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Forex
GBP/USD Price Forecast: Holds to gains on mixed US data
GBP/USD remains above 1.3100, with RSI showing buyers in control and eyeing 1.3200 resistance.
Clearing 1.3179 would open the door to challenge the March…
US ISM Services PMI edges higher to 51.5 in August vs. 51.1 expected
ISM Services PMI stood in expansion territory above 50 in August.
US Dollar Index turns flat on the day above 101.00.
The economic activity in the US…
USD/JPY Price Prediction: Downtrend resumes, bears target August lows
USD/JPY has broken below a key support level and is falling lower.
The August 5 lows are the next target at 141.69.
USD/JPY is resuming its mid-term…
Crude Oil pops back to near $70.00 ahead of US trading session
Crude Oil falls back to flat, near the low of Wednesday.
OPEC is close to striking a deal to delay its production boost in order to support Oil prices.…
Euro Area: Progressing despite near-term hurdles – Danske Bank
The euro area economy experienced a solid first half of the year, achieving decent growth after a year of stagnation. Recent indicators, however, have cast…
AUD/USD trades sideways above 0.6700 ahead of US data
AUD/USD stays in a tight range above 0.6700 despite multiple tailwinds.
A hawkish guidance from RBA Bullock on interest rates fails to uplift the Australian…
PYPL Elliott Wave technical analysis [Video]
PYPL Elliott Wave Analysis Trading Lounge Daily Chart,
Paypal Holdings Inc., (PYPL Daily Chart.
PYPL Elliott Wave technical analysis
Function: Trend. …
PBOC’s Lu: Central bank will continue to implement supportive policy
People's Bank of China's (PBOC) Deputy Governor Lu Lei said on Thursday that the “central bank will continue to implement…
Gold recovers back above $2,500 after US job’s data
Gold recovers after the release of under par US job’s data stokes fresh concerns about a hard landing.
The probability the Fed will cut interest rates by…
BoJ’s Takata: If economy, prices move in line with our forecast, will adjust policy rate in several stages
Bank of Japan (BoJ) Board Member Hajime Takata is back on the wires early Europe on Thursday, noting that “if the economy, prices move in line with our…