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Forex
EUR/GBP trades with a bearish bias near 0.8550 after German inflation data
EUR/GBP trades in negative territory for the third consecutive day near 0.8560 in Friday’s early European session.
The German HICP inflation came in line…
Japanese Yen recovers losses as BoJ hints at potential further policy tightening
The Japanese Yen appreciates due to a hawkish sentiment surrounding the BoJ.
Japan’s Finance Minister Shunichi Suzuki will continue to monitor market…
EUR/USD holds position above 1.0900 after breaking its losing streak
EUR/USD breaks its three-day losing streak due to improved risk-on mood.
The US Dollar appreciated as Initial Jobless Claims fell to 233K, falling below the…
USD/INR drifts lower as likely RBI intervention helps limit Indian Rupee’s decline
The Indian Rupee trades on a stronger note in Friday’s Asian session.
A deeper Fed rate cut expectation and the potential RBI intervention underpin the…
Gold price consolidates in a range amid mixed cues, bias seems tilted in favor of bulls
Gold price struggles to capitalize on the previous day’s strong rise of nearly 2%.
The upbeat US labor market report underpins the USD and acts as a…
USD/CAD recovers to near 1.3750 ahead of Canadian employment data
USD/CAD edges higher to near 1.3740 in Friday’s early Asian session.
The US Dollar recovery is bolstered by the upbeat US Initial claims last week.
The…
New Zealand Dollar weakens on stronger US Dollar, eyes on Chinese data
The New Zealand Dollar edges lower in Friday’s early Asian session.
A fall in New Zealand’s two-year inflation expectations and a firmer US Dollar weigh on…
EUR/USD cycles near 1.0900 as Fiber traders tread water
EUR/USD printed flat on Thursday as markets recover balance.
Investors are refocusing on rate cut expectations.
EU GDP, US CPI inflation prints due next…
Gold prices advance amid a strong US Dollar and high US yields
Gold price rises past $2,400 figure, brushing aside US Dollar strength and high yields.
US Initial Jobless Claims drop, Continuing Claims hit highest level…
Australian Dollar Price Forecast: Aussie finds demand on RBA’s hawkish signals
AUD/USD extended its recovery, rising near 0.6580.
RBA doubled down on its hawkish rhetoric on Thursday.
Commodity prices are also providing the AUD with…