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Forex
Gold steadies as traders await Fed policy decision and US economic data
Gold price remains range-bound between $3,300 and $3,330 as traders stay cautious ahead of key US macro data.The Federal Reserve is widely expected to keep…
USD/JPY climbs to 149.00 on upbeat US data
USD/JPY trades in positive territory near 149.00 on Wednesday.The US Dollar benefits from stronger-than-expected macroeconomic data releases.The Fed will…
BoC set to keep interest rate on hold amid tariff uncertainty
FXStreet expects the Bank of Canada to maintain unchanged rates on July 30.The Canadian Dollar maintains a positive tone vs. the US Dollar.The July meeting…
OPEC+ committee emphasizes importance of adhering to agreed production levels – Commerzbank
The Joint Ministerial Monitoring Committee (JMMC) of OPEC+ held its regular bimonthly meeting virtually yesterday, Commerzbank's commodity analyst Carsten…
AUD/USD: Likely to test 0.6500 – UOB Group
There is room for Australian Dollar (AUD) to test 0.6500 against US Dollar (USD); a sustained decline below this level is unlikely. In the longer run, upward…
USD/JPY pulls back from 148.75 highs with Fed and BoJ in the spotlight
The US Dollar trims gains against the Yen on Tuesday but remains supported near multi-month highs.Trade deals, strong US data, and dwindling hopes of Fed cuts…
Qatar threatens to stop LNG supplies to the EU – Commerzbank
More leeway for LNG deliveries from the US to the EU could be created not only by turning away from Russian gas, but also from other sides, Commerzbank's…
NZD/USD might not be able to reach 0.5940 – UOB Group
New Zealand Dollar (NZD) could decline further against US Dollar (USD), but it might not be able to reach 0.5940. In the longer run, upward momentum has faded;…
Gold is slipping – Commerzbank
The price of Gold has slipped further in light of the preliminary resolution of the trade dispute between the EU and the US, Commerzbank's Head of FX and…
USD/CAD jumps to near 1.3750, investors await Fed’s and BoC’s monetary policy outcome
USD/CAD advances to near 1.3750 as the US Dollar continues to move higher.The tariff deal between the US and the EU has strengthened the US Dollar.Both the Fed…