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Forex
Technical structure favors bulls as price holds wedge breakout
The Euro (EUR) trades flat against the US Dollar (USD) on Tuesday, pressured by a steady Greenback in an otherwise calm market. At the time of writing, EUR/USD is trading around…
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivotGBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to…
Silver price retreats amid profit-taking, focus shifts to US data
Silver (XAG/USD) moves lower on Tuesday, trading around $57.50 at the time of writing, down 0.70% on the day. The white metal is easing after Monday’s solid upward move, as market…
GBP/USD steadies near 1.3200 amid rising Fed and BoE rate cut odds
GBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to show signs of weakness, which could prompt the Federal Reserve to ease…
GBP/USD strengthens on relief rally after UK autumn statement
Pound Sterling weakens against US Dollar ahead of key US dataThe Pound Sterling (GBP) drops to near 1.3190 against the US Dollar (USD) during the European trading session on…
Euro holds steady near 1.16 as CPI aligns with expectations – Scotiabank
The Euro (EUR) is trading flat to the US Dollar (USD) while outperforming most of the G10 currencies as it consolidates in a tight range around 1.16, Scotiabank's Chief FX…
EUR/JPY snaps three-day losing streak as solid JGB auction weakens the Yen
The Euro (EUR) edges higher against the Japanese Yen (JPY) on Tuesday as the Yen weakens in response to easing Japanese Government Bond (JGB) yields after the latest 10-year…
EUR/GBP edges higher as Eurozone inflation supports Euro, BoE weighs
EUR/GBP trades slightly higher on Tuesday, around 0.8800 at the time of writing, up about 0.15% on the day. The cross benefits from support for the Euro (EUR) after the release of…
The S&P 500 is gearing up for a Christmas rally
Rising US Treasury yields and renewed selling of cryptocurrencies have cooled demand in the S&P 500. The broad stock index took a step back after a five-day rally, but its…
Eurozone flash headline HICP rises by 2.2%, faster than 2.1% in October
Annual Harmonized Index of Consumer Prices (HICP) in the Eurozone, as measured by changes in the prices of a representative basket of goods and services in the European Monetary…