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Forex
GBP/USD softens below 1.3300 amid renewed US Dollar demand
GBP/USD weakens to near 1.3265 in Thursday’s early Asian session.
The risk-off mood and upbeat US ADP report lift the US Dollar.
A less dovish stance of…
NZD/USD extends downside below 0.6300 on firmer US Dollar
NZD/USD trades in negative territory for the third consecutive day around 0.6260 in Thursday’s early Asian session.
The US private sector added more jobs…
Silver Price Forecast: XAG/USD rebounds and reclaims $31.50
Silver rises 0.39%, trading at $31.82 as buyers push prices above the opening level, reclaiming $31.50.
RSI hints at consolidation ahead, with a break above…
Nike stock dashes 8% lower on withdrawal of 2025 fiscal guidance
Nike stock sinks as much as 8% on Wednesday.
NKE shares sell off after footwear maker misses revenue estimate.
Already bad 2025 fiscal guidance gets…
Dow Jones Industrial Average struggles in midrange as risks weigh on hopeful traders
Dow Jones catches chart friction near 42,200 as investors waver.
Precursor jobs data to Friday’s upcoming NFP surprised to the upside.
Geopolitical…
Gold price drops on high US yields as Middle East conflict pauses
Gold price slumps on Wednesday amid heightened tensions between Israel and Iran.
A robust ADP National Employment Change report could be a prelude to an…
USD/CAD Price Prediction: Starting to decline again, possible resumption of downtrend
USD/CAD is declining again, possibly in a resumption of its prior downtrend.
The pair could be descending in a large Measured Move pattern with bearish…
The Hang Seng is too hot now, but long-term attractive
The Chinese stock market is closed for a national holiday, but futures and ETFs are trading and are on another strong run today. The Hang Seng Index is up 9.6%…
EUR/USD trades lower after robust US jobs data, Eurozone inflation miss
EUR/USD trades on the back foot due to the Euro’s weakness and increasing US Dollar strength.
The Euro depreciated on Tuesday due to lower inflation data;…
Gold corrects back about half a percent on Wednesday
Gold pulls back after Tuesday’s rally on increased geopolitical risk stemming from Iran’s escalation in the Middle East.
The macro backdrop remains…