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Forex
EUR/USD churns on indecisive Tuesday
EUR/USD held off further losses, but gains remain absent.
Fed Meeting Minutes due on Wednesday to draw investor attention.
Traders will be looking for good…
GBP/USD snaps five-day losing streak but gains remain tepid
GBP/USD pumped the brakes on recent losses but remains below the 50-day EMA.
Latest Fed Meeting Minutes due Wednesday, UK MPC policy hearings on Thursday.…
Gold price slips on Middle East truce calls, clings above $2,600
Gold drops to a daily low of $2,604 amid truce hopes between Israel and its neighbors.
Safe-haven demand weakens as Hezbollah supports ceasefire efforts,…
US Dollar steady while investors await drivers in CPI readings
US Dollar Index remains neutral on Tuesday near the key 103.00 level.
Fed officials remain cautious about easing policy too much, too soon.
CPI figures on…
Mexican Peso drops as high US yields bolstered the USD
Mexican Peso drops, weighed by risk-off mood and strong US economic data.
Banxico Deputy Governor Omar Mejia hinted at a negative output gap by late 2024,…
EUR/USD Price Prediction: Chart of bad omens with break below trendline, Double Top
EUR/USD has broken below a key trendline and might have formed a bearish pattern.
A Double Top reversal pattern could potentially be a bad omen for the…
Pound Sterling Price News and Forecast: GBP/USD Rebounds on data, yet falls below 1.3100…
GBP/USD Price Forecast: Rebounds on data, yet falls below 1.3100
The Pound Sterling recovered some ground against the Greenback on Tuesday, following a…
EUR/GBP Price Analysis: Bulls in control as long they sustain 20-day SMA
EUR/GBP declined 0.10% on Tuesday and remains in a range, but bullish bias intact.
RSI, flat MACD support a balanced outlook.
EUR/GBP should hold above…
Chinese central bank did not buy any Gold in September either – Commerzbank
The Chinese central bank (PBoC) reported unchanged Gold reserves of 72.8 million ounces (2,264 tons) at the end of September, Commerzbank’s commodity analyst…
Gold declines on investor disappointment at size of China stimulus
Gold is falling to the base of its range as investors revise down their outlook for China, the world’s largest consumer of Gold.
The precious metal is…