GBPJPY at a Crossroad Due to Diverging Economic Signals? 

In the UK, robust macroeconomic indicators have underscored the imperative for future rate hikes by the esteemed Bank of England (BoE), bolstering the GBPJPY currency pair. With year-on-year GDP growth…

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The WTI Crude Oil Futures Uptrend Gets Challenged 

The ascent of the WTI Crude Oil Futures (NYMEX: CL) has encountered a temporary barricade, relinquishing 42 basis points this week. Following an impressive seven-week surge, signs emerge that the…

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Australian Dollar Bucks the Trend as China Data Flows In 

Despite lacklustre wage growth in the latest quarter and RBA meeting minutes suggesting an end to the rate hike cycle, the Australian dollar found strength against its US counterpart, buoyed…

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The EURUSD Extends Declines Into 4th Consecutive Week. 

With four consecutive weeks of declines in the books, the EURUSD currency pair opened the new week on the back foot, sliding nearly 15 basis points lower.   The Greenback's recent…

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Gold’s Next Hurdle 

Gold and other precious metals have been under pressure against a rising yield backdrop, while stubbornly high inflation remains a focal point.   Gold Futures (COMEX: GC) have been trending lower…

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Inflation Data Puts Pressure on Non-Yielding Bullion 

The Gold Spot Price (XAUUSD) dropped to a one-month low as US inflation data bolstered the Greenback against the Bullion. Headline inflation rose by 0.2% to 3.2%, slightly below the…

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