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Forex
AUD/USD stays bullish despite Powell hawkish tilt, Aussie PMI eyed
AUD/USD climbs to 0.6913, rebounding from a daily low of 0.6894, despite hawkish hints from Fed Chair Powell.
Traders eye upcoming US ISM Manufacturing PMI…
Dow Jones Industrial Average flatlines on cautious Monday
The Dow Jones huddled close to 42,000 to kick off the new week.
Investors are awaiting key US labor data due on Friday.
Despite quiet Monday, the Dow Jones…
Gold prices pull back amid resilient US Dollar
Gold prices fall for the second consecutive day, down 0.6%, despite falling US Treasury yields and rising geopolitical risks.
The US Dollar Index rises as…
Forex Today: Fedspeak and data puts the US economy at the centre of the debate
The Greenback started the week on a strong note in a context where investors’ prudence prevailed ahead of key data releases in the US economy, where the labour…
Mexican Peso post gains as markets eye Sheinbaum’s inauguration
Mexican Peso strengthens to 19.60 against the Greenback, supported by anticipation ahead of Claudia Sheinbaum's October 1 inauguration.
Business Confidence…
Fed’s Bostic: Will be watching the Friday jobs report closely
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Monday that further deep cuts could be warranted from the Fed if the US labor market…
US Dollar ties up with small gains after Fed Bowman comes out rather hawkish this Monday
The US Dollar sees Fed's Bowman providing small support.
The US calendar starts slowely with Chicago PMIs and the Dallas Fed Manufacturing survey.
The US…
Pound Sterling struggles to extend upside above 1.3400 ahead of Fed Powell’s speech
The Pound Sterling strives to recapture 1.3400 against the US Dollar ahead of Fed Powell's speech.
A slight acceleration in the US core PCE inflation…
GBP/USD Price Forecast: Steadies below 1.3400 after strong UK data
GBP/USD rises, supported by solid UK GDP figures, but fails to sustain above 1.3400.
Momentum favors upside, with RSI in bullish territory; resistance…
USD/CAD struggles above 1.3500 with Fed Powell’s speech in focus
USD/CAD faces selling pressure above 1.3500 ahead pf Fed Powell’s speech.
The Fed would provide cues about the likely interest rate cut size in November.…