Trending
- Gold Trades Cautiously Ahead of Key U.S. Jobs Report
- U.S. Private Payroll Growth Slows Sharply in May – ADP
- GOLD – Bullish Bias Persists Above Broken Triangle’s Upper Boundary
- Eurozone Inflation Slows More Than Expected in May
- Oil Prices Climb Nearly 4%, Key Resistance Levels Come Under Pressure
- Gold Prices Surge Amid Renewed Tariff Concerns and Geopolitical Tensions
- GBP/USD – Initial Support Levels Temporarily Halt the Pullback
- USD/JPY – Breakthrough of 4-Hour and Daily Ichimoku Cloud Bases Signals Potential for Deeper Short Squeeze
- Gold slips as dollar firms, though broader bullish trend likely to hold
- Kiwi dollar tests 0.60 pivot once more and reaches new 2025 high
US retail sales remained flat in June, surpassing the negative forecast
The unchanged retail sales in June, despite expectations of a decline, indicate a stronger underlying trend in consumer spending, which could positively influence economic growth estimates for the second quarter. This stable performance…
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USDJPY could decline further if US retail sales miss expectations in June
USDJPY remains in an extended consolidation phase following last week’s sharp fall, triggered by US inflation data and intervention by Japanese authorities.
The near-term action is holding above the 55-day moving average (157.55), which…
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Gold advances further on Powell’s dovish comments
Gold prices rose further in early Tuesday trading following dovish comments from Fed Chair Powell in his Monday speech. This has heightened expectations that the Fed may soon decide to start cutting interest rates.
Powell…
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The Dollar Index remains in the red as markets await Powell’s speech
The dollar index turned red on Monday after initially opening higher due to market reactions to the assassination attempt on former President Donald Trump. However, dollar-negative sentiment prevailed during the European and early…
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The cable is holding near the 1.30 barrier ahead of Powell’s speech
The cable maintained its strong stance on Monday, hitting a new yearly high and trading just below the psychological barrier of 1.30.
Over the past two weeks, the pair has made significant gains, although bulls may face…
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China’s economic growth slowed in Q2, highlighting the need for additional stimulus measures
China’s economy grew by 4.7% in the second quarter, marking the slowest pace of growth since Q1 2023. This is a decline from the 5.3% expansion in the first three months of 2024 and falls short of the expected 5.1% growth.
The…
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Bitcoin surges to a two-week high on Monday
BTCUSD surged nearly 5% in early Monday trading, breaking above the $63K barrier for the first time in two weeks. The fresh rally extends into its third consecutive day, accelerating higher after the weekend's assassination…
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EURUSD – bulls maintain momentum for further gains
EURUSD continues to trend higher, showing minimal negative impact from hotter-than-expected US PPI data (June 0.2% m/m vs 0.1% forecast and 0.0% in May).
The latest bullish leg extends into its third consecutive day, pressuring…
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The dollar index is consolidating above its one-month low, with prospects for further losses
On Friday, the dollar index remained defensive, consolidating below a new one-month low of 103.74 set after Thursday’s 0.8% decline.
The weaker-than-expected US CPI data for June deflated the greenback, increasing expectations…
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Gold may continue to rally following US CPI data, which has increased expectations for a Fed rate…
Gold prices eased from a new seven-week high on Friday morning as traders took profits following Thursday’s 1.9% rally, sparked by US CPI data.
The yellow metal received a fresh boost from cooler-than-expected US inflation,…
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