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Forex
Dow Jones Industrial Average follows equities higher
The Dow Jones gained ground on Wednesday as equities broadly push higher.Markets are finding their bidding buttons amid a lack of game-changing news.US GDP…
Nvidia stock slides despite double beat for Q2
Nvidia tops consensus for second quarter revenue, EPS.Nvidia guides for $54 billion in Q3 sales, excluding H20 sales.NVDA stock sinks as low as $172 afterhours…
Pound Sterling trades broadly stable as Trump threatens Fed independence
The Pound Sterling consolidates around 1.3460 against the US Dollar on Wednesday.Fed’s Cook announces that she will file a lawsuit against her termination by…
EUR/USD slips to 1.1630 as Fed drama fades, France risk grows
EUR/USD retreats 0.10% as Fed independence concerns ease and U.S. durable goods, confidence data support Dollar.Political turmoil in France, with looming…
Gold pares losses as US Dollar eases; Fed turmoil keeps sentiment cautious
Gold pares intraday declines, bouncing back to its two-week high around $3,394.Political uncertainty deepens as Trump pushes to remove Fed Governor Lisa…
USD/CHF Price Forecast: Slips to 0.8020 as safe-haven boosts Franc
USD/CHF extends losses after Powell signals rate cuts, boosting Swiss Franc’s safe-haven appeal.Pair consolidates between support and 50-day SMA, with RSI…
NZD/USD nears multi-month lows at 0.5800 on broad-based US Dollar strength
The New Zealand Dollar extends losses against a stronger USD, nearing four-month lows at 0.5800.The US Dollar is outperforming its peers on Wednesday despite…
AUD/USD nears recent peak above 0.6500 amid a better market mood
Generally encouraging United States data revived optimism among market players.Australia will release the July Monthly Consumer Price Index early on…
Canadian Dollar extends gains as risk-on flows rebound
A fresh round of Greenback hesitation bolstered the Canadian Dollar on Wednesday.Global market sentiment is tilted into the bullish side, giving…
EUR/USD expected to trade in a range between 1.1580 and 1.1745 – UOB Group
There has been no increase in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1610/1.1675. In the longer run, EUR is expected…