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Forex
EUR/JPY tests long-term highs at 182.60 amid generalised Yen weakness
The Yen remains the worst-performing currency of the G8 majors this week. EUR/JPY downside attempts have been contained above a previous high, at the 182.00 area earlier on…
Brent drops below $62 as global Oil glut deepens – ING
Oil prices are under further downward pressure this week, with ICE Brent falling below $62/bbl, settling at its lowest level since late October. The Oil market is moving deeper…
Gold struggles to gain momentum as traders await Fed rate decision
Gold (XAU/USD) extends its sideways consolidative price move through the early European session and trades just below the weekly high touched earlier this Wednesday. Traders now…
Where LPL financial sees the S&P 500 at the end of 2026
n its 2026 outlook, LPL Financial (NASDAQ:LPLA) sees modest gains for the S&P 500 next year.The leading investment advisor and broker-dealer anticipates the S&P 500 to end…
Is Nasdaq topping out? All-time highs or now?
Is the Nasdaq running out of momentum — Or coiling for a final breakout?The Nasdaq’s recent rally has been impressive, but the index is now confronting the same premium zone that…
Japanese Yen rebounds vs USD amid BoJ rate hike bets and Fed outlook
The Japanese Yen (JPY) edges higher during the Asian session on Wednesday following the release of Japan’s Corporate Goods Price Index, which exceeded market expectations and…
USD/CAD ticks up to near 1.3850 in countdown to BoC-Fed monetary policy
The USD/CAD pair trades marginally higher to near 1.3855 during the Asian trading session on Wednesday. The Loonie pair is expected to trade broadly sideways as investors await…
WTI declines as US Dollar gains on job data, Iraq oilfield resumes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.20 during the Asian trading hours on Wednesday. The WTI price declines as the US Dollar (USD)…
PBOC sets USD/CNY reference rate at 7.0753 vs. 7.0773 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0753 compared to the previous day's fix of 7.0773.…
GBP/USD extends mean reversion as investors brace for Fed
GBP/USD eased back toward the midrange on Tuesday, shedding around one-fifth of one percent after facing an intraday technical rejection from the 1.3350 level. Price action has…