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USD stands strong amid increasing net long positions - Rabobank

The US Dollar (USD) and the Pound Sterling (GBP) gain momentum while the Euro (EUR) and the Japanese Yen (JPY) lose track, strategists at Rabobank note.
New
update2024.06.18 00:51

Japanese Yen weakens against USD amid tepid real wages, imported inflation

The Japanese Yen (JPY) trades lower by about a third of a percent against the US Dollar (USD), in the 157.80s on Monday, as the outlook for interest rates in the US remains elevated despite lower inflation and economic sentiment readings.
New
update2024.06.18 00:51

EUR keeps afloat amid ECB comments - Scotiabank

European Central Bank (ECB) policymakers indicated that the French situation is "contained", allowing the Euro (EUR) to float above 1.07, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2024.06.18 00:49

USD wins when carry meets politics - TDS

Global carry trade withers away leaving markets cling to the US Dollar as the best hedge to rising risks, TDS strategists note.
New
update2024.06.18 00:25

GBP/USD Price Analysis: Creeps lower, remains below 1.2700

The Pound Sterling extended its losses versus the Greenback on Monday, losses of some 0.06% as traders remain risk averse due to European political uncertainty.
New
update2024.06.18 00:10

US core services inflation remains above 5% for 24th consecutive month - NBC

Global financial markets cheered last week's weaker-than-expected US CPI data for May, with both the headline (+0.0%) and core (+0.2%) measures coming in a tick below consensus expectations, National Bank of Canada (NBC) strategists Stéfane Marion and Jocelyn Paquet note.
New
update2024.06.18 00:09

Post-OPEC+ oil price recovery fades away - TDS

Crude Oil's recovery could start to fade as upside momentum eases, TDS Senior Commodity Strategist Ryan McKay notes.
New
update2024.06.17 23:55

Precious metals start the week trading weaker - TDS

Gold (XAU/USD) faces some Commodity Trading Advisor (CTA) selling amid the back-and-forth price action, but the latest Federal Reserve (Fed) meeting generated some demand for the Yellow Metal, Ryan McKay, Senior Commodity Strategist, notes.
New
update2024.06.17 23:40

USD/JPY Price Analysis: Trades close to seven-week high near 158.00

The USD/JPY pair jumps to near 158.00 in Monday's American session.
New
update2024.06.17 23:36

Silver Price Analysis: Pulling back within a probable downtrend

Silver (XAG/USD) trades a third of a percent lower in the $29.40s on Monday.
New
update2024.06.17 22:42

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