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Forex
NZD/USD clings to upbeat jobs data-inspired gains to over two-week high, around 0.6000
NZD/USD catches aggressive bids in reaction to the upbeat employment details.
The momentum gets an additional boost after the release of Chinese trade data.…
Exxon Mobil (XOM): Strategic buy during the next market dip
ExxonMobil reported Q2 2024 earnings of $9.2 billion, marking the second-highest Q2 earnings of the past decade.
Record production from the Permian…
Pound Sterling Price News and Forecast: GBP/USD retraces its recent losses around 1.2710
GBP/USD moves above 1.2700 due to rising odds of a Fed rate cut in September
GBP/USD retraces its recent losses, trading around 1.2710 during the Asian…
Silver Price Analysis: XAG/USD retakes $27.00 mark, upside potential seems limited
Silver gains some positive traction on Wednesday, albeit it lacks follow-through.
The setup supports prospects for the emergence of fresh selling at higher…
GBP/JPY spikes after dovish remarks by BoJ’s Uchida, struggles to hold above 187.00 mark
GBP/JPY rallies over 400 pips intraday after BoJ Deputy Governor Uchida’s remarks.
A positive risk tone further undermines the safe-haven JPY and remains…
WTI recovers to near $72.50 as fear of wider Middle East conflict spurs buying
WTI price rebounds near $72.50 in Wednesday’s early Asian session.
Fear of a wider Middle East war might cap the WTI’s downside in the near term.
Worries…
NZD/USD gathers strength above 0.5950 after better-than-expected New Zealand employment data
NZD/USD gains momentum around 0.5980 in Wednesday’s early Asian session, gaining 0.54% on the day.
New Zealand’s Unemployment Rate ticked higher to the…
RBA’s Hunter: Economy running bit hotter than RBA thought previously
Reserve Bank of Australia (RBA) Chief Economist Sarah Hunter said on Wednesday that the Australian economy is running a bit hotter than RBA thought previously.…
Gold falls almost 1% amid strong US Dollar, high yields
Gold price dips below $2,400, trading at $2,389, extending losses for the second consecutive day.
Rising US Treasury yields and a stronger US Dollar weigh…
Mexican Peso’s losing streak persists, weakens over 1%
Mexican Peso trades near lows of the day, USD/MXN above 19.50.
Weak Mexican auto production and export data highlight economic slowdown, influencing market…