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Forex
AUD/JPY Price Analysis: Bulls Make Stride, consolidation still prevailing
In Tuesday's session, the pair approached the 20-day SMA, and got rejected.
The pair is still in consolidation mode and may not have enough momentum to…
Gold prices steady ahead of crucial US inflation, Fed’s decision
Gold trades up 0.07% as markets brace for significant US economic releases.
US NFIB Small Business Optimism Index exceeds expectations, signaling robust…
US Dollar gains more ground ahead of Wednesday key session
USD sees continuous rise with keen eye toward FOMC meeting, prolonging its third consecutive day of gains.
US economic outlook remains strong and investors…
Mexican Peso plummets as Sheinbaum and AMLO reaffirm judiciary reform plans
Mexican Peso continues to depreciate more than 1.20% on Tuesday as investors fear judiciary reform and dissolution of autonomous bodies.
Sheinbaum’s…
US Dollar tries to break above 105.50 with Europe’s future turning dark
The US Dollar adds to Monday's gains and sprints higher on negative European news.
The Greenback jumps after rumors President Macron was considering to…
Copper price faces pressure amid lower Chinese demand – TDS
Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted.
Copper faces a moderate sell-off
“Reports that…
Fed expected to keep rates unchanged – TDS
The Federal Reserve's (Fed) Federal Open Market Committee (FOMC) is widely expected to keep rates unchanged on Wednesday, with Chairman Jerome Powell likely…
Pound Sterling rebounds as steady UK wage growth diminishes BoE rate-cut bets
The Pound Sterling rebounds to 1.2740 as steady UK wage growth undermines BoE rate-cut bets for the August meeting.
UK Average Earnings Excluding bonuses…
Gold continues bearish tone on outlook for US interest rates
Gold rolls over after retesting key resistance as the outlook for US interest rates remains elevated.
This keeps the opportunity cost of holding…
EUR/USD slides further amid increasing uncertainty after EU election results
EUR/USD stays on the back foot near 1.0730 as the European Union’s political uncertainty weakens the Euro’s appeal.
The ECB refuses to commit to a specific…