Economic Indicators
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GBP/USD Maintains Positive Momentum Above 1.3400 Amid Weaker US Data
GBP/USD prices have thus far avoided a breakout to the downside, staying comfortably above the…
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Gold Price Experiences Downward Trend While Maintaining Ground Above $3,300
Gold prices (XAU/USD) remain under pressure for the second consecutive day. In fact, during the…
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Gold Price Under Pressure as Traders Await Key US GDP Data
Gold prices are treading a thin line in the short-run, battling to hold a three-week-long…
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Treasurer Chalmers Signals Market Anticipation for Interest Rate Cuts
Australian Treasurer Jim Chalmers sought to temper willy-nilly market expectation of interest rate hikes in…
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Japanese Yen Remains Steady as Traders Anticipate Bank of Japan Policy Shift
The Japanese Yen traded with little volatility during the most recent trading days. Futures traders…
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Chinese Manufacturing PMI Influences Market Dynamics as CNY Remains in Focus
The release of China’s Manufacturing Purchasing Managers’ Index (PMI) for March was met with both…
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Currency Markets Show Mixed Signals with USD Fluctuations
Since our last currency market update, the USD has been on a bit of a…
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Gold Prices Decline While Australian Dollar Gains on Inflation Data
Gold prices resumed their decline on Wednesday, falling to around $3,315 in the early Asian…
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Fluctuating Fortunes: The Australian Dollar and China’s Economic Health
The Australian Dollar’s value hinges significantly on the economic landscape of China, the nation’s largest…
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Gold Prices Decline as Australian Inflation Data Boosts AUD/USD
This selling pressure continued through Wednesday, with gold prices drifting lower and breaking below $3300…