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Australian Dollar pares gains amid improved US Dollar, awaits US PCE
The Australian Dollar remains firmer due to the hawkish sentiment surrounding RBA’s rate trajectory. The Australian Dollar gains in response to the Aussie 10-year yield hitting a 21-week high of 4.59%. The rebound of the US Dollar could be attributed to a shift in market sentiment toward risk-off. T
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AUD/JPY hovers around five-month highs ahead of BoJ's policy decision
AUD/JPY extends its winning streak after the lower-than-expected Tokyo CPI data released on Friday. The Australian 10-year Government Bond Yield has reached a 21-week high of 4.59%. Tokyo CPI has fallen below the Bank of Japan's (BoJ) 2% target for the second time this year. AUD/JPY extends its winn
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Mexican Peso broadly weaker as market sentiment sours
The Mexican Peso falls as market sentiment turns negative. Equities are down after Meta shares tumbled on Q2 guidance and rising Middle East tensions. The Peso loses ground against the Euro after Bund yields spike on Bundesbank president’s comments. The Mexican Peso (MXN), which is especially sensit
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Sensex, Nifty Marginally Lower In Early Trade, Axis Bank Surges Over 4%
Indian shares opened Thursday's session on a subdued note, tracking weak cues from other Asian markets after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected revenue. Caution on eve of the expiry of April series derivative contracts also weighed on se
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AUD/JPY Price Analysis: Bulls steer the market towards 101.00, its highest since 2014
The daily RSI of the AUD/JPY continues its uphill journey, nearing overbought territory, amplifying buying traction. Hourly indicators are also strong, with no signs of bears. A healthy correction shouldn't be ruled out. The AUD/JPY market showcases an increasingly bullish trend. The cross stabilize
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Australian Dollar Rises On Strong Consumer Inflation Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's higher-than-expected consumer prices on quarter in the first quarter of 2024. Data from the Australian Bureau of Statistics showed that the consumer prices in Aus
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Saraf Furniture: Your One-Stop Shop for High-Quality, Stylish Furniture | Saraf Furniture Reviews
Consider factors such as wear and tear, fading upholstery, or perhaps even structural damage. Saraf Furniture Reviews often celebrate the longevity of their pieces, a testament to their enduring quality. In this regard, Saraf Furniture, with its unwavering commitment to elegance, understands the sen
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New Zealand's annualized Trade Balance declines $-9.87 billion after a rise in MoM Exports
New Zealand's Trade Balance in NZD terms fell $-9.87 billion through the year ended in March, slightly less than the previous YoY period, which declined $-12.06 billion, a slight downside revision from the initial print of $-11.99 billion. New Zealand's Exports rose to a 10-month high of 6.5 billion
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Precious metals continue to lose ground
UK input price pressures build as services sector drives growth outlook. Eurozone PMI survey gains drive Euro strength. Precious metals continue to lose ground. The FTSE 100 has started to reverse back from record highs, after a fresh PMI survey that saw the services sector reading jump into the hig
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NZD/USD Price Analysis: Bears hold sway, subtle signs of potential bullish reversal emerging
Diminishing red bars of the daily MACD imply a potential easing of bearish momentum, signaling an early indication of a bullish turnaround. The hourly chart reveals an RSI oscillating in the positive zone, and MACD with green bars, signaling potential short-term positive momentum. The NZD/USD pair a
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