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Forex
Silver Price Analysis: XAG/USD dips amid strong US Dollar, warmer inflation
Silver falls pulling back from a daily high of $27.73.
Technical analysis indicates the uptrend is intact with key support at the $27.05 level, marked by…
S&P 500: More uncertainty following earnings, weak GDP number
Wednesday’s trading session wasn’t a game changer as stock prices fluctuated following their Monday’s-Tuesday’s rebound. The S&P 500 index gained 0.02%…
GBP/JPY breaches 197.00 for the first time since 2008
GBP/JPY continues to grind into multi-year highs.
Japanese Yen continues to erode across the board.
BoJ reaffirms monetary policy stance, markets pummel…
EUR/JPY Price Analysis: Bullish run faces overbought risks, hovers around 169.00
EUR/JPY climbs nearing the pivotal 169.00 mark, propelled by strong risk appetite and market gains.
Technical analysis shows a robust uptrend, though an RSI…
Dow Jones Industrial Average ends Friday on the high end as investors shrug off still-high PCE inflation
Dow Jones determined to wrap up Friday in the green despite stubborn inflation.
US PCE inflation remained higher than expected.
Hopes for rate cuts now…
Canadian Dollar loses some ground against Greenback on US PCE topside miss
Canadian Dollar gets pushed around as investors focus elsewhere.
Canada absent from economic calendar until next week.
US PCE inflation remains higher than…
Mexican Peso profits from US data turmoil
Mexican Peso strengthens against US Dollar, buoyed by positive market mood, mixed economic reports.
US inflation remains hot as core PCE Price Index…
WTI edges lower to near $83.50 amid a weaker demand outlook following US GDP
The WTI price depreciates on a weaker demand outlook following US GDP data released on Thursday.
US Treasury Secretary Janet Yellen said that US GDP growth…
Australian Dollar holds position near a major level, US PCE awaited
The Australian Dollar remains firmer due to the hawkish sentiment surrounding RBA’s rate trajectory.
The Australian Dollar gains in response to the Aussie…
GBP/JPY extends winning spell to 196.00 after BoJ keeps interest rates unchanged
GBP/JPY advances to 196.00 amid uncertainty over BoJ’s interest rate outlook.
The BoJ sees inflation rising in the coming years but has projected weak…