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Forex
EUR/USD trades around 1.1700 after pulling back from four-week highs
EUR/USD is pulling back after hitting a four-week high of 1.1742 on Friday.Fed Chair Powell stated that risks to the labor market are increasing, while also…
Dow (YM) rockets higher from extreme zone – Bull run continues
Dow (YM) Futures bounced from the extreme support zone and broke to new highs, extending April’s bullish cycle. This post shows how our Elliottwave analysis…
EUR/GBP Price Forecast: In a near-term bullish bias towards 0.8680
The Euro extends its recovery against the British Pound amid an increasing bullish momentum.ECB Lagarde's upbeat comments in Jackson Hole have provided some…
European Gas gains on fading peace hopes and Norway risks – ING
Fading optimism over a Russia-Ukraine peace is providing support for European Gas prices, ING's commodity experts Ewa Manthey and Warren Patterson note.Overall…
GBP/USD attracts some sellers below 1.3500 on renewed US Dollar demand
GBP/USD weakens to near 1.3495 in Monday’s Asian session. The Fed’s Powell opened the door to resuming interest rate cuts. Hot UK July inflation data diminish…
USD/JPY advances to near 147.50, upside capped by BoJ hawkish signals
USD/JPY could weaken as BoJ Governor Ueda expressed optimism that conditions for another rate hike are coming into place.The US Dollar may struggle as…
EUR/USD: Likely to consolidate between 1.1665 and 1.1745 – UOB Group
Euro (EUR) is likely to consolidate between 1.1665 and 1.1745. In the longer run, increase in upward momentum is not enough to indicate a sustained rise; EUR…
Newmont Mining (NEM) starts next bullish cycle
Newmont Corporation (NEM), based in Denver, Colorado, is the world’s largest gold mining company. It operates across multiple continents with key mines like…
Jackson Hole: Jerome Powell’s speech boosts commodity prices
Every year, the Jackson Hole Symposium is one of the most closely watched events on the financial markets.This year was no exception, as Federal Reserve (Fed)…
USD/CAD struggles to gain ground as Fed’s Powell turns dovish on interest rate outlook
USD/CAD remains under pressure as Fed’s Powell signals that he is open to monetary policy adjustments.Fed Powell’s dovish interest rate guidance has battered…