Gold Holds Steady Below $4,700 as US Dollar Strength, Hawkish Fed Cap Gains
Gold prices are trading in a narrow range on Tuesday, struggling to find direction below the key $4,700 resistance level. The precious metal
Forex News
Forex News
Societe Generale: Downtrend Pressure on USD/BRL Persists as Brazilian Real Holds Ground
Analysts at Societe Generale have indicated that the downtrend pressure on the USD/BRL currency pair remains intact, as the Brazilian real continues to
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US Dollar Index Faces Downside Risks Amid Delayed Easing, TD Securities Warns
The US Dollar Index (DXY) is facing notable downside risks even as markets push back expectations for Federal Reserve easing, according to a
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British Pound: Political Uncertainty Offsets Growth Support, Warns MUFG
The British pound is facing a tug-of-war between positive economic growth signals and lingering political uncertainty, according to a new analysis from MUFG
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Fed’s Schmid Warns Persistent Inflation Remains the Top Risk to the US Economy
Federal Reserve Bank of Kansas City President Jeff Schmid has identified continued inflation as the most pressing risk facing the U.S. economy, signaling
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New Zealand Dollar Slides as Trade Optimism and Strong US Data Lift the Greenback
The New Zealand Dollar (NZD) weakened against its US counterpart on Tuesday, extending recent losses as a renewed sense of optimism surrounding US-China
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BNY Flags Valuation Risks for Japanese Yen, Calls for Policy Coordination
Bank of New York Mellon (BNY) has issued a fresh analysis highlighting significant valuation risks for the Japanese yen, suggesting that the currency’s
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EUR/GBP Price Forecast: Cross Remains Capped Below Key SMAs Despite Tentative Rebound
The EUR/GBP cross is attempting a modest recovery from recent lows, but the pair remains firmly capped below several key simple moving averages
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Fed Set for Extended Pause Before Cautious Easing, UOB Analysts Say
The Federal Reserve is expected to hold interest rates steady for an extended period before initiating a cautious easing cycle later this year,
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Norwegian Krone Has Further Room to Strengthen Against Swedish Krona, Rabobank Says
Analysts at Rabobank have indicated that the Norwegian krone (NOK) retains further upside potential against the Swedish krona (SEK), driven by diverging monetary