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PetrolFXStreet News

USD/CAD Price Forecast: Neutral RSI and soft ADX signal lack of momentum

USD/CAD fluctuates between minor gains and losses on Monday as the pair faces opposing pressure from a steady US Dollar (USD) and elevated Oil prices. At the time of writing, USD/CAD is trading nearly flat around 1.3672.

BRENTWTI
MakroFXStreet News

Swiss Franc: Safe-haven CHF held back by SNB – MUFG

MUFG economists highlight that the Swiss Franc (CHF) has underperformed as the Swiss National Bank (SNB) leans against currency strength and downplays current inflation.

INFLATION
PetrolFXStreet News

India: Upside risks build as price pressures broaden – Societe Generale

Societe Generale economist Kunal Kundu expects India’s April headline Consumer Price Index (CPI) inflation to rise to 3.9% year-on-year from 3.4% in March, driven by food-and-beverages and fuel components.

BRENTWTI
PetrolOilPrice.com

India Rejects Russian LNG Under Sanctions

India has officially declined Russia's offer to sell liquefied natural gas (LNG) from projects currently under U.S. sanctions, following April reports of an LPG-laden tanker en route to western India, according to Indian media reports on Monday. Last month, Reuters reported that the 138,200-cubic-me

BRENTWTI
PetrolFXStreet News

Dow Jones Industrial Average steady as Iran rebuff lifts Oil, CPI in focus

US equity index futures opened the week little changed as Wall Street weighed a renewed flare-up in the US-Iran standoff against this week's marquee inflation print.

BRENTWTI
PetrolOilPrice.com

Oil Prices Jump After Trump Rejects Iran’s Peace Proposal

Oil prices rallied on Monday morning after U.S. President Donald Trump rejected Iran’s response to a U.S. peace proposal, “I don’t like it – totally unacceptable,” Trump said in a Truth Social post, quashing hopes for an imminent resolution to the Middle East conflict that kicked off in late Februar

BRENTWTICRUDE
MakroFXStreet News

Euro: Recovery against US Dollar targets key Fib level – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the Dollar (USD), struggling against resistance in the upper 1.17s as softer European Central Bank (ECB) expectations weigh, partly offset by better risk sentiment.

ECB
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