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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
Gold reached a fresh all-time peak amid increasing optimism for a Federal Reserve interest rate…
Gold surged to a new all-time high of $2265 as trading resumed on Monday following the Easter break. The metal kicked off the month on a strong bullish note, fueled by anticipation of a Federal Reserve interest rate cut in June, with…
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US Inflation Sees Moderate Increase in February
In February, prices in the United States experienced a moderate rise, with the cost of services, excluding housing, showing a notable slowdown. This has kept market speculations alive regarding the possibility of…
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Cable Trading Sideways Ahead of Crucial US Data
The cable market remains stagnant within an extended sideways trend, experiencing a narrow range as trading thins out for the Good Friday holiday. Current activity shows a fluctuation between the 200-day moving average at 1.2588 and a slim…
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Oil rises more than $1 a barrel on tighter supply outlook
Oil prices surged by over $1 per barrel on Thursday, concluding the month on a higher note due to several factors influencing the supply outlook. The rally was fueled by expectations of OPEC+ maintaining production cuts, persistent attacks…
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EURUSD: Bears Test Crucial Support Zone
For the third consecutive day, the Euro has sustained losses, with a noticeable decline seen early on Thursday. It has breached significant support levels around the 1.0800/1.0790 area, which previously served as a higher base, coinciding…
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The UK economy slipped into recession last year, as evidenced by its GDP
Last year saw the UK economy slipping into a recession, as indicated by a contraction of 0.1% in GDP during the third quarter, followed by a further decline of 0.3% in the fourth quarter, according to official statistics.…
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The USDCHF climbs to its peak in nearly five months.
The USDCHF surged to its highest level in almost five months, extending its upward trajectory within a broader bullish channel and reaching a new multi-week peak on Wednesday, marking its highest point since November 2nd.
Bullish…
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Warning of Strong Intervention Issued as USDJPY Surges to New Multi-Decade High
During the Asian session on Wednesday, USDJPY climbed to a slightly higher multi-decade high of 151.97, indicating a persistent bullish trend as the US dollar gained momentum from favorable US data released on Tuesday.
The bullish…
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Gold is once again testing the $2200 mark as demand for safe-haven assets sees a resurgence.
The price of gold saw a significant rise on Tuesday, pushing towards the psychological barrier of $2200. This surge was fueled by a weakening dollar amidst growing optimism regarding potential rate cuts by the Federal Reserve, coupled with…
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GBPUSD is seeing bullish momentum gather pace following a double rejection at the 200-day moving…
The British Pound is showing resilience in early Tuesday trading, buoyed by upbeat UK data from Monday and diminishing expectations of a rate cut by the Bank of England in May.
The recent upswing has been supported by a double bounce off…
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