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Forex
Gold price rallies on weak US inflation despite hawkish Fed tilt
Gold soars above $2,330 as investors bet on Fed rate cuts later this year.
Risk aversion due to European political turmoil boosts demand for safe-haven…
Gold rushes up on weak US CPI and less hawkish Fed – TDS
Gold (XAU/USD) prices are nearly back to the post-CPI highs seen on Wednesday, analysts at TDS note.
Gold is on the rise, Silver faces a leg down…
Copper loses positions amid increasing inventory levels – TDS
The industrial metals continue to slide into the end of the week, analysts at TD Securities say.
Market unwinds its long positions on industrial metals
"With…
Silver Price Forecast: XAG/USD holds key support of $29 as cooler US CPI boosts Fed rate-cut bets
Silver price gains ground above $29.00 as soft US price pressures weigh on bond yields.
Traders price in two rate cuts this year against one signaled by the…
Bank of England set to lay groundwork for an August cut – Danske Bank
The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn't expected until August, says Kirstine…
EUR/USD: Potential bullish hammer to give spot a lift – Scotiabank
Election-related concerns are extending pressure on French assets, and markets are likely to play defensively. This will keep the Euro (EUR) on the back foot,…
GBP/USD: Softer as it falls through key support – Scotiabank
The Pound Sterling (GBP) falls through the key support at 1.2765 amid further moderation in Bank of England (BoE) and Ipsos inflation expectations, says Shaun…
USD/CAD: Trades sideways in the mid-1.3700 area – Scotiabank
The Canadian Dollar (CAD) is a relative outperformer in Friday's session, says Shaun Osborne, Chief FX Strategist at Scotiabank
USD/CAD short-term trend…
EUR/JPY tracks lower on French election fears and BoJ ending QE
EUR/JPY falls as investors fear the outcome of snap French legislative elections.
The risk looms large of the far-right winning after their success in the…
GBP/USD Price Analysis: Bearish harami confirmed as Pound slumps below 1.2700
GBP/USD drops to 1.2683, marking a new four-week low of 1.2656 amidst risk aversion.
Technical outlook: Bearish momentum as RSI falls below 50; potential…