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- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
- USD Index extends losses amid rising rate-cut expectations and firmer gold prices
- EURUSD makes another attempt to break through key Fibonacci resistance
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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Australian Dollar Surges on Strong Inflation Data
The Australian dollar climbed 0.6% early Wednesday, buoyed by higher-than-expected inflation figures. The inflation rate for May rose to 4.0%, compared to 3.6% in April and surpassing the forecast of 3.8%, marking the highest…
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Dollar Index – Maintains Bullish Bias Above Daily Cloud, US Inflation Data in Focus
The dollar index regained traction on Tuesday, edging higher after a 0.4% drop on Monday.
The pullback was contained by the top of the daily cloud, representing a mild correction within a larger uptrend that remains intact.…
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USDJPY – Bulls hesitate near the 160 barrier, potential intervention point in sight
USDJPY dips slightly after nearing the 160 barrier, widely seen as a potential intervention trigger, recalling Japan's intervention when the pair surpassed this level at the end of April.
Monday’s session closed in the red for…
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GBPUSD – recovery must break through the 1.27 resistance zone to signal continuation
GBPUSD remains bullish in early Tuesday trading, building on Monday's 0.43% rebound, which formed a bullish engulfing pattern on the daily chart.
However, fresh bullish momentum faces strong resistance around the 1.2700 level…
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Bitcoin Pressures $60K Support After 4% Drop on Monday
itcoin fell around 4% by early US trading on Monday, marking the largest one-day loss since April 30.
The fresh downward acceleration is putting pressure on the psychological 60K support level, which is also near the 76.4%…
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