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Forex
Natural Gas keeps stretching higher in fierce rally
Natural Gas prices are up over 2.5% on the day.
China’s biggest LNG buyers placed orders to further expand its LNG tanker fleet.
The US Dollar Index sinks…
China stocks are extending a recovery as anticipated
China stocks are nicely extending a recovery as expected and there can be space for more upside within that projected wave (C) on HSI - Hang Seng Index as…
Mexican Peso retreats after strong rally following US data miss
The Mexican Peso retreats on Thursday after rallying strongly against the US Dollar following key US data.
US CPI and Retail Sales missed analysts…
US Dollar recovers slightly after CPI-related fall as investors reprice chances of rate cuts
The US Dollar faced a hefty correction on Wednesday after the US CPI print.
Fed’s Kashkari pushed back against market anticipation of rate cuts, repeating…
NZD/USD Price Analysis: Could test the psychological support of 0.6100
NZD/USD pulls back from a two-month high of 0.6140 marked on Thursday.
Technical analysis suggests a confirmation of the bullish trend for the pair.
The…
CAC 40 (France) indices Elliott Wave technical analysis [Video]
CAC 40 (France) Elliott Wave Analysis Trading Lounge Day Chart,
CAC 40 (France) Elliott Wave technical analysis
Function: Trend.…
USD/INR rises to near 83.50 due to the upward correction in the US Dollar
USD/INR gains ground as US Treasury yields recover on Thursday.
The US Dollar may struggle due to the growing expectations of multiple rate cuts by the Fed…
USD/CAD rebounds above 1.3600, focus on US data
USD/CAD finds support at the 1.3600 psychological level and rebounds to 1.3615 in Thursday’s early European session.
The recent softer US inflation and…
AUD/JPY drops to near 103.00 after the mixed Aussie employment data
AUD/JPY loses ground as higher Aussie unemployment data bolsters the dovish sentiment surrounding RBA’s policy stance.
The Aussie Unemployment Rate rose to…
Gold price jumps as US CPI inflation fuels Fed rate cuts
Gold price trades in positive territory due to the weaker USD on Thursday.
The softer US CPI inflation data prompted the hope that the Fed may cut interest…