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Forex
EUR/USD slips as Dollar rebounds, French protests weigh on sentiment
US Dollar bounces from three-year lows after Fed cut, supported by rising US Treasury yields late in the week.Fed officials Daly and Kashkari offered cautious…
GBP/USD has moved into a range-trading phase – UOB Group
Pound Sterling (GBP) has moved into a range-trading phase; softening underlying tone suggests it is likely to test the lower end of the 1.3470/1.3650 range…
Sharp decline in US crude Oil stocks – Commerzbank
US crude Oil inventories fell unexpectedly sharply by 9.3 million barrels last week, according to the US Department of Energy, Commerzbank's commodity analyst…
AUD/USD: Set to test the major support at 0.6600 – UOB Group
There is a chance for Australian Dollar (AUD) to test the major support at 0.6600 before a recovery is likely. In the longer run, advance in AUD from early…
Oil: Warning of cuts in Russian Oil production – Commerzbank
The Russian pipeline monopoly has warned that Russian Oil production might have to be reduced due to Ukrainian drone attacks. This was reported by three…
NZD/USD is likely to trade with a downward bias – UOB Group
New Zealand Dollar (NZD) is likely to consolidate in a range of 0.5870/0.5920. In the longer run, slight increase in downward momentum suggests NZD is likely…
Gold price weaker after Fed meeting – Commerzbank
The Gold price came under pressure with some delay after the Fed meeting. A brief rise to a new record high of more than $3,700 per troy ounce was followed by…
USD/JPY: Any advance may be limited to a test of 148.45 – UOB Group
US Dollar (USD) could strengthen further; deeply overbought conditions suggest any advance may be limited to a test of 148.45. In the longer run, USD could…
Virtually no Gold exports from Switzerland to the US in August – Commerzbank
The Swiss customs authorities have published data on Gold exports in August, Commerzbank's commodity analyst Carsten Fritsch notes. Gold might remain exempt…
USD/CHF extends beyond 0.7950 amid generalised Swiss Franc weakness
The US Dollar extends gains against a weaker Swiss Franc on Friday and returns above 0.7950.Strong US jobless claims and an unexpected rebound in a…