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Update: Equity Markets Fall Intraday, Oil Rises Amid Middle East Tensions
(Updates with latest market prices and developments.) US benchmark equity indexes were lower int...
Oman rules out fears of toll on Hormuz
Oman’s Foreign Ministry says during the European trading session on Thursday that future arrangements for the Strait of Hormuz, a critical passage to almost 20% of global energy supply, do not entail ...
Australian Dollar languishes around 0.6900 with US inflation data in the spotlight
The Australian Dollar (AUD) remains stuck near two-month lows against the US Dollar (USD) on Thursday, consolidating losses after plummeting about 2.5% in an eight-day losing streak.
Is Nvidia topping out?
NVIDIA is printing a new low for the month, and if we look closely, we can count five waves down as a leading diagonal from the highs. That’s a very specific pattern where waves four and two overlap, ...
USD/JPY ambitions for fresh all-time high near 162.00 amid firm US Dollar
The USD/JPY pair trades close to its fresh all-time high near 162.00 during the European trading session on Thursday. The pair advances as the US Dollar (USD) continues to outperform its peers due to ...
Euro: Energy prices and Yen flows influence outlook – ABN AMRO
Georgette Boele at ABN AMRO highlights that lower Oil and gas prices should, in principle, weigh on the Dollar and support the Euro, but EUR/USD has shown only a limited reaction so far.
US Dollar: Strong services keep inflation firm – TD Securities
TD Securities strategists expect May United States (US) core Personal Consumption Expenditures (PCE) Price Index inflation to firm, driven by services, while headline PCE is lifted by higher energy pr ...
British Pound picks up nearing 1.3200 with all eyes on US PCE Price Index data
The British Pound (GBP) shows mild gains against the US Dollar (USD) on Thursday, as investors trim their USD long positions ahead of the release of the US Personal Consumption Expenditures (PCE) Pric ...
South African Rand: Precious metals slump tempers carry outlook – BNY
BNY’s Geoff Yu argues that weaker precious metals are undermining the terms of trade for South Africa and Peru, limiting upside for South African Rand (ZAR) and Peruvian Sol (PEN) even in a supportive ...
Euro trades steady vs Yen as BoJ hawkish stance, fragile German sentiment limit upside
EUR/JPY trades around 183.90 on Thursday at the time of writing, up just 0.06% on the day, a near-symbolic gain that reflects market hesitation in the face of two diverging yet both tightening monetar ...
South Africa Producer Price Index (MoM) dipped from previous 3% to 2.6% in May
South Africa Producer Price Index (MoM) dipped from previous 3% to 2.6% in May
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $57.61 per troy ounce, up 0.31% from the $57.43 it cost on Wednesday.
South Africa Producer Price Index (YoY) rose from previous 4.8% to 7.8% in May
South Africa Producer Price Index (YoY) rose from previous 4.8% to 7.8% in May