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Forex
NZD/USD steady above 0.5700 amid RBNZ-Fed policy divergence
The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day. Spot prices…
GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will…
Euro clings above 1.1600 as Dollar softens amid quiet data lull
EUR/USD clings to the 1.1600 mark posting modest gains of over 0.15% on Monday as the Greenback tumbles following hawkish remarks by Kazuo Ueda, Bank of Japan Governor. A light…
Will KAS break free or reject again?
Kaspa (KASUSD) has been on quite the journey lately, and the current setup demands attention. After a brutal selloff that saw KAS plummet from $0.065 in mid to late October, the…
Canadian Dollar loses momentum at key levels heading into December
The Canadian Dollar (CAD) kicked off the December trading month on soft footing, snapping a four-session winning streak and skidding to a halt near key moving averages against the…
Gold hits five-week high toward $4,264 fueled by Fed cut frenzy
Gold (XAU/USD) extends its gains for the second consecutive trading session on Monday, up over 0.40% as money markets priced in a rate cut by the Federal Reserve (Fed) in the next…
Dow Jones 150 points as December kicks off
The Dow Jones Industrial Average (DJI) stumbled out of the blocks in December, falling 200 points and chalking in a soft technical barrier at the 47,600 level. December is…
AUD/USD steady as US data diverges, Australian GDP eyed
AUD/USD trades around 0.6550 on Monday at the time of writing, virtually unchanged on the day, as the market digests a batch of mixed US data and awaits key Australian releases.…
WTI advances as OPEC+ halts hikes, Fed easing boosts demand outlook
West Texas Intermediate (WTI) US Oil advances at the start of the week, trading around $59.30 at the time of writing. Crude Oil benefits from strong buying interest after the…
GBP/USD holds higher as rising December cut bets fuel Sterling demand
The GBP/USD post modest gains rise over 0.20% on Monday as investors grow confidence that the Federal Reserve might cut rates in the next week meeting, and traders prized in a…