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Forex
Dow Jones Industrial Average churns near fresh highs on Tuesday
The Dow Jones Industrial Average cycled familiar territory on Tuesday.
The equity index is holding near 41,000.00 as investors take a breather.
Equities…
Fed’s Bowman: Inflation still uncomfortably high
Federal Reserve (Fed) Board of Governors Michelle Bowman hit newswires on Tuesday, tempering expectations of a near-term rate cut. Fed Governor Bowman noted…
EUR/GBP Price Analysis: Neutral to bearish bias, eyes on crossover
EUR/GBP declined to 0.8525 during Tuesday's session, within an ongoing range-bound movement.
Indicators project conflicting cues but overall suggest a…
JPY: Structurally still weaker – Commerzbank
The JPY has been on a wild ride in recent weeks, gaining over 14% against the US Dollar (USD) in just 18 trading days before retreating about 4% to stabilize…
USD/CAD bounces from 1.3600 as Canada’s annual CPI declines expectedly
USD/CAD recovers from 1.3600 as an expected decline in Canada’s inflation data boosts BoC’s more rate cut hopes.
Canada’s annual headline CPI decelerates to…
US Dollar sinks for third consecutive day with Greenback losing in nearly every cross
The US Dollar posts a third consecutive day of losses, almost erasing all gains for 2024.
The Greenback eased on a mixture of elements as markets wait for…
FORD (F) is still not ready to resume the rally
Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and…
Silver Price Forecast: XAG/USD rallies to near $30 on potential Fed rate cuts in September
Silver price surges to near $30.00 as investors seem confident that the Fed will begin reducing interest rates in September.
Firm Fed rate-cut bets weigh on…
Pound Sterling climbs to near 1.3000 ahead of Jackshon Hole event
The Pound Sterling rises to a fresh monthly high near 1.3000 against the US Dollar ahead of key economic data for both the UK and the US.
Fed Chairman…
Gold rallies to new highs on rising China demand, weaker Dollar
Gold is extending higher to fresh all-time highs on news of increased Chinese demand.
A weaker US Dollar is further propelling the precious metal higher.…