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Forex
WTI drops to two-week low below $71.00 on easing fears of oil supply disruption
WTI price loses ground to around $70.70 in Thursday’s early Asian session.
Easing fears of an oil supply disruption in the Middle East, sluggish global oil…
USD/CAD posts modest gains above 1.3750, eyes on US Retail Sales data
USD/CAD trades with mild gains around 1.3755 in Thursday’s early Asian session.
The expectation of a slower pace of Fed rate cuts underpins the USD…
Tech rebounds after yesterday’s hiccup, with focus shifting to TSMC guidance
Markets
US stocks are bouncing back from yesterday's tech hiccup, with smaller sectors flourishing today, thanks to a steady US growth outlook and improved…
Australian unemployment rate set to steady in September, hiring pace set to slow
The Australian Unemployment Rate is foreseen stable at 4.2% in September.
Employment Change is expected at 25K, focus will be on the details.
AUD/USD is…
Gold price advances and approaches YTD high as US yields fall
XAU/USD climbs as falling US Treasury yields boost demand for non-yielding assets.
Traders anticipate rate cuts from major central banks as inflation cools…
US Dollar continues gaining as Retail Sales loom
US Dollar proves strong as markets are pricing in a Trump victory in November.
Fed easing expectations: 150 bps of total easing seen over the next 12…
Pound Sterling Price News and Forecast: GBP/USD tumbles to two-month low below 1.3000 on soft UK CPI
GBP/USD Price Forecast: Tumbles to two-month low below 1.3000 on soft UK CPI
The Pound Sterling dived following a softer-than-expected UK inflation report,…
Mexican Peso slides on buoyant US Dollar, risk aversion
Mexican Peso weakened as US Dollar gains despite falling US yields.
IMF downgrades Mexico's 2024 GDP growth outlook, citing capacity constraints and tight…
US Dollar sees Trump effect play out with Greenback pushing higher
The US Dollar is on the brink of printing a fresh two-month high.
Not only betting sites, but also financial markets are doubling down on a Trump win.
The…
EUR/USD remains fragile as traders brace for ECB policy meeting
EUR/USD stays below 1.0900 as the ECB is expected to cut its borrowing rates by 25 bps on Thursday.
Increasing speculation for Donald Trump’s victory in the…