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Commodities

Market Drivers – US Session: Global Currency Pairs Rally as Traders Price In a Broad-Based Dollar Decline

The U.S. Dollar Index (DXY) is currently trading at 97.343, down 0.28% for the day. This recent decline is part of a broader weakening trend for the dollar. Over the last month, the DXY has fallen by 0.86%, and the losses are even more significant over longer periods, with the …

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Will the Fed’s Rate Cut Finally Unleash the Inflationary Beast?

The global economic narrative is dominated by a high-stakes question: can the Federal Reserve navigate a soft landing? The data presents a contradictory picture. On one hand, the U.S. labor market is showing clear signs of cooling, with recent reports indicating softer job gains and a rise in initial jobless …

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Oil’s Unstable Equilibrium: The High-Stakes Battle Between Politics and Production

Crude oil prices are currently locked in a persistent trading range, a reflection of the significant and often conflicting forces at play. Despite geopolitical tensions that suggest prices should be rising, the market remains skeptical. For instance, West Texas Intermediate (WTI) crude is trading around $63.27 per barrel, showing a …

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