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MakroFXStreet News

GBP/USD weakens as Fed and BoE caution, geopolitics bolster US Dollar

GBP/USD trades lower on Tuesday, hovering around 1.3490 at the time of writing, down 0.33% on the day as investors trim positions ahead of key monetary policy decisions from the Federal Reserve (Fed) and the Bank of England (BoE) later this week.

FED
MakroFXStreet News

GBP/JPY consolidates near highs as momentum shows signs of exhaustion

The British Pound (GBP) weakens against the Japanese Yen (JPY) on Tuesday as the Yen gains traction following the latest monetary policy decision from the Bank of Japan (BoJ).

PetrolOilPrice.com

Asia's LNG Imports Hit 7-Year March Low as War Chokes Qatari Supply

Asia's LNG imports slumped in March to the lowest level in seven years for the month as the closed Strait of Hormuz trapped the supply and Qatar declared force majeure following Iranian missile strikes on its LNG infrastructure. Asian imports of liquefied natural gas dropped by 4.3% from a year earl

BRENTWTI
MakroFXStreet News

ECB: Higher inflation expectations tilt stance – TD Securities

TD Securities analysts highlight that the European Central Bank (ECB) Consumer Expectation Surveys showed a notable upside surprise in 1-year and 3-year inflation expectations.

ECBINFLATION
PetrolFXStreet News

The United Arab Emirates exits OPEC, shaking global energy market

The United Arab Emirates (UAE) announces its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+), marking a major turning point for the balance of the global energy market.

BRENTWTI
MakroInvesting.com Commodities
PetrolOilPrice.com

UAE Quits OPEC and OPEC+ as Hormuz Crisis Drags On

The United Arab Emirates is leaving OPEC and OPEC+, effective May 1, the country's state news agency WAM confirmed Tuesday, ending nearly six decades of membership and stripping the cartel of its third-largest producer in one of the most consequential exits in OPEC's history. The announcement landed

CRUDE
PetrolInvesting - emtia
AltınFXStreet News

Gold hits four-week low as firmer US Dollar, Oil-driven inflation weigh

Gold (XAU/USD) slips to a near one-month low, pressured by a firmer US Dollar (USD) and mounting Oil-driven inflation concerns, as investors await clearer signals on stalled diplomatic efforts between the United States (US) and Iran to end the war.

GOLD
PetrolFXStreet News

WTI Oil rises to $98.00 with the US-Iran peace process stalled

Crude prices appreciated for the second consecutive day on Tuesday, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $98.00 at the time of writing, its highest price since April 13.

WTICRUDE
MakroFXStreet News

USD/JPY Price Forecast: Recovers strongly after testing Descending Triangle breakout

The USD/JPY pair is up 0.17% to near 159.70 during the European trading session on Tuesday. The pair trades higher as the US Dollar (USD) outperforms its peers ahead of the two-day Federal Reserve (Fed) policy meeting, which will start later in the day.

FED
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