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World FX news

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NZD/USD Price Analysis: Momentum slackens as buyers get rejected at the 200-day SMA

At the end of the week, the NZD/USD has lost 0.21% as buyers seem to have run out of steam.
New
update2024.05.11 06:53

Fed's Barkin: Inflation will hit 2% with appropriate time and policy

Federal Reserve (Fed) Bank of Richmond President Thomas Barkin hit newswires late Friday reaffirming a "patient" approach from the Fed will eventually reduce inflation to the US central bank's desired target level.
New
update2024.05.11 06:02

GBP/JPY Price Analysis: Rallies for five-straight days climb above 195.00

The Pound Sterling (GBP) will finish the week on a higher note against the Japanese Yen (JPY), posting gains of more than 0.26% on Friday and 1.74% weekly.
New
update2024.05.11 05:52

Silver Price Analysis: XAG/USD retreats as shooting star looms, sellers eye $28.00

Silver prices reversed on Friday amid high US Treasury yields and a stronger US Dollar.
New
update2024.05.11 05:21

EUR/JPY Price Analysis: Bullish forces steering the market, minor pullbacks possible

The EUR/JPY has been dominating with a steady bullish trend.
New
update2024.05.11 05:11

Gold price soars above $2,350 as US consumer sentiment deteriorates

Gold prices advanced sharply late in the North American session on Friday, up by more than 1% despite US Treasury bond yields remaining high.
New
update2024.05.11 04:17

USD/NOK trades mildly lower after Norwegian CPI data

The USD/NOK pair is trading with mild losses around 10.85. The Federal Reserve's (Fed) hawkish approach seems to be aiding the USD, while strong economic recovery signals in Norway aren't offsetting this impact on the NOK.
New
update2024.05.11 03:49

Fed's Kashkari: I am cautious about monetary policy, can't rule out another hike

Minneapolis Federal Reserve (Fed) President Neel Kashkari added his voice to the procession of Fed officials giving their views on the US inflation outlook and the Fed's policy stance on Friday.
New
update2024.05.11 03:40

Dow Jones Industrial Average finds thin gains despite declining consumer sentiment

The Dow Jones Industrial Average (DJIA) gained around a hundred points on Friday as equities try to shake off a decline in the University of Michigan's Consumer Sentiment Index which showed US consumers are increasingly concerned about long-run inflation taking hold.
New
update2024.05.11 03:13

Fed's Goolsbee: Housing remains a significant inflation challenge

Further comments from Chicago Federal Reserve (Fed) President Austan Goolsbee highlighted the Fed's ongoing battle with stubborn inflation that refuses to cool off to the US central bank's 2% target.
New
update2024.05.11 02:59

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