US inflation relief supports koruna and forint – ING
Frantisek Taborsky at ING says lower US inflation and reduced Fed hike expectations bring relief to CEE FX, despite higher Oil and US–Iran tensions. He maintains a bullish view on the Czech koruna and Hungarian forint, expecting more gains in coming days. EUR/CZK is seen below 24.200, EUR/HUF lower within 350–360, while EUR/PLN is anchored […]
XAU/USD: Gold Slumps Back Toward $4,020 After US Inflation Sparks Brief Rally – TradingView
XAU/USD: Gold Slumps Back Toward $4,020 After US Inflation Sparks Brief Rally TradingView Source link
B&M falls 4% after Q1 UK sales miss as weak garden demand weighs
B&M falls 4% after Q1 UK sales miss as weak garden demand weighs Source link
Gold (XAUUSD) & Silver Price Forecast: Is $4,000 Gold’s Next Bounce or Breakdown? – FXEmpire
Gold (XAUUSD) & Silver Price Forecast: Is $4,000 Gold’s Next Bounce or Breakdown? FXEmpire Source link
Rebound needs softer Oil and data – OCBC
OCBC’s Sim Moh Siong and Christopher Wong report that Gold has rebounded from sub-4000 levels after softer United States (US) Consumer Price Index (CPI) prompted markets to pare Fed hike expectations and pushed USD and front-end US Treasury yields lower. They see the move as a reversal of excessive hawkish repricing rather than a macro […]
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.42%
Taiwan stocks lower at close of trade; Taiwan Weighted down 1.42% Source link
Gold Price Forecast: XAU/USD remains a ‘sell-on-rise’ trade amid US-Iran hostilities – FXStreet
Gold Price Forecast: XAU/USD remains a ‘sell-on-rise’ trade amid US-Iran hostilities FXStreet Source link
Indonesian Rupiah firms after S&P Global reaffirms stable grade rating
USD/IDR loses ground for the second consecutive day, trading around 18,110 during the Asian hours on Wednesday. The pair depreciates as the Indonesian Rupiah (IDR) strengthens following S&P Global Ratings’ reaffirmation of Indonesia’s investment-grade credit rating with a stable outlook. S&P noted that recent fiscal and external pressures, triggered by elevated oil prices and rupiah […]
Fender escalates Stratocaster copyright fight, taking aim at Yamaha
Fender escalates Stratocaster copyright fight, taking aim at Yamaha Source link
Gold steadies after CPI-led rally as Warsh tempers Fed rate cut optimism
Gold steadies after CPI-led rally as Warsh tempers Fed rate cut optimism Source link
