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- BTCUSD – sellers reassert control following a brief corrective bounce
- Silver extends gains following Friday’s strong rally, reaching a fresh record high
- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
The dollar maintains a strong stance as the year begins
The dollar index started the new year on a strong note, hitting a fresh two-year high on the first trading day as markets picked up momentum after a quiet holiday period.
In 2024, the dollar gained over 7% against a basket of major…
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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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