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Forex
Gold price ticks lower in a familiar range amid some follow-through USD buying
Gold price edges lower as USD benefits from reduced expectations of a 50 bps Fed rate cut.
The downside remains limited as traders look to US inflation…
USD/JPY steadily climbs back closer to mid-143.00s, upside potential seems limited
USD/JPY ticks higher for the second straight day and draws support from a combination of factors.
A downward revision of Japan’s GDP print and a positive…
NZD/JPY Price Analysis: Bulls regain control, bear’s grip weakens
The NZD/JPY pair rose by 0.15% in Monday's session but remains below 88.00.
The pair is currently trading in a range between 87.50 and 88.40.
Bears have…
EUR/USD slips as ECB rate cut expectations weigh, drops below 1.1100
EUR/USD extends losses after clearing 1.1100 support, with ECB expected to cut rates by 25 bps on September 12.
Market sentiment remains cautious as…
Gold surges above $2,500 ahead of US CPI as Fed rate cut looms
Gold gains ground despite broad US Dollar strength, traders focus on the upcoming US Consumer Price Index (CPI) release.
CME FedWatch Tool shows 73% odds of…
Microsoft trends higher as Rubrik earnings expected after close
Rubrik will release Q2 earnings after close on September 9.
This is only the second quarter that Rubrik has posted results as a public company.
Piper…
US Dollar starts the week strong as markets gear for inflation readings
US Dollar recovers following last Friday’s gains.
Inflation data takes center stage, CPI expected to show moderation.
Fed easing expectations have steadied…
Mexican Peso erases losses as inflation cools amid political uncertainty
Mexican Peso strengthens as fears of judiciary reform approval fade despite Banxico's dovish stance.
Opposition from 43 senators reduces chances of…
Pound Sterling Price News and Forecast: GBP/USD drops below 1.3100 as Fed large rate cut odds wane
GBP/USD Price Forecast: Drops below 1.3100 as Fed large rate cut odds wane
The GBP/USD begins the North American session down by over 0.30% on Monday as…
USD: Shorts, paring back – Rabobank
USD net long positions have increased for the second week in a row. EUR net long positions have increased for the third consecutive week. GBP net long…