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Forex
USD/CHF declines as soft US data and bearish technicals weigh on pair
The Swiss Franc (CHF) continued to appreciate against the US Dollar (USD) on Thursday, following a slightly soft US jobs report overshadowed by Wednesday’s Nonfarm Payrolls print.…
Gold plunges despite falling US yields and solid US jobs data
Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans…
WTI sinks below $63 on US-Iran headlines
West Texas Intermediate (WTI) US Crude Oil took a fresh leg down on Thursday, bullied into the low end by a combination of the potential for a sharp pullback from US-Iran tensions,…
US Dollar Index churns near 97.00 on Thursday
The Federal Reserve (Fed) held rates at 3.50% to 3.75% at its January 28 meeting, pausing after three consecutive quarter-point cuts in 2025. Two Federal Open Market Committee…
Silver retreats as strong US jobs data dampen rate-cut hopes
Silver (XAG/USD) trades lower on Thursday, hovering around $82.85 at the time of writing, down 1.95% on the day. The white metal is correcting after posting a weekly high at…
EUR/USD snaps two-day slide as the Greenback struggles for traction
The Euro (EUR) regains some lost ground against the US Dollar (USD) on Thursday, with EUR/USD snapping a two-day losing streak as the Greenback struggles to attract a meaningful…
AUD/USD holds near highs as Australian inflation fuels tightening bets
AUD/USD trades around 0.7140 on Thursday at the time of writing, up 0.21% on the day, after briefly reaching a three-year high at 0.7147. The pair is easing slightly from those…
Gradual Yen recovery towards 145 – Rabobank
Rabobank’s Senior FX Strategist Jane Foley argues that earlier assumptions about Prime Minister Takaichi’s fiscal and monetary stance are being reassessed, reducing pressure on the…
USD: Policy risks cap recovery – DBS
DBS Group Research economist Philip Wee notes that the Dollar failed to gain traction even after stronger US nonfarm payrolls and a lower unemployment rate in January. He…
USD/JPY consolidates around 153.00 favoured by lower Fed easing bets
The US Dollar (USD) has found footing in the lower range of the 152.00s against the Japanese Yen (JPY) and is consolidating around 153.00 on Thursday. Strong US employment figures…