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Forex
USD/CAD Price Prediction: Breaks above key trendline after strong Canadian GDP data
USD/CAD has broken above a key trendline and probably reversed trend.
There is a possibility it could start trending higher if the break holds and prices…
USD/CAD jumps to near 1.3500 despite multiple headwinds
USD/CAD reclaims 1.3500 as the US Dollar rises sharply.
A steady rise in the US core PCE inflation forced traders to pare Fed large rate cut bets.
The…
Mexican Peso rises against USD after US PCE inflation falls below estimates
The Mexican Peso is rising against the US Dollar after the release of US Core PCE inflaiton data falls below estimates.
The data indicates inflation…
EUR/GBP sets for third consecutive weekly fall on firm ECB rate cut bets
EUR/GBP remains on the backfoot amid sheer weakness in the Euro.
Sof Eurozone inflation prompts ECB rate cut bets.
The BoE is expected to deliver one more…
GBP/USD: GBP drifts from early week peak – Scotiabank
House price data from Nationwide fell 0.2% in August but UK lending data suggest some renewed vigour in the UK housing market as house hunters anticipate…
EUR/USD declines to near 1.1050 after soft Eurozone, US inflation
EUR/USD falls to near 1.1050 as the Eurozone inflation declines in line with estimates.
Soft German inflation already boosted hopes of another ECB…
GBP/USD Price Forecast: Extends losing streak, slides below 1.3150
GBP/USD shows upward bias on daily chart, yet short-term RSI presents mixed signals.
Hourly chart reveals bearish trend with the pair below 50, 100, and…
Pound Sterling declines as traders pare Fed large rate cut bets
The Pound Sterling falls below 1.3150 against the US Dollar after sticky US core PCE inflation.
A decline in market expectations for the Fed's large…
Pound Sterling Price News and Forecast: GBP/USD declines as traders pare Fed large rate cut bets
The Pound Sterling (GBP) extends its two-day losing spree and posts a fresh intraday low below 1.3150 against the US Dollar (USD) in Friday’s North American …
EUR/USD: Eurozone headline CPI drops but services hotspot remains – Scotiabank
Eurozone August CPI rose a preliminary 0.2% in the month and was 2.2% higher over the year, down from 2.6% in July and in line with expectations, Scotiabank’s…