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Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies
Saudi Arabia continues to snap up high volumes of Russia’s fuel oil as the Hormuz crisis has forced ...
Stock Market Today: Dow Up, Big Tech Falls Amid These Rate Hike Calls; This AI Stock Tests Entry (Live Coverage)
The Dow Jones index rises as Treasury Secretary Scott Bessent makes an Iran move. Microsoft falls on...
Forex Today: Fed rate decision and revised dot plot to ramp up volatility
Here is what you need to know on Wednesday, June 17:
United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8% in April, the data released by the Office for National Statistics (ONS) showed ...
United Kingdom Retail Price Index (YoY) up to 3.1% in May from previous 3%
United Kingdom Retail Price Index (YoY) up to 3.1% in May from previous 3%
Pound Sterling Price News and Forecast: GBP/USD drifts higher to near 1.3430 on Wednesday
The GBP/USD pair gathers strength to around 1.3430 during the early Asian trading hours on Wednesday, bolstered by Middle East peace hopes.
Japanese Yen gains ground as traders await Fed rate decision
The USD/JPY pair loses ground to near 160.25 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision ...
Indonesian Rupiah struggles as traders adopt caution ahead of Fed decision
USD/IDR gains ground after two days of losses, trading around 17,770 during the Asian hours on Wednesday. The pair appreciates as the Indonesian Rupiah (IDR) faces challenges as traders adopt caution ...
Euro sticks to positive bias above 1.1600 as bulls await Fed rate decision
The EUR/USD pair trades with a positive bias for the third straight day and holds steady above the 1.1600 mark through the Asian session on Wednesday.
Gold: Rising central bank demand and de-dollarization – Rabobank
Rabobank’s RaboResearch Global Economics & Markets team highlights growing central bank interest in Gold as global insecurity rises and de-dollarization continues.
AUD/JPY Price Forecast: Constructive bias prevails above 113.00, but neutral RSI spurs consolidation
The AUD/JPY cross trades in negative territory around 113.25 during the early European session on Wednesday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) after the Bank of J ...
Gold consolidates above $4,300 as traders look to Fed rate decision for fresh impetus
Gold (XAU/USD) struggles to capitalize on its weekly gains, though it holds above the $4,300 mark through the Asian session on Wednesday. The latest optimism over an interim US-Iran peace deal keeps t ...
EUR/JPY Price Forecast: Could rebound toward 186.50 as bullish bias prevails
EUR/JPY depreciates after three days of gains, trading around 186.20 during the Asian hours on Wednesday. The currency cross holds a constructive bullish bias as it remains above both the nine-day and ...
New Zealand Dollar sticks to positive bias as Iran peace deal undermines USD ahead of FOMC
The NZD/USD pair trades with a positive bias for the second consecutive day on Wednesday, though it lacks bullish conviction and remains below mid-0.5800s through the Asian session.