Trending
- AUDUSD consolidates as bulls prepare for potential retest of 2026 highs
- GBPUSD pauses for consolidation following extended 7-day rally
- WTI Oil Jumps Above $100 as Geopolitical Risks Intensify
- US inflation posts its strongest increase since mid-2022 in March
- EURUSD – bullish momentum meets resistance near the base of a descending and thickening daily cloud, limiting further upside progress
- Gold – decisive break above $4759 signals continuation of bullish momentum
- WTI plunges on immediate market reaction to Middle East ceasefire announcement
- WTI Oil – Bulls Take a Breather Below One-Month Peak as Markets Await Further Clarity on Potential Peace Talks
- US nonfarm payrolls jump in March as unemployment declines
- Gold extends recovery as improving geopolitical outlook weighs on the dollar
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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EURUSD Bounce Must Break 1.0760 Barrier to Indicate Stronger Correction
The EURUSD pair saw a rebound on Monday as traders took profits from the decline observed on Thursday and Friday. Despite weaker-than-expected German Ifo data, the euro regained traction due to improving sentiment driven by…
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EURJPY Extends Rally, Reaches New Record High
EURJPY continues its upward trend, extending its steep rise for the sixth consecutive day and surpassing the 171 mark in early Monday trading. Despite overbought conditions and signals from Japanese authorities about possible…
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EUR/USD Declines Further Amid Weak PMI Data
EUR/USD fell to a one-week low on Friday, extending the sharp decline from Thursday, as the pair faced renewed pressure from downbeat PMI data.
Reports released on Friday indicated a slowdown in the services industry in the Eurozone and…
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The Bank of England maintains interest rates at their current levels as anticipated.
The Bank of England (BoE) has opted to maintain its main interest rate at 5.25%, holding steady at a 16-year high just before the July 4 election. This decision, endorsed by a 7-2 vote from the Monetary Policy…
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USDJPY once again tests the critical Fibonacci barrier, fueled by diverging monetary policies.
USDJPY maintains its upward trajectory, breaching the significant Fibonacci barrier at 158.22 (76.4% of 160.19/151.85) that had previously thwarted multiple attempts.
A sustained breakthrough here would signal fresh bullish momentum,…
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USDCHF – Swiss Franc Weakens Following SNB’s 0.25% Rate Cut
USDCHF surged by approximately 0.7% on Thursday following the SNB's 25 basis points rate cut, reducing the interest rate from 1.5% to 1.25%.
The central bank justified its decision by citing the ongoing decline in inflation and the…
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Gold Prices Rise as Investors Reevaluate Economic Outlook
Gold prices saw a notable rise today as investors reassessed the global economic outlook and the monetary policies of major central banks. This increase comes amid declining consumer sentiment in the United States and growing concerns over…
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Oil Prices Rise on Summer Demand Hopes Despite Weak Chinese Data
Oil prices edged higher on Monday as hopes for increased demand from the summer driving season in the northern hemisphere offset disappointing Chinese economic data, highlighting a bumpy recovery for the world's largest crude…
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EURUSD extends its steep decline as political uncertainty dampens sentiment.
EURUSD extends its sharp decline into a second consecutive day, trading near a 1.5-month low on Friday. Fresh risk aversion stemming from growing political uncertainty in France, which is affecting the entire eurozone, has put significant…
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