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Japan’s Kishida: Appropriate for BOJ to maintain easy monetary policy
Japan's Prime Minister Fumio Kishida spoke at a press conference on Thursday in Tokyo. Kishida stated that it was appropriate for the Bank of Japan (BoJ) to maintain accommodative monetary conditions, per Reuters. Key quotes “The government will continue to coordinate closely with the Bank of Japan
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NZD/USD Price Analysis: Bears exert pressure, yet short-term bullish reversal seems possible
Rising seller traction is prevalent in the daily chart with the RSI deep in the negative area. The hourly chart signals a potential shift toward short-term bullish correction. The overall trend continues to be tilted to the downside. The NZD/USD pair is operating at around 0.6000 with losses, The ma
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GBP/USD outlook: Bulls gaining traction after a double rejection at 200DMA
GBP/USD Cable remains constructive in early Tuesday’s trading, after it was lifted by better than expected UK data on Monday and fading expectations for BOE rate cut in May. Fresh recovery was also underpinned by a double downside rejection at 200DMA (1.2591) on Fri/Mon however, bearishly aligned da
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Soft monetary policy outlook to boost commodity appetite [Video]
Nikkei index is mostly flat on Tuesday and the yen consolidates above 151 following yesterday’s threat from a Japanese official about a potential intervention to stop excessive bleeding in the yen. The dollar index gave back field yesterday and the S&P500 consolidated near ATH. Super Micro Compu
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Pull-up Update