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Forex
GBP/USD climbs to multi-day peak, beyond mid-1.2700s amid modest USD downtick
GBP/USD scales higher for the second straight day amid the emergence of some USD selling.
Forex
EUR/USD holds position above 1.0900 after breaking its losing streak
EUR/USD halts its three-day losing streak, trading around 1.0920 during the Asian session on Friday.
Commodities
Gold prices advance amid a strong US Dollar and high US yields
Gold price climbed during the North American session on Thursday after solid data from the United States (US) underpinned the Greenback.
Forex
Australian Dollar Price Forecast: Aussie steady as markets digest RBA signals
The AUD/USD pair recorded an upturn at 0.6580 during Thursday's sessions, a notable rise by 0.80%. The uplift is linked to a mix of the Reserve Bank of Aus
Commodities
Silver Price Forecast: XAG/USD rallies over 3.50% above $27.00
Silver price surged on Thursday and gained over 3.50% as traders reclaimed the $27.00 figure although strong US data, bolstered the Greenback.
Forex
Yen shorts largely cleared; sell USD/JPY on rallies above 147 - UBS
Investing.com - The majority of the fast money yen shorts have likely been fully liquidated, according to UBS, which should reduce future volatility.
Stocks
Citi is doubling down on this chip stock, urges investors to buy the dip
Semiconductor stocks fell sharply in recent days, pressured by a combination of macroeconomic headwinds and disappointing earnings results amid high expect
Economics
July inflation seen ticking higher but still good enough for Fed cuts: BofA
The consumer price index (CPI) data for June surprised to the downside but some of that surprise should reverse in July, Bank of America (NYSE:BAC) economi
Stocks
Tech sell-off is reminiscent of the October 1987 crash: Societe Generale
The recent equities rout has been driven by a mix of increasing U.S. recession fears, the unwinding of the yen carry trade, internal market dynamics domina
Economics
No Fed urgency leaves stocks at risk: JPMorgan
JPMorgan (NYSE:JPM) analysts have raised concerns that the current equity market is increasingly a "two-sided debate," with risks stemming from potential g
Economics
Barkin says Fed 'some time' to assess slowdown in economy amid normalizing growth
Investing.com -- Richmond Fed president Thomas Barkin on Thursday downplayed calls for urgent rate-cutting action, and said the Fed has time to wait to ass
Forex
GBP/USD lurches higher but still exposed to downside
GBP/USD found a step higher on Thursday, climbing roughly half of a percent as market sentiment continues to spool back up after a three-day plunge that ki
Forex
EUR/USD cycles near 1.0900 as Fiber traders tread water
EUR/USD went nowhere fast on Thursday, testing the 1.0900 handle before wrapping up the day’s action close to where it started.
Economics
Fed's Schmid: Lower rates would be appropriate if inflation continues to fall
Federal Reserve Bank of Kansas City Jeffrey Schmid said on Thursday that lowering monetary policy would be "appropriate" should inflation continue to come
Forex
Yen fluctuates in volatile trading, keeping investors cautious
The yen experienced volatile trading following a significant drop, influenced by the unwinding of carry trades and uncertainty around Japanese monetary pol
Commodities
Western insurers offer coverage for Russian oil despite worries about price caps
Western insurers, including American Club, West of England, and Norway's Gard, have provided insurance for Russian crude tankers, facilitating oil trade de
Stocks
Eli Lilly increases yearly projections as quarterly sales of weight-loss drug surpass $1 billion
Eli Lilly raises annual profit forecast by $3 billion due to increased manufacturing capacity for weight-loss and diabetes drugs.
Economics
US jobless claims seen at 233,000 last week; below expected 241,000
The number of Americans filing new applications for unemployment benefits fell more than expected last week, adding to the uncertainty over the conditions
Commodities
Natural Gas snaps two-day rally after Ukraine enters Russia
Natural Gas eases near 1% on Thursday after a stellar 8% surge earlier in the week.
Commodities
Oil could bounce; continue to recommend selling strength: Citi
Analysts at Citi Research in a note dated Wednesday have indicated a potential short-term rebound in oil prices to the low-to-mid-$80s per barrel for brent
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