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Forex
US Dollar soft ahead of inflation data and FOMC minutes
DXY snapped a five-day winning streak and seems to be taking a breather below 103.00
Fed easing expectations have been tempered following last week’s jobs…
Travelers stock bends the knee as Hurricane Milton threatens to follow up Helene.
Travelers stock sinks as Hurricane Milton approaches Florida.
Insurance stocks are trending lower with new hurricane reaching Category 4.
Hurricane Helene…
Silver: CTA selling activity to weigh on the Silver markets – TDS
Silver markets are likely to be weighed down by CTA selling activity, TDS macro analyst Daniel Ghali notes.
Fundamental outlook for Silver remains strong…
Pound Sterling slides below 1.3100 on Middle East risks, Fed large rate cut bets wane
The Pound Sterling falls sharply below 1.3100 against the US Dollar as traders pare Fed large rate cut bets.
US NFP report for September showed a sharp…
GBP/USD Price Forecast: Extends losses below 1.3100 on BoE’s dovish stance
GBP/USD declines 0.26% to 1.3076, after peaking at 1.3134, influenced by dovish BoE remarks and rising US Treasury yields.
Bearish RSI indicates seller…
Silver Price Forecast: XAG/USD tumbles below $32 on blowout US jobs data
Silver price falls sharply below $32.00 as US bond yields rise further.
Surprisingly upbeat US NFP data forced traders to pare Fed large rate cut bets.…
Gold supported by safe-haven flows as outlook for US weighs
Gold finds support from continued safe-haven flows and demand from long-term investors.
This acts as a counter-weight to pressure from reduced expectations…
EUR/USD trades cautiously due to upbeat US Dollar, ECB dovish bets
EUR/USD remains on the backfoot near 1.0950 as the Fed is expected to follow a gradual rate-cut approach.
US labor demand remained robust and wage growth…
A warning shot for the JPY bulls – Commerzbank
Last week was a very difficult one for the Japanese Yen (JPY), Commerzbank’s FX analyst Michael Pfister notes.
Further rate hike by BoJ is not a done deal…
US Dollar steadies with Fed-packed Monday ahead
The US Dollar steadies on Monday, though still at elevated levels near last week’s high.
Tensions in the Middle East keep lingering while traders gear up…