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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
Gold remains in the red as markets await new clues from upcoming U.S. inflation data and comments…
Gold remains on the back foot, staying in the red for the second consecutive day, pressured by a stronger dollar and a reduction in U.S. political uncertainty, which had recently driven safe-haven demand. Additionally, expectations of…
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Bitcoin hits a series of new all-time highs on its way to the 90K target, driven by strong demand…
Bitcoin maintains a strong momentum, reaching a new record high above 82K early Monday, following a nearly 5% gain the previous day after breaking the psychological 80K level.
The rally was further fueled by euphoria surrounding Trump's…
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USDJPY – Bulls reclaim momentum following a pullback, but a break above recent highs is necessary to…
USDJPY regained momentum, bouncing from 152.14, which marked the low of a two-day pullback from multi-week highs. This recovery offsets the bearish signal from the recent bull-trap on the weekly chart, where prices failed to close above the…
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EUR/USD – Bears maintain control, but extended consolidation could set the stage for a renewed move…
EUR/USD weakened on Friday as recovery attempts from a fresh multi-month low of 1.0682, reached after Wednesday's 1.7% post-election drop (the biggest daily loss since March 19, 2020), failed to break through the daily Tenkan-sen at 1.0809.…
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The Bank of England cut interest rates as anticipated but may consider slowing the pace of further…
The Bank of England cut interest rates by 25 basis points, lowering them from 5% to 4.75% after an 8-1 vote by the Monetary Policy Committee. This marks the BoE's second rate cut since 2020, and the central bank is expected to proceed…
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The dollar retreats from a new multi-month high, likely reflecting positioning ahead of the…
The dollar index pulls back from a new four-month high of 105.33 reached on Wednesday’s sharp rally—the largest daily gain in two years—following news of Trump’s election victory.
Partial profit-taking has pushed the dollar lower, but…
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GBPUSD – Bears pause after the post-election decline, awaiting the Bank of England’s decision…
GBPUSD edges higher following Wednesday’s 1.1% drop after the US election, signaling an initial recovery as bears face repeated rejection of further downside.
The failure to break the Fibonacci support at 1.2846 (76.4% of 1.2664/1.3434)…
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The Fed is expected to lower interest rates by 25 basis points today, but Trump’s victory has…
The US Federal Reserve is expected to cut interest rates by 25 basis points to a range of 4.50%-4.75% at the conclusion of its two-day policy meeting today.
While markets still anticipate another rate cut in December, initial…
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Bitcoin jumps 9% to a new all-time high as Trump’s victory fuels strong bullish sentiment
Bitcoin led gains in post-election trading on Wednesday, surging 9% in direct response to Trump’s victory. The strong rally pushed prices to a new record high of 75,411 before some profit-taking pulled the price back to 72,700, the lower…
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US stock indices, the dollar, and bitcoin rise as Trump announces election victory
Republican Donald Trump declared victory in the 2024 presidential election, with projections indicating that Republicans will also regain control of the Senate.
Trump expressed his gratitude to the American people for the "extraordinary…
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