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Forex
Buying exhaustion in Copper is now imminent – TDS
We expect notable CTA buying activity in Copper markets this session to set the stage for subsequent buying exhaustion, TDS senior commodity strategist Daniel…
The setup in Gold markets is tactically bearish – TDS
Gold (XAU/USD) prices remain near all-time highs, but the associated narratives are stale, TDS senior commodity strategist Daniel Ghali notes.
Risk of a…
US Retail Sales rise 1% in July vs. 0.3% expected
Retail Sales in the US increased more than expected in July.
The US Dollar Index stays in positive territory above 103.00.
Retail Sales in the US rose 1%…
Pound Sterling rises on UK economic resilience, firm Fed rate-cut bets
The Pound Sterling moves higher as the UK's GDP growth for the second quarter was in line with estimates.
Easing UK service inflation has resulted in a big…
Euro Stoxx 50 index Elliott Wave technical analysis [Video]
Euro Stoxx 50 Elliott Wave Analysis Trading Lounge Day Chart.
Euro Stoxx 50 Elliott Wave technical analysis
Function: Trend.
Mode: Impulsive.…
NZD/USD: Bears to test 0.5975 before stabilisation is likely – UOB Group
Room for the New Zealand Dollar (NZD) to decline to 0.5975 before stabilisation is likely. And, overall, it is likely to trade between 0.5935 and 0.6080 for…
GBP/USD: A break above 1.2855 is imminent – UOB Group
The Pound Sterling (GBP) is expected to trade sideways between 1.2780 and 1.2855. Instead of trading in a range, GBP is likely to rebound further, potentially…
Japanese Yen remains stronger as US Dollar remains tepid ahead of key economic data
The Japanese Yen edges higher due to rising odds of the BoJ adopting a hawkish stance amid upbeat GDP data.
Japan's Gross Domestic Product increased by…
EUR/GBP trades with mild losses below 0.8600 as UK economy expands 0.6% QoQ in Q2
EUR/GBP edges lower to around 0.8565 in Thursday’s early European session.
UK preliminary GDP expanded 0.6% QoQ in Q2 vs. 0.6% expected.
The ECB is…
Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 22,001.03 Pakistani Rupees (PKR) per…