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Forex
Natural Gas sinks over 1% with gas sellers hanging in the ropes
Natural Gas prices were unable to break above $1.90 this week.
Traders are throwing in the towel on bullish outlooks after European PMI data points to a…
USD/MXN: Mexican Peso weakness is unlikely given the current carry environment – Rabobank
Banxico announced its latest rate decision on Thursday, March 21, when it decided to cut rates for the first time since 2021. USD/MXN barely moved on the…
USD/JPY Price Analysis: Hanging Man at highs could be bearish omen
USD/JPY forms a bearish candlestick pattern at the multi-year highs.
A bearish close on Friday would enhance the possibilities of a pullback.
The BoJ has…
Fed: Three rate cuts in 2024, starting in June – Rabobank
The Fed is aiming for three rate cuts, in the view of economists at Rabobank.
The Fed will halt its cutting cycle during the course of 2025
March’s meeting…
AUD/USD to end the year around 0.7200 before driving higher over 2025 – NAB
AUD/USD has traded in the 0.6500 range through March – with a short rise above 0.6600. Economists at the National Australia Bank analyze the pair’s outlook.…
Lululemon Athletica Stock News: LULU sinks 15% on lower 2024 sales guidance
Lululemon Athletica plunges below $400.
Full-year guidance cut to $250 million below consensus.
LULU stock halts fall near long-time support at $386.50.…
Mexican Peso gains against US Dollar post-Banxico and Fed decisions
Mexican Peso strengthens as USD/MXN declines below key support level after recent central bank rate announcements.
Banxico's split decision to cut rates to…
Good upside potential for NOK once USD rates start moving lower – ING
Norges Bank maintained the policy rate as expected but we got a slightly hawkish surprise. Economists at ING analyze Norwegian Krone’s (NOK) outlook after the…
EUR/USD cuts below 200-day average after Bundesbank President’s comments
EUR/USD pierces below the key 200-day SMA on Friday after Bundesbank's Nagel raises prospect of an early interest-rate cut.
The pair comes off its lows in…
USD/CAD may retest the low 1.3600s – Scotiabank
USD/CAD’s solid rebound from the mid-1.3400 area is extending. Economists at Scotiabank analyze the pair’s outlook.
There is little reason to expect gains to…