Trending
- WTI Oil – Sharp Pullback Followed by Swift Rebound Signals Healthy Correction Before Renewed Upside Move
- German Consumer Sentiment Seen Deteriorating Further in March – GfK
- AUDUSD Supported by Stronger-Than-Expected Inflation, Though Dovish RBA Governor Caps Upside Momentum
- Japanese Yen Slides Nearly 1% Amid Renewed Monetary Policy Uncertainty
- WTI Oil – Bulls Maintain Control Amid Escalating Supply Disruption Fears
- BTCUSD drops to a three-week low amid uncertainty surrounding U.S. tariff developments.
- Gold breaks above the upper boundary of its recent trading range, triggering a renewed bullish signal.
- U.S. economic growth decelerated sharply in the fourth quarter, falling significantly short of forecasts, while inflationary pressures continued to run high
- UK unemployment rises to highest level in years while pay growth slows, boosting rate-cut bets.
- USDJPY – downside momentum stalls after almost 3% loss this week
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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Oil prices dip amid weak Chinese spending data
Oil futures retreated from multi-week highs on Monday, weighed down by disappointing consumer spending data from China, the world’s largest oil importer.
Brent crude futures declined by 32 cents, or 0.4%, to $74.17 per barrel by 1300…
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GBP/USD extends decline following weak UK economic data; potential consolidation may precede another…
GBP/USD extended its decline on Friday, remaining in the red for the third consecutive session as a stronger dollar and unexpectedly weak UK October GDP figures weighed on the pair.
The fresh weakness tested support at 1.2618 (last…
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EUR/USD – ECB rate cut and dovish stance deepen bearish fundamentals
EUR/USD – Post-ECB trading remains choppy, with the pair confined to a 50-pip range, offering little clarity on near-term direction.
The European Central Bank’s 25-basis-point rate cut and dovish tone, signaling openness to further…
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