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Gold Price Forecast: Bulls Remain Cautious Following Sticky US CPI Print

Gold Price Forecast: Bulls Remain Cautious Following Sticky US CPI Print

Gold prices have bounced from the daily low around $1905/oz mark, helped by a slightly weaker USD. A surprise given the sticky US inflation print but ...
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US Headline Inflation Nudges Higher, the US Dollar Remains Nonchalant

US Headline Inflation Nudges Higher, the US Dollar Remains Nonchalant

US headline inflation rose for the second month in a row, boosted by surging gasoline prices, while core inflation met lowered expectations....
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Japanese Yen Outlook: Will US CPI Reignite FX Intervention Concerns?

Japanese Yen Outlook: Will US CPI Reignite FX Intervention Concerns?

The Yen’s appreciation proved to be short-lived as markets focus on a potentially higher inflation print in the US and further USD upside. EUR/JPY r...
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FTSE 100, DAX 40 and S&P 500 Drop Ahead of US CPI​​​

FTSE 100, DAX 40 and S&P 500 Drop Ahead of US CPI​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a drop in tech stocks ahead of Wednesday’s US CPI data release....
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EUR/USD Forecast: ECB to Upgrade 2024 Inflation Forecast?

EUR/USD Forecast: ECB to Upgrade 2024 Inflation Forecast?

EURO Bulls received fresh impetus yesterday following news that the ECB may upgrade the forecast for 2024 inflation to above 3%. The result has seen r...
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GBP Breaking News: UK Growth Contracts Leaving Pound on Offer

GBP Breaking News: UK Growth Contracts Leaving Pound on Offer

GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance....
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Australian Dollar Outlook: AUD/USD Momentum Fading, AUD/JPY Triangle Breakout Next?

Australian Dollar Outlook: AUD/USD Momentum Fading, AUD/JPY Triangle Breakout Next?

The Australian Dollar continues to face key turning points against the US Dollar and Japanese Yen. AUD/USD downside momentum is fading, and an AUD/JPY...
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Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high

Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high

Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in h...
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AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 05, 2023 18:00 GMT when AUD/JPY traded near 94.15.

AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 05, 2023 18:00 GMT when AUD/JPY traded near 94.15.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bea...
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