Trending
- 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
Dollar Index remains subdued ahead of U.S. NFP report release
The dollar index traded within a tight range on Friday morning in anticipation of the U.S. non-farm payrolls (NFP) report but remained under pressure after dropping 0.5% in the previous session. This decline signaled initial bearish…
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Bitcoin Breaks the 100K Barrier, Reaching a New Record High at 104K
Bitcoin surged past the monumental 100K mark on Thursday, setting a new all-time high in the 104K zone.
A sharp rally of over 6% during the Asian trading session propelled Bitcoin beyond the upper boundary of its recent consolidation…
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AUDUSD Drops to Four-Month Low Amid Weak GDP Data and RBA Rate Cut Bets
The Australian dollar fell 1% to hit a four-month low on Wednesday following weaker-than-expected Q3 GDP figures, which dampened the Reserve Bank of Australia’s (RBA) hawkish tone.
Economic growth in the third quarter came in…
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Bitcoin Slides 2.6% Amid Dollar Strength but Holds Key Support Levels
Bitcoin dropped 2.6% during Asian and European trading on Monday, pressured by a stronger dollar following recent comments from Donald Trump.
Despite the dip—the largest in a week—Bitcoin remains above the critical $95,000 support level,…
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Dollar Index Rises Amid Shift in Trump Rhetoric, Eyes Key Resistance Levels
The dollar index edged higher on Monday, opening with a gap up as markets reacted to a significant shift in President-elect Donald Trump’s rhetoric. Trump moved from advocating for a weaker dollar to combat trade wars to issuing threats…
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USDJPY Breaks Key 150 Support Level Amid Rising BOJ Rate Hike Expectations
The USDJPY slid to a six-week low on Friday, accelerating its decline following a stronger-than-expected rise in Tokyo’s November inflation, which heightened market anticipation of a Bank of Japan rate hike in next month’s policy meeting.…
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EUR/USD Dips Slightly After Wednesday’s Rally, Eyes Key Resistance
EUR/USD eased in early Thursday trading, slipping modestly after Wednesday’s robust 0.8% gain, but the dip remained supported by the broken 10-day moving average (1.0524), which has now turned into a support level.
Near-Term Outlook and…
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Bitcoin Rebounds 3.1% as Correction Shows Signs of Easing
Bitcoin advanced 3.1% in early American trading on Wednesday, recovering from a correction low of 90,732 following a four-day pullback from its record high of 99,807.
The rebound gained traction as the decline found solid support above…
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USD/JPY Extends Bearish Momentum, Drops 1.1% in Early Trading
USD/JPY continued its downward acceleration for a second consecutive session, falling 1.1% during Asian and European trading hours on Wednesday.
The primary drivers of the decline were increased demand for the yen as the month-end and…
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Kiwi Dollar Rises 1% After RBNZ’s Smaller-Than-Expected Rate Cut
The New Zealand dollar jumped roughly 1% against the U.S. dollar on Wednesday after the Reserve Bank of New Zealand (RBNZ) announced a 50-basis-point rate cut, falling short of market expectations for a more aggressive 75-basis-point…
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