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Forex
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…
EUR/GBP Price Analysis: Consolidating sideways as technical indicators neutralize
The EUR/GBP pair is consolidating sideways between 0.8410 and 0.8450.
The RSI is flat at 43, while the MACD is also neutral with the MACD red bars…
USD/CAD clings to gains near 1.3550 with US Inflation on horizon
USD/CAD grips gains near 1.3550 amid US Dollar’s strength.
Better-than-feared US NFP report boosts the US Dollar.
Investors await the US inflation and BoC…
Gold stabilizes back inside its range after US Jobs’ data
Gold trades up and down within a range under its record highs.
US labor market data caused some volatile moves, but the sideways trend holds.
US…
Mexican Peso supported by monetary policy outlook
The Mexican Peso recovers after finding a floor.
The Peso gains support from the outlook for Mexico's monetary policy amid still high inflation.
USD/MXN…
US Dollar in positive mood in inflation-driven week
The US Dollar extends further gains in the European session on Monday.
Comments from Fed’s Waller and the mixed Nonfarm Payrolls print are enough to fuel…
EUR/USD slumps as Fed seems to cut interest rates gradually
EUR/USD dives below 1.1050 as the US Dollar strengthens on expectations that the Fed will opt for a small-size interest rate cut this month.
Investors await…
CEE: Inflation prints to set next direction – ING
This week's focus in the CEE region will be on inflation. Tomorrow, the August numbers will be published in the Czech Republic and Hungary, and on Wednesday in…
USD/INR holds losses, downside seems limited due to risk aversion
The Indian Rupee appreciates despite a risk aversion sentiment over a potential slowdown in the US economy.
Traders expect potential RBI interventions to…