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S&P/ASX 200 Elliott Wave technical analysis [Video]
S&P/ASX 200 Elliott Wave Analysis Trading Lounge Day Chart,
S&P/ASX 200 Elliott Wave technical analysis
Function: Trend…
Pound Sterling holds strength near 1.2700 although US Dollar stabilizes
The Pound Sterling consolidates slightly below 1.2700 as the focus shifts to UK inflation data.
Investors expect that the BoE could start reducing interest…
Mexican Peso consolidates after rally
The Mexican Peso is trading sideways after its strong rally on Wednesday.
This is probably a consolidation within an uptrend and more strength is likely…
Forex Today: More Fedspeak on the agenda heading into the weekend
Here is what you need to know on Friday, May 17:
Following the sharp decline seen after April inflation data on Wednesday, the US Dollar Index managed to…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Friday, according to data compiled by FXStreet.
The price for 24-carat Gold stood at 21,323.45 Pakistani Rupees (PKR) per…
Australian Dollar edges lower after mixed Chinese data, US Dollar remains stronger
The Australian Dollar extends its losses after mixed economic data from China on Friday.
The Australian Dollar struggles as Australia’s 10-year bond yield…
Gold price loses momentum, with Fed speakers in focus
Gold price retraces on the rebound of the USD on Friday.
The Fed's cautious approach weighs on the yellow metal.
Gold traders will focus on the Fed’s…
China’s Retail Sales rises 2.3% YoY in April, Industrial Production up 6.7%
China’s Retail Sales rose 2.3% YoY in April from 3.1% in March, worse than the 3.8% expected. The nation’s Industrial Production improved 6.7% YoY in the same…
NZD/USD depreciates to near 0.6100 due to the improved US Dollar
NZD/USD extends losses due to the upward correction in the US Dollar.
Fed remains cautious about inflation and potential rate cuts in 2024.
The New Zealand…
WTI extends the rally near $78.90, US inflation data boosts Fed rate cut expectations
WTI prices gains traction near $78.90 on Friday.
The softer US April inflation data, Fed rate cut expectations, and a drop in US crude inventories boost the…