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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
USD/JPY Nears 155 Mark, Triggering Concerns of Possible Japanese Intervention Zone
On Tuesday, USD/JPY edged closer to the 155.00 barrier, marking its fifth consecutive day of bullish momentum.
The dollar continues to capitalize on upbeat signals regarding the robustness of the US economy, potentially delaying any…
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German Investor Confidence Reaches Two-Year Peak
April brought a pleasant surprise for German investors as morale soared beyond expectations, marking its highest point in more than two years, according to the latest report from the ZEW economic research institute.
The ZEW economic…
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EURUSD: Limited Consolidation Expected Before Further Downward Movement
EURUSD rose slightly from its recent 5 ½ month low of 1.0602 on Tuesday, driven by profit-taking as daily indicators signaled oversold conditions.
Short-term sentiment has turned overwhelmingly bearish, influenced by a significant weekly…
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Dollar Index Surges to Five-Month Peak Amidst Robust US Data, Sparking Rate Cut Speculation
The dollar's upward momentum persisted for the fifth consecutive day, reaching a new five-month high early on Tuesday against major currencies.
The latest US economic data revealed a stronger-than-expected increase in retail sales,…
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March Sees Surprising Surge in US Retail Sales, Brightening Q1 Outlook
In March, US retail sales exceeded projections, adding to the indication of a robust performance for the economy in the initial quarter of 2024.
Marking a notable increase, retail sales escalated by 0.7% month-on-month in March,…
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Bitcoin: Robust Rebound Recovers More Than 50% of Last Week’s 12% Decline
Bitcoin has bounced back strongly from its recent multi-week low of $60,227, reclaiming over 50% of the almost 12% drop seen last Friday and Saturday. This bounce has temporarily mitigated downside threats.
The latest rally has pushed…
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USDJPY rally picks up again following a short break.
USDJPY resumes its uptrend on Monday, hitting a new multi-decade high just shy of the 154.00 mark after a brief pause last Thursday and Friday.
Conditions, with last week's close above key barriers at the 152.00 zone signaling further…
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A significant retreat in gold prices from its recent record peak signals a potential weakening in…
Despite a significant retreat from its recent peak of $2431 in late Friday trading, gold maintains its strength early on Monday.
The ongoing geopolitical tensions and concerns about escalating conflicts in the Middle East are sustaining…
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Gold reaches unprecedented peak
On Friday, gold soared to a fresh all-time peak, surpassing the psychological milestone of $2400. Its ascent remained swift, requiring only a few days to traverse from one significant round figure to another.
Rising geopolitical tensions…
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EURUSD Continues Sharp Decline as Bears Seize Command Following US Inflation Figures and ECB Policy…
The Euro's downward trajectory persisted on Friday, hitting fresh lows for 2024, marking the third consecutive day of significant declines. This downturn positions the currency pair for its most substantial weekly loss since the second week…
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