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Forex
Fed’s Barkin: Have not yet seen signs that inflation is actually on track
Richmond Federal Reserve (Fed) President Thomas Barkin hit newswires for a second time on Monday as the Federal Open Market Committee (FOMC) voting member gave…
USD/JPY Price Analysis: Climbs toward 154.00 after bouncing off the 50-DMA
USD/JPY climbs over 0.60% from two-week low, as positive sentiment reduces yen's safe-haven appeal.
Hammer candlestick at 152.97 on Friday signals potential…
Gold rallies as rate cut speculation grows as traders eye Fed’s next move
Gold rebounds strongly, rising nearly 1% in response to increasing optimism that Fed might reduce interest rates sooner.
Friday’s US Nonfarm Payrolls…
Mexican Peso climbs as markets digest Fed comments, awaiting Banxico’s policy meeting
Mexican Peso appreciates, trading at 16.90 against US Dollar, a 0.26% decline for USD/MXN amid a busy economic week.
Mexico’s key economic events include…
US Dollar declines on quiet Monday
Market interpretation of Powell's words indicates caution due to unpredictability of inflation trajectory.
Friday’s Nonfarm Payrolls report showed a…
Pound Sterling rises in thin-trading week, BoE policy in focus
The Pound Sterling trades close to 1.2570 against the US Dollar as investors shift focus to the BoE policy decision.
The BoE could provide meaningful cues…
EUR/USD advances as US Dollar slips amid firm Fed rate cut bets for September
EUR/USD rises to 1.0790 as the US Dollar edges down due to weak US data.
ECB Stournaras sees the central bank reducing interest rates three times this year.…
US Dollar back to flat with tensions brewing in the Middle East
The US Dollar heads back to flat after taking a step back earlier.
The Greenback gave up its earlier gains against the Chinese Yuan and the Japanese Yen…
USD/CAD edges down to 1.3650 as US Dollar drops, Oil price rebounds
USD/CAD drops to 1.3650 on multiple headwinds.
Firm speculation for Fed rate cuts in September has uplifted the market mood.
A sharp recovery in the Oil…
EUR/JPY rallies on upwards revision to Eurozone Services PMI and Yellen comments
EUR/JPY recovers after over two percent sell-off last week following suspected intervention.
Euro grinds higher on Monday following upbeat Services PMI…