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12 minutes ago
AUD/USD extends gains to 0.6950 amid higher appetite for risk
The Australian Dollar (AUD) is outperforming most of its peers on Wednesday, and extends gains against the US Dollar (USD), reaching the mid-range of 0.6900s, from 0.6833 lows on Tuesday, fuelled by higher risk-appetite amid hopes of a swift end to the Iran war.
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18 minutes ago
BoE FPC: Global supply shock from Middle East war adds to rising vulnerabilities
In its Financial Policy Committee (FPC) statement released on Wednesday and reported by Reuters, the Bank of England (BoE) said the United Kingdom’s (UK) financial system remains resilient but warned that global risks are increasing as geopolitical tensions and stretched asset valuations raise the l
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24 minutes ago
Gold: Diversification role strengthens with safe-haven demand – HSBC
HSBC’s Willem Sels and Lucia Ku reiterate a constructive six‑month view on Gold, keeping an Overweight stance. They argue recent headwinds should be short-lived, with fundamentals still supportive.
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32 minutes ago
EUR/USD: Upside bias within capped range – UOB
UOB analysts Quek Ser Leang and Lee Sue Ann highlight a sharp EUR/USD rebound from 1.1446 to 1.1563, with scope for further gains toward 1.1595 while 1.1620 is seen as strong resistance.