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GIC provides the latest news about forex and commodities which influence market movements.
New Zealand Dollar Trades at 0.6260, Impacted by Economic Inflati...
The New Zealand dollar is in a slippery position as it needs bids to extend its price reversal from the previous day's monthly high, to then hit a weekly low around 0.6260 on Friday morning. Daily for
EUR/USD Soars Above 1.0950 as USD Weakens
Euro to USD today is reported to be slightly up around 1.0970 levels on Wednesday morning in Europe after posting its first daily gain in the last three days. The latest rise in the currency pair can
World Oil Prices Drop Today Ahead of US Inflation Data
At the start of trading, world oil fell today after experiencing a strong increase during the previous two sessions. This happened because the market was still cautious and waiting for the US inflatio
Rupiah Exchange Rate Today Strengthens at 14,700 Due to Varied GD...
Today's Rupiah exchange rate has shown figures that support Indonesia's optimistic economic growth, by decreasing to 14,680 on Friday morning. In this case, the Indonesian Rupiah (IDR) currency also b
Fed Monetary Policy Pause, Swiss Franc Increases Investor Demand
On Wednesday, the Swiss Franc saw a significant increase in demand from investors after the Federal Reserve (Fed) gave a neutral guidance after they raised interest rates by 25 bps to 5.00-5.25%. The
Euro USD Bullish Nears 1.1055 Ahead of Fed Monetary Policy
The Euro/USD currency pair gained as the US dollar weakened across the board ahead of the Federal Open Market Committee (FOMC) monetary policy meeting announcement due on Wednesday morning. The pair p
Global Gold Prices Flat Ahead of Fed Meeting
Global gold prices were stable on Tuesday as cautious market players awaited the latest signals from central banks regarding their monetary policy plans, especially from the US Federal Reserve. Today'
Bank Of Japan Undergoes Full Overhaul Of Monetary Easing
The Bank of Japan (BOJ) will conduct a thorough review of its past monetary easing measures and revise its guidance for the future policy path, the Nikkei newspaper reported on Friday. The news is bas
Euro Today's Value Increases Buying Offers Around 1.1000s
Today’s Euro (EUR/USD) is still in the forefront around the 1.1000 level as buyers continue to push the rally towards the highest level since March 2022. This happened after the previous day&rsq
WTI Crude Oil Today Rebounds Around $77.50
World crude oil prices today WTI cut its biggest daily decline in a week to around $77.50 ahead of the European session on Wednesday as market sentiment improved ahead of key US data and official week
UK Labour Market Data Report April 2023
In December 2022 to February 2023, the UK employment rate is estimated to have reached 75.8%, up 0.2 percentage points compared with September to November 2022. The increase in employment over the pas
EUR/USD Today Rebounds Near 1.1000
Euro Money - EUR/USD is consolidating its intraday losses around 1.0980 as traders look for further clues to extend the previous day's decline amid sluggish trading on Monday in Europe. EUT/USD tod
