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Forex
NZD/USD holds positive ground above 0.6050, New Zealand CPI eases more than expected in Q2
NZD/USD trades on a positive note near 0.6065 in Wednesday’s early Asian session, up 0.23% on the day.
New Zealand CPI inflation eased more than expected…
New Zealand CPI inflation drops to 0.4% QoQ in Q2 vs. 0.6% expected
Inflation in New Zealand, as measured by the change in the Consumer Price Index (CPI), drops to 0.4% QoQ in the second quarter (Q2) of 2024 from 0.6% in the…
USD/JPY Price Analysis: Struggles to crack 158.50 as bearish signals mount
USD/JPY edges higher by 0.24%, trading just below 158.50 during North American session.
Technical signals turn neutral-bearish with price below Tenkan and…
Gold price soars to all-time high as traders await Fed’s September rate cut
Gold price hits an all-time high of $2,465 on growing expectations of a Fed rate cut in September.
Trump’s potential election win fuels market volatility,…
Mexican Peso climbs on prospect of wider interest rate differential
Mexican Peso strengthens by 0.35% as traders fully price in the Fed rate cut for September.
Banxico’s dovish comments and Fed Chair Powell’s balanced…
Forex Today: UK, EMU inflation come to the fore along with US data
Tuesday’s inconclusive price action in the FX universe came on the back of incessant speculation of a rate cut by the Fed in September, leaving the US Dollar…
Pound Sterling Price News and Forecast: GBP/USD struggles at 1.3000, dives beneath 1.2950
GBP/USD Price Analysis: Struggles at 1.3000, dives beneath 1.2950
The Pound Sterling begins the North American session on the backfoot and registers losses of…
Crude oil is on a brink of a turn – TDS
Crude oil markets could be about to break down. A downtape could now force trend-followers to liquidate a massive -40% of their max size, TDS senior commodity…
DXY: Upside is capped around 104.4-104.8 – DBS
The Dollar Index (DXY) initially rose 0.2% to 104.32 on the “Trump Trade”, but returned to last Friday’s 104.09. DXY needs to break below 104 to move towards…
Gold pulls back after US Retail Sales beats expectations
Gold corrects back after the release of stronger-than-expected US Retail Sales data for June.
The precious metal had been rallying after the Chairman of the…