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European Central Bank (ECB) policymaker Olli Rehn commented on the monetary policy outlook during his speech on Friday. Key quotes Decision-making at each meeting remains key. Not committing to any rate path. ECB keeps full freedom of movement at all coming meetings. Market reaction At the time of w

Indian Rupee posts modest gains in Friday’s Asian session. The downbeat US economic data and uncertainty of Trump's policies weigh on the US Dollar. Traders brace for India’s Q1 GDP and US April PCE inflation reports, which are due later on Friday. The Indian Rupee (INR) gains ground on Friday, snap

There has been no further increase in downward momentum; instead of weakening, US Dollar (USD) is likely to trade between 144.60 and 145.70. In the longer run, USD remains in consolidation, but likely within a tighter range of 144.50/147.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note

A market-leading refiner of Platinum group metals headquartered in London yesterday published its new forecasts for the supply and demand of Platinum group metals, Commerzbank's commodity analyst Carsten Fritsch notes. Platinum faces third straight year of major supply deficit "According to the fore

In the global forex market, commodity trading has always been a major focus for investors. Commodities such as crude oil and metals attract a large number of traders due to their vast market size and strong liquidity. In this article, we will explore the characteristics of commodities, the main fact

Softer-than-expected US CPI data and expectations of converging economic growth and lower interest rates continue to hinder the dollar’s recovery. Share: Analysis feed

Asia market update: Geopolitics takes center stage as Iran acquiesces to Trump pressure, but Putin pours cold water on UR-RU meet up; JP carmakers under home pressure from US; Focus on US Apr PPI & Retail Sales. General trend - WTI crude fell as much as -2.5% on a potential big foreign policy wi