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Forex Analysis

Forex analysis provides analyst coverage of major currency price action

Gold Rebounds From Three-month Low

Gold bounced back on Wednesday, after having fallen to its lowest since February 11 earlier in the session. Spot gold climbed 0.8 percent to $1,852.66 per ounce, while U.S. gold futures were up 0.6 percent at $1,851.57. Investors await the ...

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Oil Prices Recover As China's Virus Cases Ease

Oil prices climbed around 3 percent on Wednesday, after having fallen around 9 percent over the previous two sessions amid uncertainty over Russian energy embargo by EU and worries about prolonged Covid lockdowns in Shanghai. Benchmark Brent crude futures jumped ...

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Romania Inflation Accelerates Further

Romania’s consumer price inflation accelerated for the fifth successive month in April amid rising prices for food and non-food goods, data from the National Institute of Statistics showed on Wednesday. Consumer prices climbed 13.8 percent year-on-year in April, faster than ...

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Japan Leading Index Rises In March

Japan’s leading index increased in March after easing in the previous month, preliminary data from the Cabinet Office showed on Wednesday. The leading index, which measures the future economic activity, rose to 101.0 in March from 100.1 in February. The ...

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