GBP/USD holds above 1.3300 as haven bids lift the US Dollar

GBP/USD holds above 1.3300 as haven bids lift the US Dollar The British Pound (GBP) holds firm during the North American session on Friday, clings above the 1.3300 figure, yet seems poised to finish the week with 0.20% losses against the US Dollar (USD). Risk aversion due to an energy shock caused by the Middle East conflict and the haven appeal of the…

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Prediction markets are no longer just getting faster than traditional coverage

For investors and traders navigating the current volatility, here is a backdrop of what happened over the recent trading sessions, characterized by escalating geopolitical tension and significant market retreats: Those are some important catch-up from investingLive.com and now let’s dive in some interesting angles I see from the prediction markets lately. Prediction Markets Are Starting to Price Time, Not…

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Momentum weakens, downside risks build below 0.6900

The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, with AUD/USD extending losses for a fourth straight day as the Greenback remains broadly supported amid ongoing geopolitical tensions in the Middle East. At the time of writing, the pair is trading around 0.6866, slipping to fresh two-month lows. The US Dollar continues to draw support…

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Iran expected to deliver counter-proposal to the US today – report

From Jennifer Jacobs at CBS News: The Iranian response to the U.S. peace proposal is expected later today, sources familiar with the matter told Marg Brennan and me. President Trump and top White House officials have been told that Iran’s counter-proposal would likely arrive Friday via interlocutors. It will be interesting to see if this gets published. I wonder…

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Energy shock risks and policy playbook – Societe Generale

Societe Generale’s Kunal Kundu analyses how the Iran conflict exposes India’s macro vulnerabilities through imported energy dependence and trade route risks. Kundu highlights broad spillovers from higher Oil and gas prices into the consumption basket and external balances. He argues for a calibrated fiscal–monetary mix, with the central bank treating inflation as transitory and targeted government support for households….

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AUDUSD is contained below a swing area. Sellers are in control.

The AUDUSD moved below a key swing area between 0.6896 and 0.69088 yesterday, shifting the bias more to the downside. That break gave sellers more control and opened the door for further downside probing. In the early Asian session, the pair extended lower to 0.68707, but buyers stepped in, triggering a snapback rally. That rebound pushed the price back…

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Inflation pressures from Oil and festivals – DBS

DBS Group Research expects Indonesia’s March CPI inflation to stay firm at 4% year-on-year, slightly below February’s 4.8%, but with a faster monthly pace. Analysts highlight the impact of higher energy prices and festive demand, as well as base effects. Policy options include holding retail fuel prices via budget savings, though prolonged conflict could force price hikes or subsidy…

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Philadelphia Fed Pres. Paulson: Fed has made notable progress bringing inflation down

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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