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- EURUSD – bulls remain firmly in control, extending the rally above the thick daily cloud
- Gold extends its strong momentum and sets sights on another test of its record high
- EURUSD pushes higher as the post-Fed rally continues to gain momentum
- Fed lowers rates as anticipated, signals pause in further easing
- Silver surged past $60 to a new record high, supported by robust industrial demand and continued safe-haven buying
- Dollar index holds steady in subdued trading ahead of key Fed policy decision
- BTCUSD – recovery gathers pace, shifting attention to key near-term resistance levels
- AUDUSD extends its rally for the eleventh consecutive session
- Cable jumps higher on weaker-than-expected US ADP payrolls
- US private sector payrolls saw a sharp decline in November, according to ADP data
Cable – Pullback Stabilizes at Key Support Levels Ahead of Fed and BOE Rate Decisions
Cable rebounded from a fresh three-week low at 1.3415, which followed a sharp 1.2% drop on Tuesday triggered by weaker-than-expected UK inflation data for May. A softer U.S. dollar also supported the recovery on Wednesday, as markets turned…
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U.S. Retail Sales Disappoint in May, Highlighting Broader Economic Uncertainty
Retail sales in the U.S. declined more than anticipated in May, dropping 0.9% following a downwardly revised 0.1% dip in April, according to data from the Commerce Department’s Census Bureau. The decline exceeded market expectations for a…
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Oil prices drop sharply as the absence of immediate threats to global supply weakens bullish…
WTI oil prices fell over 6% by early U.S. trading on Monday, as traders took profits following last week’s nearly 13% rally.
The prior surge was driven by easing U.S.–China trade tensions, which boosted hopes for stronger global growth…
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Gold could break above \$3500 if geopolitical tensions intensify further
Gold surged to a seven-week high at \$3444 overnight after Israel’s attack on Iran intensified geopolitical tensions, triggering strong safe-haven demand and a rapid price jump.
The break above the \$3400 area—previously a strong…
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Dollar Index – Bears Maintain Control, Pressuring Key Support Levels
The dollar index extends losses for a second straight day, weighed down by growing expectations of Fed rate cuts—fueled by softer-than-expected May inflation—and ongoing uncertainty surrounding trade tariffs.
Thursday’s renewed selloff…
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Gold gains on heightened geopolitical tensions and growing expectations of a Fed rate cut
Gold reached a one-week high early Thursday, building on Wednesday’s nearly 1% surge, driven by softer-than-expected U.S. inflation data that weakened the dollar and reinforced expectations for Federal Reserve rate cuts.
Rising…
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WTI crude hits a fresh multi-week high amid rising optimism over U.S.–China trade negotiations
Oil prices continue to rise, supported by growing optimism over a potential U.S.–China trade agreement that could ease geopolitical tensions, support global economic growth, and strengthen oil demand.
WTI crude climbed to its highest level…
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Near-term action is awaiting directional signals from a break of either boundary of the daily…
USD/JPY continues to trade within the daily Ichimoku cloud (144.43–145.59), and remains confined between the Tenkan-sen and Kijun-sen lines, with the Kijun-sen (145.38) acting as a cap on today’s price action.
The near-term technical…
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Gold Rebounds Off Major Support, Eyes Fresh Catalysts for Next Move
Gold Price Inches Higher After Testing Key Support, But Recovery Remains Fragile
Gold prices edged higher in early European trading after slipping to a fresh one-week low. The metal broke below strong support around the $3300 level—a key…
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Gold Trades Cautiously Ahead of Key U.S. Jobs Report
Gold is trading within a narrow range during Friday’s European session, maintaining a constructive tone despite Thursday’s sharp rejection at the pivotal $3400 level and a daily close in the red.
The near-term price action remains centered…
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