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Fed's Bostic: Fed is open to all possibilities on path of economy

In an interview with Bloomberg on Monday, Atlanta Federal Reserve Bank President Raphael Bostic said that it is going to take a while before they are certain that inflation is going back down to 2%.
New
update2024.05.20 20:57

AUD/USD Price Analysis: Uptrend extends

AUD/USD was pulling back but it found support and rallied back up to within a few pips of the May 16 high at 0.6714.
New
update2024.05.20 20:48

EUR/GBP finds support near 0.8550, eyes on UK Inflation data

The EUR/GBP pair finds a temporary cushion near 0.8550 in Monday's European session.
New
update2024.05.20 20:22

EUR/USD strengths amid uncertainty over ECB rate cuts in July

EUR/USD clings to gains near 1.0900 in Monday's European session.
New
update2024.05.20 20:09

Gold rises to all-time high on safe-haven demand, shifting Fed expectations

Gold price (XAU/USD) rallies to record highs in the $2,440s on Monday due to its safe-haven qualities as the geopolitical risk barometer rises a notch due to increased tensions in the Middle East.
New
update2024.05.20 19:56

US Dollar extends retracement on Fed-packed Monday

The US Dollar (USD) is starting the week as it closed off the previous week: with some easing. Equities are on the front foot this Monday while commodities are trading higher, pushing the Greenback into some easing. Market volumes though might be a
New
update2024.05.20 19:45

USD/JPY exhibits volatility contraction near 155.60 due to sidelined US Dollar

The USD/JPY pair displays a sharp volatility contraction near 155.60 in Monday's European session.
New
update2024.05.20 19:39

BoE's Broadbent:

Bank of England (BoE) Deputy Governor Ben Broadbent said on Monday that it was possible that the BoE could cut the policy rate this summer, per Reuters.
New
update2024.05.20 19:16

Silver Price Analysis: Breaks out above top of four-year range and rallies above $32.00

Silver (XAG/USD) price has broken decisively above key resistance at $30.00 and risen parabolically, hitting its first upside target at $32.28.
New
update2024.05.20 19:06

AUD/JPY moves below 104.50 after China decides to hold interest rates

AUD/JPY has trimmed its intraday gains, trading around 104.20 during the European session on Monday, amid a risk aversion sentiment.
New
update2024.05.20 18:11

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