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Forex
EUR/USD declines to near 1.0770 as ECB officials hint at a potential rate cut in June
EUR/USD continues to lose ground on dovish remarks from ECB members.
German Retail Sales MoM and YoY declined by 1.9% and 2.7%, respectively, in February.…
Gold Price Forecast: XAU/USD reaches to all-time highs near $2,230, US PCE eyed
Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024.
Investors expect three rate cuts from the US Federal…
US core PCE inflation set to ease in February on month as Federal Reserve rate cut bets for June mount
The core Personal Consumption Expenditures Price Index is set to rise 0.3% MoM and 2.8% YoY in February.
Markets see a strong chance of the Federal Reserve…
Pound Sterling drifts lower to 1.2620
GBP/USD Price Analysis: The first downside target is seen at the 1.2600–1.2605 zone
The GBP/USD pair trades on a weaker note around 1.2620 during the early…
GBP/USD Price Analysis: The first downside target is seen at the 1.2600–1.2605 zone
GBP/USD drifts lower to 1.2620 in Friday’s early European trading hours.
The bearish outlook of the pair remains intact above the key EMA; RSI indicator…
USD/CAD could halt losing streak amid a stronger Greenback, clings to 1.3540
USD/CAD holds its position after recovering daily losses on Friday.
US Dollar strengthens on hawkish sentiment surrounding the Fed maintaining higher policy…
WTI advances to near $82.80 on likelihood of OPEC+ maintaining production cuts
WTI price gained ground as OPEC+ is expected to maintain their production cuts.
Ukrainian attacks on Russia's infrastructure are contributing to the…
Gold Price Forecast: XAU/USD flirts with record highs above $2,230, all eyes on US PCE data
Gold price hovers around $2,230, nearly record highs in Friday’s Asian session.
The prospect of interest rate cuts from the US Fed and the ongoing…
Australian Dollar depreciates on risk aversion amid a stronger US Dollar
Australian Dollar remains tepid as market bias leans towards RBA adopting a dovish stance.
Australia's central bank may consider cutting interest rates in…
USD/JPY holds positive ground around 151.50 following Japanese CPI data
USD/JPY trades on a stronger note around the mid-151.00s on Friday.
Japan’s Kishida said it was appropriate for the BoJ to maintain easy monetary policy.…