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WTI holds near $69.00, five-week highs, following Trump’s renewed threat to Russia
WTI price hovers near five-week highs amid rising supply concerns. President Trump threatened to tighter deadline for Russia to end the war in Ukraine. The Fed is anticipated to leave its benchmark interest rate unchanged in July. West Texas Intermediate (WTI) Oil price steadies after registering ga
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EUR/GBP weakens as US-EU trade deal backlash weighs on Euro sentiment
The Euro falls for a second consecutive day against the British Pound as criticism mounts over the US-EU trade agreement.European leaders describe the deal as “unbalanced” and skewed in favor of Washington.EUR/GBP reversed from a near two-year high of 0.8753 on Monday, marking its sharpest daily dro
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AUD/USD bounces up from 0.6500 lows as the US Dollar rally loses steam
The Aussie is practically flat above 0.6500 after a three-day sell-off.The US Dollar has been boosted by strong US data and favourable trade deals.On Wednesday, the Australian CPI might help the RBA to ease monetary policy further at next month’s meeting. The AUD/USD has found some support at the 0.
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EU-US deal 'lesser of two evils' for EU
A good deal? Or has the EU capitulated? We see the terms of the deal as perhaps the lesser of two evils for the EU. Clearly, tariffs of 15% are far less severe than the 30% or even 50% levies that have been threatened by Trump in the last few weeks. Yet, these are also far harsher than the near 1% a
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How to Master Exchange Rate Conversion and Save Fees
In the rapidly evolving landscape of globalization and digitalization in 2025, exchange rate conversion has become an indispensable component of international financial activities. Whether for businesses conducting cross-border transactions or individuals investing in the forex market, accurately un
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Forex trading Silver: Reaching its peak? Gold in ascending triangle – Range trading AUD/USD [Video]
In today’s Market Outlook, let’s take a look at Forex Trading on Bitcoin, BTC/USD, AUD/USD, NZD/USD, USD/JPY, Silver, XAG/USD, and Gold, XAU/USD. We see the ascending triangle on Gold creeping up on the daily chart. The lower trend line on gold is becoming more and more defined as price action tries
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5 Things Traders Need to Know About Japan’s Upper House Election Results
Partner Center After months of political uncertainty and rising prices straining voters, Japan’s ruling coalition has officially lost its majority in the upper house election, marking the first time since 1955 that the LDP has lost control of both parliamentary chambers. For traders out there who ne
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NZD/USD weakens to near 0.5950 as cooler CPI hints at early rate cuts by RBNZ
NZD/USD softens to near 0.5960 in Tuesday’s Asian session. Softer New Zealand CPI inflation has fueled the prospect of an RBNZ interest rate cut in August. Concerns over the Fed independence might help limit the pair’s losses. The NZD/USD pair edges lower to around 0.5960 during the Asian trading ho
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ECB's Panetta: Should continue easing policy if downside growth risks reinforce disinflation
European Central Bank (ECB) executive board member Fabio Panetta argued on Friday that the ECB should continue to ease the monetary policy if downside growth risks reinforce the disinflationary process, per Reuters. Key takeaways "Monetary policy approach in coming months must remain flexible and pr
