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Forex
USD/CAD refreshes multi-year peak, 1.4200 remains in sight on larger BoC rate cut bets
USD/CAD trades with positive bias for the third straight day and climbs to a fresh multi-year top.
Bets for a larger BoC rate cut and a modest downtick in…
Japanese Yen recovers on safe-haven demand; USD/JPY pulls back from one-week top
The Japanese Yen rebounds from over one-week low touched against the USD on Tuesday.
Doubts over BoJ’s ability to hike rates might hold back the JPY bulls…
Silver Price Forecast: XAG/USD rises to near $32.00 within an ascending channel
Silver price continues to gain ground due to the prevailing bullish bias.
The primary barrier appears around the upper boundary of the ascending channel at…
Australian Dollar remains tepid ahead of the RBA decision
The Australian Dollar depreciates as traders adopt caution ahead of the RBA Interest Rate Decision.
The RBA is expected to hold the Official Cash Rate…
EUR/USD slumps as ECB rate call looms ahead
EUR/USD shed barely a tenth of a percent on Monday.
Despite limited movement, Fiber eased back from 1.0600.
US CPI inflation, ECB rate call in the barrel…
WTI rebounds to near $68.00 amid Middle East geopolitical risks
WTI edges higher to near $67.90 in Monday's early Asian session.
Middle East turmoil and China’s policy shift could underpin the WTI price in the near…
Australian Dollar sees green ahead of eventful week
AUD/USD recovered toward 0.6440 on Monday after sinking to 0.6350 on Friday.
Improved market sentiment and Chinese stimulus hopes boost the Aussie.
Focus…
RBA expected to keep interest rate steady as high inflation, tight labor market outweigh weak growth
The Reserve Bank of Australia is expected to hold the interest rate at 4.35% in December.
Australian central bank Governor Michele Bullock’s comments will…
Canadian Dollar remains clipped near multi-year lows
The Canadian Dollar went nowhere quickly on Monday.
Looming Bank of Canada rate call keeps CAD markets tepid.
Investor sentiment finds a fresh patch of…
Forex Today: Investors will closely follow the RBA ahead of US CPI
The Greenback overcame its initial bearish tone and closed Monday’s session with decent gains, supported by renewed geopolitical tensions and cautious…