Ing
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Euro: Rally seen tiring below 1.16 against US Dollar – ING
ING’s Francesco Pesole highlights that EUR/USD price action after the US jobs report underlines the lack of a strong bullish…
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Gold: Softer US data boosts safe-haven demand – ING
ING’s commodities strategists highlight that Gold rallied after weaker US jobs data reduced fears of further Federal Reserve rate hikes. Lower Treasury…
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Brent: Supply recovery pressures prices – ING
ING analysts Warren Patterson and Ewa Manthey note that ICE Brent ended the second quarter sharply lower as markets price…
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British Pound: Sterling resilient but Euro cross supported – ING
Francesco Pesole at ING highlights the Pound’s resilience despite shifting expectations around the next United Kingdom (UK) Chancellor, with markets…
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Oil: downside momentum persists as risks linger – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil has posted only modest gains despite renewed US–Iran tensions and…
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Gold: Steadies after sharp correction – ING
ING strategists Warren Patterson and Ewa Manthey observe that Gold stabilized after dropping below the $4,000/oz mark earlier in the…
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Oil: Downside momentum persists as flows recover – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil rebounded after a vessel was struck in the Persian Gulf,…
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Copper: Prices supported by tightening stocks – ING
ING’s Warren Patterson and Ewa Manthey report that Copper prices edged higher on progress in US-Iran talks, which eased transit…
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Euro: Test of 1.140 seen before recovery against US Dollar – ING
ING’s Francesco Pesole sees a decent risk that EUR/USD will need to test 1.140 as lingering post-Fed Dollar momentum plays out before…
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Gold: Losses extend with higher-for-longer Fed – ING
ING strategists Warren Patterson and Ewa Manthey say Gold fell for a third straight session and week, losing over 2% as investors…
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