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- USD/JPY trades above 160 despite mounting intervention speculation
- Brent oil’s daily cloud support remains under threat following an unsuccessful recovery phase
- Gold may enter a consolidation phase above channel support ahead of another downside attempt
- The dollar index surged to its highest level in nine weeks as investors priced in increased odds of additional Federal Reserve rate hikes and reacted to mounting geopolitical risks
- U.S. hiring remains resilient as NFP logs second straight month of robust job growth
- EUR/USD seeks clear direction to break out of extended sideways consolidation
- USD/JPY pauses below 160 barrier amid intervention threats and BoJ rate Hike signals
- The OECD has warned that escalating conflict in the Middle East could push the global economy into recession and fuel higher inflation.
- BTC/USD Drops Deeper Below $70,000 as Bearish Momentum Accelerates
- War Continues to Weigh on Eurozone Manufacturing, While UK and US Sectors Hold Up Better – PMI
Gold extends its strong momentum and sets sights on another test of its record high
Gold climbed to its highest level in nearly two months on Friday after decisively breaking above the recent range ceiling at $4264, reaffirming the continuation of the recovery leg from the $3886 low of Oct 28 and pushing through the…
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EURUSD pushes higher as the post-Fed rally continues to gain momentum
The Euro holds a firm tone and extends its climb to a seven-week high on Thursday, building on Wednesday’s 0.6% post-Fed jump that accelerated bullish momentum.
The currency continues to draw support from the Fed’s rate cut and the…
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Fed lowers rates as anticipated, signals pause in further easing
The US Federal Reserve lowered interest rates by 25 basis points on Wednesday, as widely anticipated, but signaled a likely pause in early 2026, awaiting clearer indications from the labor market and persistent inflation pressures.
The…
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Silver surged past $60 to a new record high, supported by robust industrial demand and continued…
Silver surged to a new record high of $61.59 on Wednesday, extending Tuesday’s strong rally that posted a 4.5% daily gain and broke through the psychological $60 barrier.
The metal continues to benefit from robust safe-haven demand…
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Dollar index holds steady in subdued trading ahead of key Fed policy decision
The dollar index’s recovery from the 98.70 daily higher base (bottom of pullback from the 100.32 peak) slowed on Wednesday as traders awaited the conclusion of the Fed’s two-day policy meeting.
Markets largely expect a 25-basis-point…
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BTCUSD – recovery gathers pace, shifting attention to key near-term resistance levels
The rebound extends into a third consecutive session and picked up momentum on Monday, rising about 2.2% by mid-European trade, as fresh bullish signals emerged following a break above the bear-channel upper boundary at 90,700 and the 38.2%…
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AUDUSD extends its rally for the eleventh consecutive session
AUDUSD extends its steep uptrend for the eleventh consecutive session and remains on course for a second weekly advance, supported primarily by broad dollar weakness amid rising expectations for a Fed rate cut, while also maintaining a firm…
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Cable jumps higher on weaker-than-expected US ADP payrolls
Cable surged to a fresh five-week high on Wednesday, initially supported by stronger-than-expected UK November services PMI, while a sharper-than-anticipated decline in US private payrolls (ADP report) fueled bets for a Fed rate cut in…
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US private sector payrolls saw a sharp decline in November, according to ADP data
The ADP employment report revealed an unexpected decline in US private payrolls, with a drop of 32K in November, compared to an upwardly revised 47K increase in October (previously 42K) and a consensus expectation of a 5K gain.
The…
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Eurozone services sector growth strengthened further in November – PMI
Eurozone Composite Purchasing Managers’ Index (PMI), which tracks performance of both, manufacturing and services sector, and indicates overall economic health, rose to 52.8 in November from 52.5 in October, marking its sixth monthly…
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