US Dollar Index Pauses Rally as Focus Shifts to Fed Minutes and PMI Data: OCBC
The US Dollar Index (DXY) edged lower on Wednesday, pausing its recent rally as US Treasury yields retreated and traders turned their attention
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Forex News
Silver Price Drops 2.28% on Tuesday, Trading at $75.95 Per Ounce
Silver prices (XAG/USD) declined sharply on Tuesday, with the precious metal trading at $75.95 per troy ounce, according to data tracked by Bitcoin
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Japanese Yen Under Pressure as Fiscal Risks Revive ‘Takaichi Trades’ – DBS
Expectations for a new Japanese supplementary budget are reigniting so-called Takaichi trades, a dynamic that is pushing Japanese Government Bond yields higher and
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TD Securities Sees Canadian CPI Firming to 3.1% in April on Energy Costs and Carbon Tax Base Effects
Canada’s consumer price index is expected to show renewed upward pressure in April, with TD Securities forecasting the annual inflation rate to firm
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Polish Zloty Shows Resilience: Commerzbank Sees Limited Downside Risk
Analysts at Commerzbank have assessed the outlook for the Polish Zloty (PLN), concluding that the currency faces only limited downside risk in the
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Euro Slips as Canadian Dollar Rallies on Rising Oil Prices
The euro weakened against the US dollar in early trading this week, while the Canadian dollar gained ground, supported by a sustained rise
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Canada CPI Preview: Inflation Expected to Edge Higher in April Ahead of BoC Meeting
Canadian inflation data for April is set for release this week, with economists forecasting a modest uptick in the Consumer Price Index (CPI).
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Gold Vulnerable Near Daily Low as Hawkish Fed Bets and Geopolitical Tensions Lift USD
Gold prices are trading near their daily lows on Thursday, showing vulnerability as renewed expectations of a hawkish Federal Reserve and escalating geopolitical
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British Pound Underperforms Against Weaker Yen as UK Political Crisis Deepens
The British pound has notably underperformed against the Japanese yen in recent trading sessions, even as the yen itself remains broadly weak against
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Euro Surrenders Gains as Geopolitical Tensions and Rising Oil Prices Weigh on Sentiment
The euro gave back its recent gains against the US dollar on Tuesday, as renewed geopolitical uncertainty and a sharp rise in global