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- EUR/USD Retreats from Peaks, but Bulls Remain Focused on Higher Targets
- Gold Rallies Over 3% on Broad-Based Dollar Weakness
- UK Consumer Prices Accelerate, Pushing Inflation to a Four-Month Peak in July
- Dollar Index Slides Through Critical Support Zone
- Gold Rally Takes a Breather Ahead of Crucial US Economic Reports
- July US Inflation Eases, Supporting Expectations for Policy Relief
- Brent Oil Pulls Back as Bulls Lose Momentum Near $90 Resistance
- RBA Keeps Rates on Hold While Leaving Door Open for Further Tightening
- EURUSD Bulls Retain Near-Term Advantage Despite Heavy Resistance Overhead
- USD Index Remains Under Pressure Near Key Technical Support Zone
UK Consumer Prices Accelerate, Pushing Inflation to a Four-Month Peak in July
British inflation accelerated to a four-month high in July, largely driven by regulators’ decision to raise the cap on household energy bills. At the same time, the fragile situation in the Middle East continues to pose a significant…
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Dollar Index Slides Through Critical Support Zone
The dollar index dropped to a two-month low on Monday after finally breaking below the pivotal 99.50 support zone, an area reinforced by the base of the daily Ichimoku cloud and a key trendline that had successfully repelled several…
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Gold Rally Takes a Breather Ahead of Crucial US Economic Reports
Gold prices eased slightly from a fresh nine-week peak in early Thursday trading as the positive impact of softer US inflation data began to fade and investors shifted their focus to the upcoming US Producer Price Index report for…
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July US Inflation Eases, Supporting Expectations for Policy Relief
US inflation moderated in July, largely reflecting lower energy costs following the recent ceasefire in the Middle East, easing pressure on the Federal Reserve to consider another interest rate increase in September.
The Consumer…
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Brent Oil Pulls Back as Bulls Lose Momentum Near $90 Resistance
Brent crude climbed to its highest level in more than a week on Tuesday, extending Monday’s near 5% rally after fresh comments from President Trump shifted market sentiment and overshadowed ongoing efforts by Iran and Oman to secure the…
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RBA Keeps Rates on Hold While Leaving Door Open for Further Tightening
The Reserve Bank of Australia left its cash rate unchanged at 4.35% for a second consecutive meeting, citing an economic slowdown that remains broadly in line with its expectations.
A softer-than-expected rise in Australia’s…
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EURUSD Bulls Retain Near-Term Advantage Despite Heavy Resistance Overhead
EURUSD pushed once again above the key resistance area at 1.1560/66 on Monday, encompassing the 100-day moving average and the top of the daily cloud, after Friday’s failed breakout attempt. However, the pair continues to encounter…
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USD Index Remains Under Pressure Near Key Technical Support Zone
The US dollar index is stabilizing after Friday’s nearly 0.5% decline, triggered by weaker-than-expected US nonfarm payrolls data that dampened expectations for further Federal Reserve rate hikes and weighed on the greenback.
Market…
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July Nonfarm Payrolls Disappoint, Highlighting a Marked Slowdown in US Employment
US nonfarm payrolls unexpectedly declined by 23,000 jobs in July, sharply missing expectations for an 80,000 increase. The report was further weakened by a downward revision to June's figure, which was cut to 20,000 from an initially…
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DOLLAR INDEX – Short-Term Consolidation Underway, Though Sellers Remain in Control Beneath 100
The Dollar Index continues to trade in a narrow consolidation range above a seven-week low, maintaining a bearish bias after last week’s sharp 1.5% decline.
Recent price action has been supported by a key confluence zone around…
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