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Forex
Forex Today: A September rate cut now looks at US data releases
The Greenback managed to regain composure and leave behind part of the recent multi-day bearish move, which was accentuated following Chair Powell’s speech at…
Pound Sterling Price News and Forecast: GBP/USD clings to 1.3200 in sideways trading
GBP/USD Price Forecast: Clings to 1.3200 in sideways trading
The Pound Sterling begins the week on a positive note, yet remains hovering around the 1.3200…
Caterpillar helps Dow Jones buck tide at start of eventful week
Caterpillar benefits from solid Durable Goods Orders data on Monday.
NASDAQ, growth stocks move lower on the good economic news.
Dow Jones Industrial…
DXY: May pullback below 99.58 short term – DBS
Fed cut expectations sent the DXY Index to 100.72 last Friday, near December’s 100.62 low, but was still above the 99.58 low in July 2023, DBS Senior FX…
GBP/USD Price Forecast: Clings to 1.3200 in sideways trading
Exhaustion signals as GBP/USD stalls after a 400-pip rally, with RSI indicating overbought conditions.
A daily close below 1.3200 could trigger a pullback,…
USD/CHF remains below 0.8500 as Fed assures policy change in September
USD/CHF steadies below 0.8500 as the Fed looks all set to cut interest rates in September.
The US Dollar fails to recover strongly despite upbeat US Durable…
EUR/USD: Bias to fade rally – OCBC
EUR rose amid broad USD softness, OCBC FX strategists Frances Cheung and Christopher Wong note.
Potential rising wedge in the making
“Euro was last seen at…
EUR/USD corrects on firm Fed, ECB September rate cuts bets
EUR/USD struggles to extend its upside above 1.1200 as the ECB is expected to cut interest rates again in September.
Fed’s Chairman Jerome Powell gives…
Mexican Peso depreciates on carry-trade outflows after Japanese Yen rises
The Mexican Peso is trading lower in key pairs on carry trade outflows stimulated by a strengthing JPY.
Furth downside comes from an increase in risk…
EUR/USD: To continue strengthen towards 1.1275 – UOB Group
The Euro (EUR) is likely to strengthen against the US Dollar (USD) further towards 1.1225, but the significant resistance level at 1.1275 is unlikely to come…