South African Rand’s Pressure Ease

In Tuesday’s trading session, the South African rand demonstrated resilience against the greenback, gaining 1%, echoing the trend observed across emerging market currencies.   This shift came amidst a weakening Dollar,…

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EURUSD Awaits Inflation Impact

Wednesday saw the EURUSD currency pair maintaining a subdued stance, with the US dollar holding its ground despite lacklustre economic indicators from the previous day. Despite expectations for a 4.5%…

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S&P Steady as Inflation Looms

Amidst a week marked by cautious sentiment, the S&P 500 Index (CME: ES) experienced a marginal 0.2% decline. The market witnessed mixed performances, with eBay surging 4% on dividend and…

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AUDUSD Down and Under Pressure

The Australian dollar faces headwinds from the RBA potentially pausing rate hikes after softer-than-expected inflation data (3.4% vs. 3.6% forecast) suggests inflation might be peaking. This dovish shift aligns with…

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