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- GOLD – Bullish bias holds above $3325, supported by U.S. fiscal uncertainty
- Sterling plunges amid escalating political turmoil in the UK
- Dollar index – Bears Hold Ground Above Multi-Month Lows as Markets Brace for Key U.S. Jobs Data
- GOLD – New Rally Offers Temporary Relief and Lifts Market Optimism
- USD/JPY – Bearish Momentum Intensifies
- WTI Oil – Bearish Momentum Stalls Above Daily Ichimoku Cloud
- Gold prices tumble on ceasefire talks, following a subdued response to recent conflict escalation over the past two days
- Gold – remains largely unchanged despite escalating geopolitical tensions
- WTI crude oil – short-term sentiment has eased following a gap-up opening and a surge to a new multi-month high, though broader bullish momentum remains firmly in control
- UK retail sales post steep decline in May
USD/JPY – Bulls Maintain Control in Low-Volume Boxing Day Trading
The USD/JPY pair remains firm in holiday-thinned trading on Thursday, approaching last Friday’s peak of 157.92, the highest level since mid-July.
The pair is poised for its fourth consecutive weekly gain and a monthly advance of over 5% in…
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BTCUSD – Extended Pullback from Record High Intensifies, Testing Key Support Levels
BTCUSD’s retreat from its recent record high has extended into a third consecutive day, accelerating after breaking below the critical psychological support at 100K.
The completion of an Evening Doji Star reversal pattern on the daily…
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USD/JPY surges following Fed and BoJ policy announcements
USD/JPY surged to a new multi-month high on Thursday, following the Bank of Japan’s decision to maintain interest rates unchanged during its policy meeting, further reinforcing the positive signals from the Fed’s hawkish rate cut on…
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Dollar index – a limited correction following the post-Fed rally is likely to pave the way for…
The dollar gained across the board on Thursday, driven by the widely expected Federal Reserve decision to cut rates by 25 basis points and signal a slower pace of rate cuts in 2025.
US policymakers are fully aware of the current…
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UK Inflation Surpasses Expectations in November
Inflation in Great Britain rose above expectations in November, reaching its highest level since March, though the negative impact was partially offset by unchanged services inflation, one of the key indicators for underlying inflation…
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USD/JPY – The dollar continues to be well-supported by the wide divergence between the Fed’s and the…
USD/JPY remains steady, though trading in a narrower range on Wednesday, as investors await the FOMC decision later today.
Tuesday’s dip from a three-week high, which interrupted a six-day rally, is likely to be short-lived, as the…
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AUD/USD slides to a new low for 2024 as markets brace for a widely anticipated hawkish rate cut by…
AUD/USD has reached a new low for 2024, trading near its lowest level since October 2023 on Thursday, following a strong bearish signal generated by Tuesday's close below the previous annual low (0.6348, August 5 spike low).
The…
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Gold remains under pressure and targets key support levels
Gold prices extended their decline on Tuesday morning, following a two-day sharp drop (down 2.5%) that paused on Monday.
A stronger dollar, driven by growing expectations of elevated U.S. interest rates, continues to pressure the metal’s…
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Anticipation of sustained higher Federal Reserve interest rates to support the dollar in the long…
The dollar index strengthened in early Tuesday trading, nearing the recovery highs from the December 6 low of 105.37.
Despite Friday and Monday forming Doji candles signaling indecision, the pattern likely reflects a brief consolidation…
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Gold prices hold steady ahead of Fed rate decision; copper declines on weak China data
Gold prices remained subdued in Asian trade on Monday, consolidating recent losses as investors stayed focused on the U.S. dollar ahead of the Federal Reserve’s final meeting of the year.
Meanwhile, copper prices came under pressure due…
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