Greenback to bounce back New York Federal Reserve President William Dudley stated that the rate hikes are apt to avoid inflation rises. This may pose serious risks to the growth rate of the United States. We believe that the inflation rate may remain at 2 percent. The White House refrained from suggesting its protectionist stance […]

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Japanese Yen continues to decline The latest news from the Nikkei read that “The yen has picked up strength to a level not seen in roughly four months, seemingly putting the Bank of Japan’s 2% inflation target in jeopardy.” Japan’s economy is slowly recovering and this shows improvements in the other global economies. This gives […]

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Dollar looking to recover President Donald Trump is planning to change his next moves after the latest healthcare bill debacle. According to reports, Trump’s administration is keen on changing the policies for tax reforms and infrastructure spending. Trump is planning to do both tax reforms and infrastructure spending concurrently. Doing so would probably achieve the […]

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GBP looks to rebound Prime Minister Theresa May feels that there would be limited risks after Brexit’s withdrawal and a strong price action may prevail. After May meets Scotland minister Nicola Sturgeon to initiate Britain’s departure from the European Union, she will trigger Article 50 of the Maastricht Treaty on Wednesday. The Prime Minister is […]

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Euro holds sideways German Chancellor Angela Merkel’s conservative party won an election in Saarland State against the Social Democrats on Sunday. Merkel’s victory was a huge blow to the rival center, Social Democrats. According to Germany’s ARD, Merkel’s conservative party member Christian Democrats won 40.8% of the votes in Saarland State on Sunday. Reports from […]

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Euro set for a correction The European Union’s chief Brexit negotiator Michel Barnier arrived at Brussels and warned Theresa May that UK will face risks if no deal was reached ahead of Brexit. Michel Barnier said in a speech to the Committee of the Regions in Brussels that “Guaranteeing their rights as European citizens, in […]

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Greenback looks to recover Some analysts and experts believe that oil will uplift the price of the gold. We must watch out for the crude oil-gold performance henceforth. Mike McGlone, Commodity Strategist for Bloomberg Intelligence recently stated that “Oil broke down below $50 a few weeks ago and that has been directly influencing higher gold […]

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NZD to Drop The Reserve Bank of New Zealand (RBNZ) held the OCR at a low value of 1.75%. We expect the markets to remain unaffected due to this. The RBNZ’s Monetary Policy Statement (MPS) for February kept the OCR at the same rate without any change. The Governor made sure that every risk arising […]

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XAU/USD Greenback to make a comeback Minneapolis Federal Reserve Bank President Neel Kashkari mentioned about the key points he made last week, condemning the recent FOMC decision to move ahead with its targeted increase in the federal funds rate. Also, he expressed concerns over the space between key economic indicators and the goals of the […]

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Aussie to Decline Although Australia’s inflation pattern showed a stronger growth, the inflation rates dropped down in March. Based on these patterns, the policy makers will device inflation measures accordingly. The Reserve Bank of Australia (RBA) slashed interest rates multiple times last year as inflation fell to lows. The RBA has held its cash rate […]

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