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Forex
Dow Jones Industrial Average recedes 300 points on Monday pullback
The Dow Jones shed 300 points, or 0.7%, as equities retreat from record highs.
Bullish momentum is taking a breather, with the Dow Jones bearing the brunt…
USD/JPY Price Forecast: Hits12-week high at around 150.50
USD/JPY climbs to 150.52, its highest level in 12 weeks, as rising US bond yields fuel demand for the Dollar.
Technical outlook remains bullish, with…
EUR/GBP Price Analysis: Consolidation continues, indicators remain flat
EUR/GBP remains range-bound, consolidating recent losses as buying pressure stalls.
Sellers take the foot off the gas after last Thursday’s losses
RSI…
Pound Sterling weakens against US Dollar amid uncertainty over US election
The Pound Sterling remains under pressure but it could rebound as market participants reassess the BoE rate cut path.
Unexpectedly strong UK Retail Sales…
US Dollar starts week off calm, though resides near October’s high
The US Dollar trades mildly up as the possible escalation in the Middle East conflict drives flows towards the Greenback.
Fed speakers are starting to…
EUR/USD: Sell-off looks over-extended on the intraday and daily oscillators – Scotiabank
Dovish comments from ECB Governors Simkus and Kazaks support market expectations for a further reduction in ECB rates in December, Scotiabank’s Chief FX…
ECB’s Kazimir: December meeting wide open, all options on table
European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Monday that they will be in a "strong and comfortable…
Mexican Peso depreciates as Donald Trump edges ahead in polls
The Mexican Peso is losing ground as Donald Trump edges past Kamala Harris in the polls.
Trump has vowed to slap massive import tariffs on Mexican goods,…
USD: Beige Book is probably the biggest threat to the US Dollar – ING
FX markets seem to be positioning for a Trump victory in next month's US presidential election. October seems to have been a good month for Donald Trump in…
NZD/USD Price Forecast: Remains tepid near 0.6050, two-month lows
NZD/USD could test the immediate support around a two-month low at 0.6039 level.
The daily-chart analysis suggests the short-term market bias is bearish for…