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Forex
Pound Sterling falls back as focus shifts towards BoE monetary policy decision
The Pound Sterling falls to 1.2540 as investors see the BoE easing interest rates before the Fed does so.
UK interest rates are expected to remain steady at…
USD/CAD rebounds above 1.3650 amid firmer US Dollar, lower crude oil prices
USD/CAD holds positive ground near 1.3685 on the rebound of USD on Tuesday.
Fed’s Barkin noted the current rate level should cool the economy enough to…
Gold price turns red amid the renewed US dollar demand
Gold price trades in negative territory on Tuesday amid the renewed USD demand.
A downbeat US jobs data for April prompted speculation of potential rate…
Rea Group Ltd Elliott Wave technical forecast [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with REA GROUP LTD – REA. We identified that wave 2-red may have just …
Australian Dollar remains firmer ahead of RBA interest rate decision
The Australian Dollar has risen due to the hawkish sentiment surrounding the RBA’s policy decision.
The Australian Central Bank is anticipated to keep the…
Elliott Wave expects new all time high in Nvidia (NVDA) [Video]
Short term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally.…
Japan’s Kanda declines to comment on Yellen FX intervention remarks
Japan's top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said on Tuesday that the Japanese government…
USD/JPY extends recovery above 154.00, focus on Fedspeak
USD/JPY gains ground near 154.10 in Tuesday’s early Asian session.
The Fed's Barkin said he has not yet seen evidence that inflation is on track.
The…
AUD/USD stalls ahead of Reserve Bank of Australia’s decision
AUD/USD steady at 0.6624; focus on upcoming RBA decision, quiet US data, and UK bank holiday.
Wall Street ends higher, driven by optimism over potential Fed…
RBA expected to leave key interest rate on hold as inflation lingers
Interest rate in Australia will likely stay unchanged at 4.35%.
Reserve Bank of Australia Governor Michele Bullock to keep her options open.
Australian…