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Forex
AUD/USD pulls back as Aussie gains meet US political boost
AUD/USD trades slightly lower on Tuesday, hovering around 0.6530 at the time of writing, down 0.15% on the day. After reaching a weekly high at 0.6540 on Monday, the pair is…
GBP/USD flat as UK unemployment rise boosts BoE rate cut expectations
GBP/USD flat as UK unemployment rise boosts BoE rate cut expectationsThe Pound Sterling (GBP) recovers some ground and trims some earlier losses on Tuesday following the release of…
CoreWeave (CRWV) collapses on weak guidance
Shares of data center player CoreWeave (CRWV) fell over 10% in early trading after reporting solid earnings, but weak guidance. Investors were hoping for a blockbuster report to…
USD/CAD extends losses as weak US labor data boosts Fed cut expectations
The Canadian Dollar strengthens against the US Dollar (USD) on Tuesday, with USD/CAD reversing earlier gains as the Greenback weakens following soft labor market data. At the time…
EUR/CHF slides to two-week low as Swiss Franc strengthens on US-Switzerland trade optimism
The Euro (EUR) weakens against the Swiss Franc (CHF) on Tuesday as the Franc shows relative strength among major peers amid optimism over a potential US-Switzerland trade deal. At…
XAU/USD is pushing against $4,150 resistance area
Gold (XAU/USD) is trading higher for the third consecutive day on Tuesday, with bulls pushing against the $4,150 resistance area at the time of writing.. A somewhat softer US…
EUR/USD ticks up within range amid a mild risk appetuite
EUR/USD has retraced previous losses and turned positive on the day. The pair trades at 1.1572 at the time of writing, after bouncing from 1.1545. The downbeat German ZEW Economic…
Welcome relief in a long race – Standard Chartered
US-China trade truce is offering a welcomed relief. Markets expect a H2 slowdown and forecast 2025 growth at 4.9%; deflation pressure to linger, Standard Chartered's economists…
No clear impact from re-opening – ING
The US Senate passed a bill to end the government shutdown yesterday. The House will vote in the next couple of days, and while a majority isn’t fully guaranteed, expectations are…
NZD/USD hovers around 0.5640, downside likely on RBNZ rate cut bets
NZD/USD remains flat after moving sideways during the early hours, trading around 0.5640 during the European hours on Tuesday. The pair remains subdued as the New Zealand Dollar…