Month: April 2022

Overall markets are relatively mixed. Euro’s rebound attempt yesterday was rather disappointing, but it’s nonetheless still the best performer for the week. Dollar staged a strong rebound overnight, with help from hawkish Fed and rising yield, but there is no clear follow through buying yet. Commodity currencies were generally hammered by risk off sentiment. Yen
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The major European  indices  are ending lower on the day. For the week, the German Dax is near unchanged while the other indices are mostly lower: On the day: German DAX, -2.38% France’s CAC, -2.0%. UK’s FTSE 100 -1.3% Spain’s Ibex -1.96% Italy’s FTSE MIB -2.0% For the trading week: German DAX, unchanged France’s CAC,
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New Delhi: Gold prices spurted by Rs 263 to Rs 52,472 per 10 grams in the national capital on Friday in line with firm global trends, according to HDFC Securities. The precious metal finished at Rs 52,209 per 10 grams in the previous trade. Silver also moved higher by Rs 500 to Rs 67,707 per
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Sterling drops broadly today as weak UK retail sales data argues that the expected consumption drag from high inflation might have arrived already. Aussie is currently the second worse for the day, then Kiwi. On the other hand, Dollar is rebounding broadly, followed with help from risk aversion again. Yen also strengthens slightly in tight
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Inflation data were the main drivers in the forex markets in the past 12 hours. New Zealand Dollar turned slightly weaker after Q1 CPI came in lower than expected, despite surging to 30-year high. On the other hand, Canadian Dollar remains supported by the stronger than expected CPI readings released overnight. Dollar’s retreat appears to
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