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Forex
USD/JPY Price Forecast: Retreats below 150.00 sponsored on falling yields
USD/JPY retreats from a two-month high of 150.32, pressured by a decline in US Treasury yields.
The pair faces key resistance at the 100-DMA and top of the…
GBPUSD extends meager recovery from 1.30
GBP/USD found the gas for a thin rally on Friday.
Upbeat UK Retail Sales figures helped the Pound find its footing.
A broad-market pivot out of the…
Mexican Peso ends day with losses, down over 3% weekly
Mexican Peso gained 0.90% earlier on Friday but erased gains amid a weaker US Dollar.
US Dollar Index hit a two-month high before retreating to 103.48, down…
EUR/USD snaps four-day losing streak, but its a long way up
EUR/USD rebounded on Friday, clipping a week-long losing streak.
A last-second recovery in Fiber bids came from broad-market Greenback weakness.
The Euro…
Gold hits all-time highs on concerns about Middle East, US elections
Gold rises 0.98%, reaching $2,720 as geopolitical tensions and US election concerns drive demand for safe-haven assets.
Falling US Treasury yields and the…
USD slips broadly as markets consolidate – Scotiabank
The US Dollar (USD) is rounding out the week with broad, if limited, losses against the major currencies, Scotiabank’s Chief FX Strategist Shaun Osborne notes.…
USD/CAD: Spreads remain a headwind – Scotiabank
The Canadian Dollar (CAD) is little changed against the USD, with spot holding close to 1.38 on the day. The CAD’s slide against the USD steadied through…
Silver Price Forecast: XAG/USD breaks above $32 as few catalysts improve its safe-haven demand
Silver price jumps above $32.00 on multiple tailwinds.
Israel vowed to escalate attacks on Gaza after Sinwar’s killing.
Investors expect the Fed to go slow…
EUR/USD: Charts suggest a pause at least in drop – Scotiabank
The Euro (EUR) has recovered somewhat from the low reached in the wake of yesterday’s ECB rate cut. But EZ/US spreads remain wide, with markets pricing in more…
USD/JPY faces pressure near 150.00 as US Dollar’s rally halts
USD/JPY encounters offers near 150.00 as the US Dollar struggles to extend its upside further.
Traders priced out the Fed's larger-than-usual size of 50 bps…