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- EUR/GBP – Temporary Recovery Likely Before Bears Resume Control
- NZD Surges on Hawkish RBNZ Rate Hike but Struggles to Sustain Gains
- Brent Crude Surges More Than 4% Amid Escalating US-Iran Tensions
- AUD/USD – Recovery Faces Strong Headwinds at Initial Fibonacci Resistance
- GBP/USD – Recovery Meets Strong Resistance Near the Key 1.3400 Barrier
- USD/JPY – Uptrend Resumes After Limited Correction, Focus Returns to Long-Term Peak
- EUR/GBP – Broader Bearish Trend Poised for a Pause
- Eurozone Inflation Slows More Than Expected in June, Reducing Pressure on ECB to Tighten Policy Further
- EUR/USD Recovery Stalls Below 10-DMA as ECB Rate-Hike Expectations Fade
- Japan’s Yen Slides to a Four-Decade Low as Authorities Refrain from Intervention Despite Firm Warnings
AUD/USD dipped following a less hawkish stance from the RBA, but the broader bullish trend remains…
AUD/USD pulled back from a new multi-month high on Tuesday after the Reserve Bank of Australia (RBA) held rates steady at its policy meeting. Governor Bullock's less hawkish comments dampened expectations for potential policy tightening.…
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Weak economic data weigh on the Euro, but the broader bullish trend remains intact
EUR/USD fell sharply on Monday morning following weaker-than-expected German and French PMI data, with Germany's manufacturing PMI dropping to 40.3, signaling recession risks and dampening sentiment.
The fresh decline adds to the…
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BTC/USD – Bulls may pause after repeated failures to break through the 200-day moving average…
BTC/USD edged higher on Friday, reaching a new three-week high as it attempted to build on Thursday's 4.6% rally. Bitcoin was bolstered by the Fed's rate cut and a dovish shift in global interest rate expectations.
The technical outlook…
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The Japanese yen weakens as the BoJ keeps interest rates unchanged and signals no urgency for…
USD/JPY surged by more than two figures on Friday after the Bank of Japan left interest rates unchanged and indicated no rush for future hikes, despite borrowing costs remaining very low.
This renewed push higher follows Thursday’s…
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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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