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Soft Commodities

Dollar Weakness Sparks Short Covering in Sugar
May NY world sugar #11 (SBK25) Tuesday closed up +0.25 (+1.30%), and May London ICE white sugar #5 (SWK25) closed…
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Soft Commodities

Cocoa Prices Slip on Beneficial Weather in West Africa
May ICE NY cocoa (CCK25) Tuesday closed down -84 (-1.04%), and May ICE London cocoa #7 (CAK25) closed down -128…
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Soft Commodities

Coffee Prices Post Moderate Gains on Adverse Weather in Brazil and Vietnam
May arabica coffee (KCK25) Tuesday closed up +5.15 (+1.31%), and May ICE robusta coffee (RMK25) closed up +90 (+1.64%). Coffee…
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Crypto

Ethereum, Ripple: BTC, ETH, and XRP could face volatility as Trump’s “Liberation Day” nears
Bitcoin price hovers around $87,000 on Wednesday after recovering 4% in the last three days. Ethereum price finds support around…
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Crypto

XRP fails to rally as Ripple agrees to drop cross-appeal against SEC
Ripple CLO announced the company would drop its cross-appeal against the SEC. The SEC will keep $50 million of the…
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Economics

Fed’s Goolsbee believes borrowing costs would be “a fair bit lower” in 12-18 months from now – FT
Chicago Federal Reserve (Fed) President Austan Goolsbee said in a Financial Times (FT) interview on Wednesday that he “believed borrowing…
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Forex

FX option expiries for Mar 26 NY cut
FX option expiries for Mar 26 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.0600 828m…
Read More » USD/INR jumps on a rise in month-end US Dollar demand
The Indian Rupee weakens in Wednesday’s early European session. A rise in month-end US Dollar demand and higher crude oil…
Read More »EUR/USD gains traction above 1.0750 as US consumer confidence tumbles to a four-year low
EUR/USD holds positive ground around 1.0780 in Wednesday’s Asian session, adding 0.13% on the day. The US CB’s Consumer Confidence…
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Forex

GBP/USD Tests nine-day EMA barrier near 1.2950 amid a bullish bias
GBP/USD tests immediate barrier at nine-day EMA at 1.2938 level. The 14-day RSI reinforces strong bullish momentum as it stays…
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