steady above $102 per barrel on Wednesday, as traders weighed the latest developments in US-Iran
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Japanese Yen Steadies as Strong Domestic Growth Offsets Hawkish Fed Risks
The Japanese yen stabilized in early Asian trading on Wednesday, finding a temporary footing as robust first-quarter gross domestic product data from Japan
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US Dollar Index Price Forecast: Downside Path to 100.00 Remains Intact as Hawkish Fed Bets Firm
The US Dollar Index (DXY) continues to trade under selling pressure, with the broader technical and fundamental outlook pointing toward a sustained decline
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FOMC Minutes Preview: TD Securities Seeks Clarity on Fed’s Hawkish Shift
As markets await the release of the April Federal Open Market Committee (FOMC) minutes, analysts at TD Securities are focusing on one central
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AUD/USD Faces Negative Bias as UOB Flags 0.7030 Support Level
The Australian dollar is facing renewed selling pressure against the US dollar, with analysts at United Overseas Bank (UOB) warning of a negative
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British Pound Stalls Against Japanese Yen After Soft UK CPI Release
The British Pound (GBP) traded virtually unchanged against the Japanese Yen (JPY) on Wednesday, hovering just below the 213.00 mark after the release
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USD/CAD Price Forecast: Sustaining Above 50% Fibonacci Retracement Key for Further Gains
The USD/CAD currency pair is at a critical technical juncture, with traders closely watching the 50% Fibonacci retracement level as a key threshold
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EUR/GBP Holds Losses Near 0.8655 After Eurozone, UK Data Releases
The EUR/GBP currency pair remained under pressure on Tuesday, holding losses near the 0.8655 level as traders digested the latest economic data from
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Dollar Holds Near Six-Week High as Iran Tensions and Rate Hike Bets Drive Markets
The U.S. dollar maintained its position near a six-week high on Wednesday, supported by escalating geopolitical uncertainty surrounding Iran and growing market expectations
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Euro Slips to Fresh Six-Week Low as Final Eurozone Inflation Data Confirms Trend
The euro extended its decline against the US dollar on Wednesday, hitting a fresh six-week low as final inflation data for the Eurozone