Trending
- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
Gold prices stay strong ahead of the US NFP report
Gold prices rose further on Friday morning, pressing important technical barriers ahead of the key US NFP report.
The metal has gained around 1.7% so far this week, benefiting from a weaker dollar driven by soft US…
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EUR/USD remains constructive, but the formation of a bull trap raises caution
EUR/USD remains on the front foot in early Thursday trading, holding just below the new three-week high (Wednesday's spike at 1.0816).
Bulls are probing through the cracked daily Kijun-sen (1.0791) and eyeing a retest of the…
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Dollar extends weakness following downbeat ADP data; US services PMI and NFP reports eyed for…
The dollar index fell to a one-week low on Thursday, extending its weakness for the second consecutive day. This decline was driven by dovish comments from Fed Chair Powell and a weaker-than-expected ADP private sector payrolls…
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GBP/USD rises further on better-than-expected UK PMI data
GBP/USD advances for the second consecutive day, bolstered by better-than-expected UK services PMI (the dominant sector of the economy) released earlier today.
Fresh bulls have cracked the psychological 1.2700 barrier and the…
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EUR/USD – Bulls regain control and aim for a retest of key resistance levels
EUR/USD regained traction on Wednesday after experiencing wide swings without clear direction over the past two days.
The fresh strength aims for a retest of pivotal barriers at 1.0768/71 (55 DMA / daily cloud base), which capped…
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Gold price rises ahead of key economic data but remains within a broader range
Gold prices rose during early trading on Wednesday after being stuck in a narrow range for the past three days.
The fresh strength pushed gold to its highest level in almost two weeks, though it has been moving within a broader…
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Fed needs more evidence of falling inflation before cutting rates, says Powell
The US central bank needs more data before cutting interest rates to ensure that recent weaker inflation readings accurately reflect underlying price pressures, Federal Reserve Chair Jerome Powell said on Tuesday.
Data for May…
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WTI oil price climbs above $84 for the first time in over two months
WTI oil price rose to a nine-week high on Tuesday, extending Monday’s strong rally (up almost 2.5% for the day).
Increased demand from the summer driving season and persistent supply fears due to a heated geopolitical situation…
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Eurozone inflation slightly moderates in June
Eurozone inflation eased slightly to 2.5% in June from the previous month’s 2.6%, in line with expectations. However, core inflation held steady at 2.9%, slightly above the consensus forecast of 2.8%.
Persistent core inflation, driven…
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USD/JPY Hits New Multi-Decade High Despite Persistent Intervention Threats and Overbought Conditions
USD/JPY rose further on Monday, signaling a continuation after bulls paused for consolidation on Thursday and Friday.
Despite traders remaining cautious due to looming intervention threats from Japanese authorities, who…
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