Kimberley
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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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Geopolitics once again take centre stage, as UK Retail Sales wither
Nearly a week to the day when Iran sent drones and missiles into Israel, Israel has retaliated and sent a missile into Iran. The initial reports caused a large uptick in the oil price. Brent crude jumped nearly $4 per barrel on the news above $90 per barrel, but it has since retreated as the details
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USD/CAD depreciates to near 1.3750 on improved risk sentiment amid weaker crude Oil
USD/CAD loses ground due to the subdued US Dollar on Thursday. Lower US Treasury yields put pressure on the Greenback. The decline in the WTI price may limit the advance of the Canadian Dollar. USD/CAD extends its losses for the second consecutive session on Thursday, trading around 1.3750 during th
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Silver Price Forecast: XAG/USD rises to near $28.50 on market caution
Silver price appreciates as traders adopt caution on expectations of Israel responding to Iran's attack. The decline in the US Dollar provides support to advance Silver demand. The price of the white metal could struggle as the Fed may adopt a hawkish stance on its monetary tightening. Silver price
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The US economic engine is running too hot
Markets On Monday, US stocks faced a retreat, with rising yields casting a long shadow despite robust earnings reports. Investors were initially buoyed by hopes that the conflict in the Middle East would not escalate further but continued to exercise caution, waiting for the dust to settle and for t
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EUR/USD: Euro on defense mode but geopolitical risk could put the 1.0600 under challenge
The single European currency tries to react in the early trading hours of the new week and defend the level of 1,06 after Friday's sharp losses. Last week ended with significant losses for the European currency as hot inflation in the United States and heightened geopolitical concerns drove the US d
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NZD/USD clings to near 0.5950, Business NZ PSI falls back into contraction
NZD/USD rebounds from five-month lows despite hawkish tone surrounding the Fed. Business NZ PSI decreased to 47.5 for March, from the previous reading of 52.6. Fed Kansas President Lorie K. Logan will speak in a panel discussion at the BoJ-IMF conference on Monday. NZD/USD rebounds from a five-month
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