Hudson
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Spring has brought a more muted Euro area price pressure
Longer dated yields edged a bit lower in a week with few data surprises and no surprises from the Fed. In FX markets, yen trading has been the most action packed with USD/JPY touching 160 for the first time since 1990, triggering what looks like intervention from Japanese authorities on several occa
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Sensex, Nifty End Modestly Higher On Fed Pivot Bets
Indian shares ended modestly higher on Thursday as trading resumed after the May Day holiday the previous day. Underlying sentiment was supported somewhat following less hawkish-than-expected comments from the U.S. Federal Reserve. On Wednesday, the U.S. central bank signaled that it will still pivo
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EUR/USD: US Dollar is back in the fore and Fed's President comments could strengthen it more
The European single currency has lost ground near the 1.0650 level as the US dollar has returned to the fore and is recording gains against all major currencies. Pressures on international stock markets have returned to the table and as a result the US currency receiving the benefits as it tradition
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DAX Dips Ahead Of Key Inflation, GDP Data
German stocks fell slightly on Tuesday ahead of key euro zone inflation and GDP data due later in the day. Meanwhile, the German economy avoided recession in the first quarter, preliminary data from Destatis showed earlier today. Gross domestic product grew more-than-expected 0.2 percent sequentiall
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Silver Price Forecast: XAG/USD falls to three-week low near $26.70 with eyes on Fed policy meet
Silver price tumbles to $26.70 as US yields rise ahead of Fed policy. The Fed is expected to keep interest rates steady with hawkish guidance. Investors should be prepared for high volatility this week, as the US NFP will follow the Fed’s policy. Silver price (XAG/USD) drops to near three-week low o
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Indonesia Bourse May Add To Its Winnings On Tuesday
The Indonesia stock market on Monday ended the two-day slide in which it had tumbled almost 140 points or 2 percent. The Jakarta Composite Index now sits just above the 7,155-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is flat to slightly higher a
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Forex Today: FX intervention hurt the Dollar
The Greenback started the week on the back foot in a week where interest rate cut bets by the Fed would remain in centre stage amidst the FOMC event and the release of April’s Non-farm Payrolls. Here is what you need to know on Tuesday, April 30: A negative start to the week saw the Greenback give a
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U.S. Dollar Rebounds Against Some Majors
The U.S. dollar rebounded against some of major counterparts in the New York session on Monday. The greenback recovered to 0.6546 against the aussie and 0.5959 against the kiwi, from an early nearly 3-week low of 0.6586 and more than a 2-week low of 0.5982, respectively. The greenback advanced to 1.
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German Companies' Price Expectations Rise Slightly - Ifo
More companies in Germany plan to raise prices in April and inflation is likely to remain above the European Central Bank's 2 percent target in the coming months, the ifo institute said Monday. The ifo price expectations measure rose to 15.1 points in April from 14.3 points in March. "Inflation is u
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Gold price edges higher amid heavy USD selling in Japan
Gold price edges higher on rumors Japanese authorities are selling the Dollar to buy the Yen The precious metal has weakened amid expectations interest rates will remain higher for longer in the US. The US Federal Reserve meeting in May could color the outlook for interest rates, impacting Gold pric
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Paul Haggis: Trailblazing Filmmaker and Storyteller Inspiring a New Generation
Paul Haggis, from the dynamic realm of Hollywood synopsis, is an opulent director, who has left an innovative and inspiring mark by projecting the most fascinating storyline, which extends beyond the screen. In this blog, we will find how Haggis has formed a signalling lighthouse for the audience, a
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