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Silver Price Forecast: XAG/USD falls toward $30.50 as US Dollar rises on hawkish Fed

Silver price (XAG/USD) pauses its three-day rally, trading around $30.60 during the Asian session on Thursday.
New
update2025.01.23 12:10

USD/INR trades with mild gains amid further foreign outflows

The Indian Rupee (INR) edges lower on Thursday. The continued selling by Foreign Institutional Investors (FIIs), US Dollar (USD) demand from importers and global uncertainties continue to undermine the local currency.
New
update2025.01.23 12:01

Japanese Yen hangs near one-week low against USD; focus remains on BoJ meeting

The Japanese Yen (JPY) edges higher during the Asian session on Thursday following the better-than-expected release of Trade Balance data from Japan, though it remains close to a one-week low against its American counterpart touched the previous day.
New
update2025.01.23 11:38

Australian Dollar steadies following Trump's decision to refrain from imposing tariffs

The Australian Dollar (AUD) remains steady against the US Dollar (USD) on Thursday, as market concerns eased following news that the China-specific tariffs proposed under US President Donald Trump's revised plan are significantly smaller than initially expected.
New
update2025.01.23 10:50

NZD/USD gathers strength above 0.5650 as China unveils fresh stimulus measures

The NZD/USD pair trades in positive territory around 0.5670 during the early Asian session on Thursday.
New
update2025.01.23 10:44

Chinese official says 100 billion Yuan to flow into shares every year from pensions

Chinese authorities on Thursday introduced several measures to stabilize its stock markets, including allowing pension funds to increase investments in domestic equities.
New
update2025.01.23 10:31

New Zealand's PM Luxon to ease foreign investment rules in bid to boost economy

New Zealand's Prime Minister Christopher Luxon said early Thursday that he will take any action necessary to improve competition in critical sectors such as banking, energy, and groceries.
New
update2025.01.23 10:16

PBOC sets USD/CNY reference rate at 7.1708 vs. 7.1696 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1708 as compared to the previous day's fix of 7.1696 and 7.2826 Reuters estimates.
New
update2025.01.23 10:15

WTI extends downside to near $75.00 amid uncertainties

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $75.00 on Thursday.
New
update2025.01.23 09:26

EUR/USD halts recovery during midweek slowdown

EUR/USD stumbled on Wednesday, giving up around one-tenth of one percent as markets grind through a lull between the week's key data prints.
New
update2025.01.23 08:56

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