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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
EURUSD holds a constructive tone, though the thick descending daily cloud continues to act as a…
The Euro maintains a firm tone on Tuesday after the latest recovery pushed the pair to a two-week high at 1.1652, though the swift pullback that followed signaled strong upside rejection, reflected in a daily candle with a pronounced upper…
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Dollar slides amid rising rate cut expectations and weak US economic data
The dollar index came under renewed pressure on Monday, falling to a two-week low as bets for a Fed rate cut in December gained traction. Market participants are awaiting key US labor data, which could influence the central bank’s policy…
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Gold pushes to a new multi-week high as rising Fed rate-cut expectations and a softer dollar fuel…
Gold extended its upward trend on Monday, reaching a six-week high, driven by growing expectations of a Fed rate cut in December.
Weak US economic data, combined with recent dovish remarks from Fed policymakers, fueled renewed bets on…
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BTCUSD – sellers reassert control following a brief corrective bounce
BTCUSD slumped sharply in early Monday trading, losing around 6% by the mid-European session, retracing more than half of the 80514/93052 rebound and indicating that the corrective phase off the eight-month low at 80514 may have run its…
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Silver extends gains following Friday’s strong rally, reaching a fresh record high
Silver pushed further into uncharted territory, reaching a new record high of $57.84 in early Monday trading, extending Friday’s strong rally—the largest daily gain in nearly eight months at 5.6%—which broke and closed above the previous…
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AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
The pair slid by a full big figure and printed the lowest level in nearly a month after the Reserve Bank of New Zealand delivered a widely expected 25 basis point rate cut, while simultaneously signaling a pause, a shift that provided…
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USDJPY pulls back following verbal intervention signals
USDJPY retreated from a fresh ten-month high on Friday following comments from top Japanese officials that fueled expectations of potential intervention, as the yen had weakened sharply in recent weeks and approached levels where the…
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Gold drops sharply as expectations for a Fed rate cut in December continue to cool
Gold surrendered more than 3% on Friday, following hawkish comments from Fed officials that further dampened expectations for a December rate cut, pushing probabilities below 50% after they had been above 80% on Thursday and over 90% just…
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BTCUSD continues its sharp decline, plunging decisively below the key psychological support at…
BTCUSD remains in a sharp downtrend for the fourth consecutive day, with Thursday and early Friday seeing accelerated selling driven by broader risk-off sentiment.
Traders are cautious amid the absence of key economic data due to the…
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EURJPY surges to a new record high, but intervention risks loom large
EURJPY extended its strong uptrend, reaching new record highs as the yen remained under pressure following dovish remarks from Japan’s Prime Minister, whose administration signaled a preference for maintaining low interest rates.…
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