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
Expectations for the US Non-Farm Payrolls – Today’s Key Economic Event
The upcoming release of June labor market data by the US Bureau of Labor Statistics will be closely scrutinized for indications of the Federal Reserve’s future policy moves, particularly regarding the timing of…
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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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