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- 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
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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EUR/USD – The post-French election rally has so far been capped by a thickening daily cloud.
EUR/USD opened with a gap higher and rose to a three-week high in early European trading on Monday, boosted by the results of the first round of the French parliamentary election.
The rally was capped by the base of a…
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GBP/JPY Reaches New Multi-Year High
GBP/JPY continues its unobstructed uptrend, hitting a new multi-year high (the highest since 2008) early Monday.
The pair has extended its steep ascent for the eleventh consecutive day, following its sixth straight monthly gain in June.…
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GBP/USD – Initial signs of a reversal are emerging above the thickening daily cloud on the daily…
GBP/USD edged higher in European trading on Friday ahead of the release of US inflation data, the key economic event of the day. The better-than-expected UK Q1 GDP numbers also contributed to the improving sentiment.
The…
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The British economy grew beyond expectations in Q1
Recent data indicates that the UK's GDP growth of 0.7% in Q1 2024 exceeded expectations and marked an exit from recession. Despite this positive economic performance, broader economic conditions remain fragile due to low long-term…
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The dollar index retreats from its recent multi-week high due to US data and warnings of potential…
The dollar index declined on Thursday following slightly better-than-expected US economic data and warnings from Japanese authorities about possible action against the yen's sharp decline.
The US economy grew by 1.4% in Q1, exceeding the…
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Silver prices may decline further if pivotal support levels are breached, but a period of…
In the near term, silver remains in a bearish trend, breaking the initial pivot at $28.65 (June 13 low) and putting pressure on other key supports at $28.49 and $28.25 (Fibo 38.2% retracement of $26.00/$32.51 and daily cloud base,…
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USD/JPY tests the 160 barrier once more, reaching new multi-decade highs.
On Wednesday, USD/JPY reached a new multi-decade high, climbing above 160, as bullish momentum regained control following a two-day consolidation.
The fresh move above the psychological 160 barrier indicates strong bids,…
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Gold retreats as Fed’s hawkish comments weigh; market awaits US GDP and inflation data
Gold prices fell to a one-week low on Wednesday, driven down by recent hawkish remarks from Fed policymakers.
The US central bank intends to tackle inflation by maintaining the policy rate unchanged for the…
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The Australian dollar jumps nearly 1% against the New Zealand dollar following the release of…
The Australian dollar surged 0.9% against the New Zealand dollar on Wednesday morning, driven by renewed hawkish signals suggesting the RBA may consider a rate hike next month. This followed Australia's…
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