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Japanese Yen stays on the back foot despite hawkish BoJ expectations

USD/JPY extends its sideways movement below the 160.00 psychological mark on Tuesday as the US Dollar (USD) struggles to gain traction. Receding expectations of a Federal Reserve (Fed) interest-rate hike at the upcoming meeting weigh on the Greenback, even as tensions in the Middle East keep the monetary policy outlook…

Higher-rate risk to keep prices range-bound – TD Securities

TD Securities strategists see Gold supported by doubts over the Federal Reserve (Fed) but with limited near-term upside. They argue that potential oil-driven inflation could keep Gold confined to a defined trading range into early 2027, before easing inflation, a weaker USD Dollar (USD) and lower carry costs drive prices materially higher later that year.Fed path and oil risks steer gold”While gold, silver, and PGMs have benefited significantly from the narrative that the Fed will…

Business

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Chrysler parent Stellantis announced on Monday that nearly one million vehicles  worldwide are being recalled over radio software that may prevent rearview cameras from displaying images properly. About 955,000 Chrysler, Jeep, Dodge and Ram vehicles are affected by the recall.This covers more than 848,000 vehicles in the U.S., including various 2026 and 2027…

Markets

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Investing

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