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S&P 500: Equities jump on lower Oil and rates repricing – Deutsche Bank

Deutsche Bank strategists note a strong rally in US equities, with the S&P 500 posting its largest gain in two months as falling Oil prices and reduced Fed hike expectations improved the near-term...

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Markets 'buy' Trump’s pivot, but caution is warranted

Risk assets are heading into Friday’s European session with considerably more spring in their step than they had at the start of the...

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USD/CHF Price Forecast: Trades above 0.7950 after rebounding from nine-day EMA support

USD/CHF rebounds after registering modest losses in the previous day, trading around 0.7960 during the European hours on Friday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish...

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Indian Rupee: Policy support limits downside risks – Commerzbank

Commerzbank’s Charlie Lay and Moses Lim note that the Indian Rupee has weakened sharply versus the Dollar in 2026 on higher Oil prices, portfolio outflows and a stronger...

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Euro gains against Japanese Yen on more ECB interest rate hike hopes

The Euro (EUR) trades higher 0.12% higher to near 185.45 against the Japanese Yen (JPY) during the European trading session on...

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Japanese Yen trades back to intervention levels despite widely-expected BoJ hike

The Japanese Yen (JPY) continues to face substantial downside pressure, trading at highly elevated levels against the US Dollar and crossing historical intervention-trigger...

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ECB's Makhlouf: The central bank needs to get ahead of inflation

European Central Bank (ECB) Governing Council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said during the European trade on Friday that the central bank needs to act quickly before inflation starts accelerating...

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British Pound remains on the front foot vs a broadly weaker JPY after unimpressive UK data

The GBP/JPY cross regains positive traction following the previous day's good two-way price moves and sticks to intraday gains through the first half of the European session on...

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Brent: Gradual decline extends with lower targets – Societe Generale

Societe Generale’s Kenneth Broux and colleagues note Brent has fallen below $90 per barrel after US-Iran deal hopes and President Trump’s cancelled strikes. Their technical view highlights a sustained downtrend after losing the 50-DMA and breaking an ascending trend...

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ECB’s Kocher: Too early to predict July’s interest rate decision

European Central Bank (ECB) Governing Council member Martin Kocher stated in the European trade on Friday that it is too early to discuss what the central bank will do in the July...

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Week ahead – Central bank barrage ahead: Fed, BoJ, RBA, SNB and BoE in focus

The US dollar outperformed most of its major counterparts this week, with investors remaining convinced that the Fed may need to press the rate hike button before the end of this...

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Japanese Yen gives away gains with markets awaiting clarity on Iran’s war

The Japanese Yen (JPY) is giving away previous gains against the US Dollar (USD) on Friday, with the USD/JPY pair returning to levels above 160.00, widely considered as the limit of tolerable yen weakness for Japanese...

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Euro: ECB path tied to Middle East risks – MUFG

MUFG’s Lee Hardman reports that renewed optimism over a US-Iran deal has lifted the Euro against the Dollar, with EUR/USD moving back toward...

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Iran says MoU with US requires finalization by relevant authorities

Iran’s Mehr news agency has reported in the European trade on Friday that the draft with the United States (US) regarding the permanent peace deal needs finalization by relevant...

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Relief is not resolution

Financial markets are once again showing their ability to move quickly from fear to hope. Global sentiment improved as investors reacted to the possibility of geopolitical de-escalation in the Middle East, lower oil prices, stronger equity momentum, and a more stable U.S....

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US Dollar: Bullish consensus faces reversal risks – Nomura

Nomura’s Dominic Bunning and colleagues note that while the Dollar bull case remains supported by strong US data, higher Fed rate expectations and robust US equities, historical patterns around US data surprises point to downside risks for USD over the next few...

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Australian Dollar: Rebound tests 0.7060 resistance against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note AUD/USD’s sharp rebound from 0.6979 to 0.7055 has room to extend toward 0.7060, though a clear break above this level is seen as unlikely near...

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Rates spark: Oil still key to ECB outlook

We had our 25bp ECB hike, though markets were probably expecting more commitment to future moves during the meeting. But lower oil prices turn out to be the bigger dovish driver. If tensions with Iran were to re-escalate, we could still see rates rise significantly...

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