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Forex
Canadian Dollar’s recovery stalls, weighed by comments by BoC officials and softer Crude prices
Canadian Dollar is practically flat on the daily chart with the USD ready near recent highs..
BoC Rogers’ warnings about the country’s low productivity…
NZD/JPY Price Analysis: Bearish forces at play, bulls continue strugguling
The NZD/JPY trades neutral after getting rejected by the 20-day SMA.
The daily chart shows that the RSI reveals weak buying traction.
The hourly chart also…
Gold on the verge of $2,200 fueled by anticipation of Fed rate cut
Gold prices ascend, aiming for the $2,200 mark, buoyed by expectations of a Fed rate cut.
A dip in US Treasury yields to 4.19%, slight decrease in real…
Forex Today: Market sentiment remains biased towards the Dollar
The Greenback maintained its constructive stance and extended the consolidative mood around the upper end of the recent range, all against the backdrop of…
Mexican Peso hits highest mark in eight years against US Dollar
Mexican Peso skyrockets sharply toward 16.53 against the US Dollar as USD/MXN contracts 0.65%.
Mexico’s narrowed trade deficit and the tighter labor market…
Dow Jones Industrial Average posts moderate advance on thin trading
Dow Jones is leading gains in pre-holiday session on Wednesday.
Wall Street Indexes are mixed after a positive opening amid frail market sentiment.…
Gold Price Forecast: Push back in rate cut expectations from March to June may cap XAU/USD rally – ANZ
The timing and pace of the Fed’s rate cuts are long-term drivers for Gold, strategists at ANZ Bank say.
The FOMC needs more confidence that inflation is…
Swiss Franc pares early gains as sentiment shifts
The Swiss Franc pares early gains after a switch in market sentiment.
The Franc had risen after the ZEW survey showed Swiss investors were optimistic about…
Pound Sterling remains on backfoot on firm BoE rate cut hopes
The Pound Sterling drops as investors expect the BoE to cut rates sooner than expected.
BoE Bailey said market expectations for two or three rate cuts…
Oil on the backfoot after US reserves face substantial build up
WTI Oil retreats below $82 on chunky increase in US crude stockpiles.
Oil traders remain bullish, but the US stockpile build-up is triggering a…