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- Gold extends gains above $3400, US inflation data in spotlight
- Dollar Index – recovery extends as bulls test critical resistances
- BTC/USD – bearish pressure persists while price remains under cloud base
- Gold rises amid heightened uncertainty following Trump’s firing of Fed Governor
- BTCUSD – bears back in control though key support remains resilient
- WTI extends rebound on supply concerns and fading optimism over peace talks
- US Dollar Index – temporary stabilization ahead of possible renewed downside pressure
- Dollar–yen recovers momentum following recent drop
- Economic activity in Germany weakens sharply in second quarter
- Dollar index holds steady ahead of Powell’s remarks
AUDUSD remains strong ahead of US inflation data
AUDUSD remains constructive, consolidating Tuesday’s 0.80% advance. Although the RBNZ’s 25 basis point rate cut this morning negatively impacted the Aussie dollar, the dips were limited by strong near-term bullish sentiment driven…
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Cable retreats on weaker-than-expected UK data; attention turns to US inflation
Cable dropped 0.35% following weaker-than-expected UK inflation data for July.
Despite the BoE's anticipation of rising inflation after CPI held at the 2% target for two months, the disappointing July figure has heightened expectations…
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UK inflation rises less than expected in July
Inflation in Great Britain rose to 2.2% in July, up from the BoE’s 2% target for the previous two months, but came in below economists' expectations. Services inflation, which is closely monitored by the Bank of England, decreased to 5.2%…
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German investor sentiment drops significantly in August – ZEW
A report from the German ZEW economic research institute, released on Tuesday, revealed a sharp decline in investor sentiment in August. The ZEW economic sentiment index dropped to 19.2 points, down from 41.8 in July, significantly missing…
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EURUSD trades quietly, awaiting economic data for fresh direction
EURUSD remains within a narrow range, capped by Fibo resistance at 1.0933 (61.8% retracement of 1.1139/1.0601), as markets await this week’s key event—the US inflation report.
The upcoming release of German ZEW economic sentiment for…
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BTCUSD – mixed signals, downside remains exposed below the 60K threshold
BTCUSD firmed up on Monday, recovering part of Friday’s losses, but upside attempts remain capped by the key psychological 60K barrier, suggesting gains might be short-lived.
The near-term outlook maintains a slight bullish bias while…
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AUDUSD Boosted by Renewed Risk Appetite, Retests Key Resistance Zone
AUDUSD climbed 0.5% in Asian and European trading on Monday, fully reversing Friday's decline and signaling a potential bullish continuation.
The fresh surge tested critical resistance in the 0.6600 zone, where the 200/100DMA convergence…
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Gold – Bulls Maintain Control Ahead of Key US Inflation Data
Gold remains on a strong footing, edging higher in early Monday trading and extending its recovery for the third consecutive day.
The yellow metal has regained ground after last week's sharp decline, bolstered by increasing signs that…
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Oil prices climb for the third consecutive day amid improving sentiment
WTI oil prices climbed for the third consecutive day, driven by improved sentiment as recession fears and demand concerns eased, coupled with a larger-than-expected draw in US crude inventories. Better-than-expected US jobless claims…
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GBPUSD – Bullish Momentum Sustained Above Rising Daily Cloud
GBPUSD stays on the front foot, extending its recovery on Friday morning after breaking and closing above the top of the rising daily cloud.
Diminishing fears of a US recession and strong Chinese economic data have revived risk…
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