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Forex
EUR/GBP Price Analysis: Mixed outlook as bulls and bears tussle near 0.8380
Overall, the EUR/GBP consolidates sideways with no clear trend.
RSI suggests rising selling pressure, while MACD indicates declining buying pressure in the…
Dow Jones Industrial Average rises on Wednesday as stocks extend rebound
The Dow Jones added three-quarters of a percent on Wednesday, climbing over 300 points.
Equities are staging a rebound after the week’s early declines.…
NZD/USD Price Forecast: Plunges below 0.6100 on RBNZ 50 bps rate cut
NZD/USD plummets below 0.6100 as the RBNZ reduced its OCR further by 50 bps to 4.75%.
The RBNZ was expected to deliver a hefty rate cut amid weak growth…
USD/JPY hovers near seven-week high around 149.00 in countdown to FOMC Minutes
USD/JPY clings to gains near 149.00 with FOMC minutes on the horizon.
The US core CPI is expected to have grown at a steady pace of 3.2% in September.
The…
Crude Oil faces another nosedive move with losses amounting over 7% in just two days
Crude Oil unable to find support and sinks again.
Markets are looking at developments in the Middle East, with President Biden set to speak to Israel’s…
Fed Minutes Preview: Details on decision to trim rates by 50 bps in September take centre stage
The Minutes of the Fed’s September 17-18 policy meeting will be published on Wednesday.
Details of Jerome Powell and co’s decision to trim interest rates by…
PLTR [Palantir] Elliott Wave structure calls for new all time highs
Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the…
USD/CNH: Likely to trade between 7.0530 and 7.0930 – UOB Group
The US Dollar (USD) could continue to trade in a range, likely between 7.0530 and 7.0930. In the longer run, current price movements are likely part of a range…
AUD/USD: Expected to trade in a range between 0.6725 and 0.6780 – UOB Group
The Australian Dollar (AUD) is expected to trade in a range between 0.6725 and 0.6780. In the longer run, AUD is expected to continue to weaken, albeit likely…
Gold price extends losing spell amid upbeat US Dollar ahead of FOMC Minutes
Gold price drops further as fading Fed 50 bps rate cut bets strengthened the US Dollar’s appeal.
The downside in Gold price is expected to be limited due to…