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Forex
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…
AUD/JPY drops to near 97.50 as traders expect BoJ to adopt hawkish stance
AUD/JPY edges lower following the hawkish speech by the BoJ Governor Ueda in Parliament.
The BoJ could raise interest rates further if its economic…
EUR/GBP remains above 0.8450, potentially reinforced by German data
EUR/GBP holds ground after the release of positive German figures on Monday.
German IFO – Business Climate came in at 86.6 for August, exceeding the…
EUR/JPY attracts some sellers below 161.00 as BoJ’s Ueda hawkish remarks boost the Japanese Yen
EUR/JPY trades softer near 160.70 in Monday’s early European session, down 0.50% on the day.
BoJ’s hawkish remarks support the JPY and cap the upside for…
EUR/USD Price Forecast: The first upside barrier emerges above 1.1200, eyes on the overbought condition
EUR/USD drifts lower to near 1.1185 in Monday’s early European session.
Constructive bias of the pair prevails above the 100-day EMA, but the overbought…
Gold price trades with mild negative bias despite firmer Fed rate cut bets
Gold price edges lower in Monday’s Asian session.
Fed’s rate cut expectation and ongoing geopolitical tensions continue to underpin Gold price.
The US…
Japanese Yen advances as BoJ Governor Ueda indicates further rate hikes
The Japanese Yen appreciates due to the hawkish speech by the BoJ Governor Ueda in Parliament.
The USD/JPY pair loses ground due to differing policy…
WTI attracts some buyers above $76.00 on Fed rate cut expectations, Middle East geopolitical risks
WTI price extends the rally to near $76.15 in Monday’s Asian session, gaining 0.45% on the day.
Fed’s dovish stance and rising geopolitical tensions in the…
GBP/USD edges higher above 1.3200 as Fed’s Powell signals ready to cut rates
GBP/USD trades in positive territory for the eighth consecutive day near 1.3215 in Monday’s early Asian session.
Fed’s Powell signalled for a September…
Israel carries out ‘pre-emptive’ strikes on Lebanon as Hezbollah launches drones and rockets
Hezbollah launched hundreds of rockets and drones at Israel early on Sunday, as Israel's military said it carried out a wave of pre-emptive strikes across…