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Forex
Australian Dollar hold ground as RBA remains hawkish
AUD/USD registered a boost, settling near 0.6600.
RBA maintains its hawkish position, undergirding a strengthened AUD.
Investors to eye upcoming mid-tier…
US Dollar defends its ground ahead of CPI
USD steady course remains unaffected by geopolitical tensions despite the lack of substantial fundamentals.
Fed officials maintain positive projections of…
Gold price surges as US yields drop, geopolitical tensions escalate
Gold surges 1% as US Treasury yields retreat ahead of key CPI data, with the 10-year yield down to 3.902%.
Ongoing tensions in the Middle East, with no…
Dow Jones Industrial Average waffles on quiet Monday
Dow Jones held close to the middle on a thin start to the new trading week.
Equities to remain nervous ahead of key inflation data.
Fresh batch of US PPI…
NZD/USD Price Forecast: Jumps to near three-week high of 0.6030
NZD/USD moves higher to near 0.6030 with a focus on RBNZ monetary policy.
The RBNZ is expected to leave its OCR unchanged at 5.5%.
The next move in the US…
Gold rises on worsening geopolitics and Fed rate cut expectations
Gold continues to edge higher as fears of an escalation of the Gaza conflict and falling interest-rate expectations support the metal.
US inflation data…
Oil rallies over 1% with elevated risk on upcoming OPEC production quota meeting
Oil price jumps higher for a fourth consecutive day on Monday.
Traders send Oil prices higher on trimmed demand outlook from OPEC.
The US Dollar Index…
US Dollar does not move away in easy Monday
The US Dollar is flat to marginally gaining against most major peers.
All eyes are on the US inflation print for July being released on Wednesday.
The US…
AUD/USD establishes short-term uptrend and next targets the 200-period SMA
AUD/USD reversed off the August 5 lows and struck higher, establishing a new uptrend.
The pair could even see further gains up to the 200-period SMA in the…
GBP/USD: Bears to break the support at 1.2710 – UOB Group
The Pound Sterling (GBP) is expected to drift lower; given the mild downward pressure, any decline is unlikely to break the support at 1.2710, and the chance…