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Forex
Australian Dollar gains as US Dollar remains steady on Fed policy outlook
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending gains for the second successive day. The AUD/USD pair receives support as the US Dollar (USD)…
Gold edges lower despite Fed rate cut hopes on cooling US inflation
Gold price (XAU/USD) declines to below $4,350 during the early Asian trading hours on Friday. The precious metal edges lower due to some profit-taking and weak long liquidation…
Japan’s National CPI climbs 2.9% YoY in November, Core CPI rises as expected
Japan’s National Consumer Price Index (CPI) rose by 2.9% YoY in November, compared to the previous reading of 3.0%, according to the latest data released by the Japan Statistics…
Daily and intraday structure in focus
Price behaviour around the central pivot is guiding near-term context as structure remains intact.Nasdaq March Futures (NQH) — Daily & Intraday Structure DeskNew York Session |…
Gold losses shine as Fed-cut bulls weigh dovish implications of soft CPI
Gold (XAU/USD) erases earlier gains on Thursday after the non-yielding metal hit $4,374 and approached the all-time high of $4,381 following the release of a weaker-than-expected…
Banxico reduced rates from 7.25% to 7% as widely expected
The Bank of Mexico, known as Banxico, reduced rates by 25 basis points as expected on Thursday at its December policy meeting with a 4-1 vote split, as Deputy Governor Jonathan…
BoE, ECB and US CPI maintain US Dollar under pressure
Here is what you need to know on Friday, December 19:The US Dollar Index (DXY) is trading near the 98.45 level after data from the US Bureau of Labor Statistics (BLS) showed the…
USD/CAD rebounds slightly as US Dollar steadies after CPI miss
The Canadian Dollar (CAD) pares some of its earlier gains against the US Dollar (USD) on Thursday as the Greenback stabilises after a brief bout of weakness following its initial…
Tesla stock hits record high after regulators pause sales suspension
Tesla’s share price raced to a record high on Thursday, after regulators moved to delay an upcoming sales suspension.The suspension came following accusations from the Department…
GBP/USD firm as soft CPI pressures Dollar, BoE stance supports Sterling
GBP/USD firm as soft CPI pressures Dollar, BoE stance supports SterlingGBP/USD surges during Thursday’s North American session as following the release of a benign US inflation…