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Taiwan Industrial Output Rebounds, Retail Sales Growth Eases Sharply
Taiwan's industrial production expanded in March after falling in the previous month, preliminary data from the Ministry of Economic Affairs showed on Tuesday. Separate official data showed that retail sales expanded at a slower pace at the end of the first quarter. Industrial production climbed 3.9
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German Private Sector Returns To Growth
Germany's private sector expanded for the first time in ten months in April driven by a solid rise in services activity, survey results from S&P Global showed on Tuesday. The flash composite output index rose more-than-expected to 50.5 in April from 47.7 in the previous month. The reading was se
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GBP/USD rebounds from YTD trough, steadily climbs back closer to 1.2400 mark
GBP/USD attracts some dip-buyers on Monday amid a softer USD, though lacks follow-through. Easing geopolitical tensions boosts investors’ confidence and undermines the safe-haven buck. Reduced Fed rate cut bets should help limit the USD losses and cap any further gains for the pair. The GBP/USD pair
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Gold Price Forecast: XAU/USD holds below $2,400 on Fed hawkish comments, eyes on geopolitical risks
Gold price trades on a softer note near $2,385 on Monday. The hawkish shift in market sentiment could dampen demand for yellow metal. The rising conflict between Israel and Iran might lift the gold price. Gold Price (XAU/USD) attracts some sellers around $2,385 on Monday during the early Asian tradi
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NZD/USD Price Analysis: Defends crucial support of 0.5860
NZD/USD bounces back from 0.5860 as the US Dollar edges down. Investors see the RBNZ beginning to reduce interest rates from November. The Kiwi asset trades inside the Descending Triangle pattern, suggesting indecisiveness among investors. The NZD/USD pair turns sideways slightly below 0.5900 in Fri
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Tension heats up as geopolitical stress intensifies [Video]
It’s been a wild start to Friday with markets getting tossed around after news broke of Israel’s retaliatory strike on Iran. Initially, there was a wave of panic and fear, with US equity futures sinking and everything pretty much selling off against the US Dollar on the flight to safety. Share: Anal
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NZD/JPY Price Analysis: Buyers dominance diminishes, market could favor sellers soon
The daily RSI shows that buyers' hold over the market is likely fading, signaling the growing presence of sellers. On the hourly chart, indicators underline a prominent seller command in the past sessions. The NZD/JPY is trading slightly lower at around 91.23. It seems the firm grip buyers had over
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