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Euro-yen holds around ¥185 amid ongoing intervention

Euro-yen holds around ¥185 amid ongoing intervention

Euro-yen has recovered slightly from 30 April’s large drop in recent days amid ongoing moderate optimism of a resolution in the Gulf and comments from senior Japanese officials about being ready to intervene if necessary. The price remains very close to the record high of ¥188. News of indirect negotiations between the USA and Iran […]

Weekly data: Oil and Gold: Price review for the week ahead

Weekly data: Oil and Gold: Price review for the week ahead

This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook.  Highlights of the week: US inflation & PPI, UK GDP growth  Tuesday The US Inflation rate at 12:30 GMT, where the consensus is for an increase of around 0.1%, reaching […]

Solana Smashes $90 Barrier — Bulls Eye Key $96.80 Breakout…

Solana Smashes $90 Barrier — Bulls Eye Key $96.80 Breakout…

Solana cryptocurrency be expected to rise to the next resistance level 96.80 (former strong resistance from March).  Solana broke resistance area Likely to rise to resistance level 96.80 Solana cryptocurrency recently broke the resistance area between the round resistance level 90.00 (former monthly high from the middle of April, as can be seen from the […]

Dollar mostly down ahead of the NFP

Dollar mostly down ahead of the NFP

Positive sentiment on US-Iranian peace talks has been negative for the dollar and crude oil. Optimism among participants about progress in indirect negotiations between the USA and Iran has meant challenges for the dollar in recent days, with various risk on instruments like Asian and European shares making gains while American light oil also declined […]