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- 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
Gold soars to a new all-time high, surpassing $2600
Gold surged past the psychological $2600 barrier, reaching a new all-time high on Friday morning. This marks a decisive breakout after an initial post-Fed spike tested but failed to sustain a move above this key resistance level.
The…
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The Bank of England holds interest rates steady in its September policy meeting
The Bank of England held interest rates steady at 5.0% in its September policy meeting, with an 8-1 vote in favor of maintaining the current rate. This follows the central bank's first rate cut since 2020 last month.
UK policymakers also…
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The dollar index remains directionless in post-Fed trading
Wide post-Fed market swings suggest the dollar is still searching for direction, with Wednesday’s long-tailed candle and today’s extended upper shadow indicating a continuation of its range-bound, indecisive movement.
An initial dip…
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The Fed’s decision to implement a 50 basis point rate cut indicates that inflation is no…
The U.S. Federal Reserve’s decision to lower interest rates by 50 basis points during its September meeting reflects growing confidence in the economic recovery and the continued moderation of inflation. Fed Chair Jerome Powell highlighted…
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Dollar Index – FOMC Rate Decision Set to Determine New Direction
The dollar index remains in a sideways trend for the third consecutive day, trading within a narrow range just above a new multi-month low.
Short-term price action has slowed ahead of a key event—the Fed's interest rate decision—which is…
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UK inflation held steady in August, but a rise in services inflation raises concerns
Inflation in Britain remained steady at 2.2% year-on-year in August, in line with expectations, while monthly inflation rose by 0.3%, matching forecasts after a 0.2% decline in July.
Core inflation, which excludes volatile components like…
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U.S. retail sales saw an unexpected increase last month
In August, U.S. retail sales showed resilience with a 0.1% increase, following an upwardly revised 1.1% surge in July. This unexpected rise indicates that the economy remained solid heading into the third quarter, defying expectations for a…
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German investor confidence plunges in September – ZEW
The recent decline in German investor sentiment, as reported by the ZEW economic research institute, highlights growing pessimism about the country’s economic outlook. The economic sentiment index fell sharply to 3.6 in September, down from…
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Gold pauses below its new record high as markets await the Fed rate decision
Gold prices edged lower during European trading on Tuesday as bulls took a breather after a strong three-day rally that pushed the metal to a new record high.
Overbought conditions on the daily charts contributed to some profit-taking,…
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Euro extends gains as the dollar weakens further
EUR/USD rises for the third consecutive day, driven by a weaker dollar amid speculation about the scale of the Fed's rate cut expected on Wednesday.
The recovery, originating from a higher base formed after a double rejection just above…
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