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On Thursday, Citi announced its decision to exit a long position in the AUD/USD currency pair, citing recent economic data that suggests potential risk to their initial forecast. The firm had entered...
A look at the day ahead in European and global markets from Tom Westbrook Strong business activity indicators in Europe and an unexpected cooling in the U.S. have carried the euro above $1.07....
Investing.com-- Most Asian currencies rose slightly on Wednesday, as weakness in the dollar offered some relief to regional markets, although underperformance in the Japanese yen persisted despite...
Investing.com-- Australian consumer price index inflation grew more than expected in the first quarter of 2024, remaining above the Reserve Bank of Australia’s target range and presenting the central...
Investing.com - Asian Pacific markets opened higher on Wednesday, as tech stocks surged on Wall Street overnight. By 10:30 am AEST (12:30 am GMT), the S&P/ASX 200, KOSPI 200, and Nikkei 225 each...
The ASX looks set to open higher this morning following gains in the US overnight. The ASX SPI 200 Futures are trading up 27 points, or 0.35%, to 7,725. The ABS is due to release March quarter...
Investing.com - The Australian Stock Exchange is set to open in the green on Wednesday, following a higher close on Wall Street overnight, tech megacaps outperformed. The inflation numbers for...
Bank of America (NYSE:BAC) reported a bullish sentiment toward the US dollar among investors following a series of meetings. The bank noted that the combination of Federal Reserve repricing after...
The Australian sharemarket looks set to open on a positive note following a brisk session on Wall Street overnight, which saw the S&P 500 gain 0.87% to 5,010 points, the Dow move 0.67% to 38,239...
Investing.com - The U.S. dollar has been one of the success stories of the year so far, and Goldman Sachs (NYSE:GS) has updated its forecasts, leaning into the direction of the greenback being...
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