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Forex
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…
AUD/JPY Price Analysis: Bears remain in control, despite Tuesday’s rally
The AUD/JPY bears remain in control despite Tuesday's gap-up.
The pair gained significant ground but faced firm resistance at 94.50.
The RSI and MACD…
Australian Dollar sees a slight increase post-RBA decision
AUD got some momentum after RBA’s hawkish hold.
Governor Lowe confirmed that the bank has no rush on rate cuts.
Markets are now pricing in a 25 bps cut by…
US Dollar gains ground on Tuesday, markets await directions
After a shaky Monday, the USD recovered, and Tuesday is unlikely to see much movement.
Amid renewed market sentiment, US Dollar (DXY) gains and remains near…
Dow Jones Industrial Average tries to find a rally
The Dow Jones is looking for a foothold after a broad-market downturn.
Equities are widely higher on Tuesday, but still at the bottom of a long hole.…
US Dollar gives back part of its gains and sees recovery halting
The US Dollar is recovering from Monday’s meltdown and advances against the Japanese Yen.
Overnight, the RBA confirmed the Fed’s stance that a few data…
Gold price skids below $2,400 as US Dollar and bond yields rebound
Gold price hovers below $2,400 but the near-term bias remains bullish on multiple tailwinds.
The Fed is expected to cut interest rates by more than 100 bps…
AUD/USD edges higher to near 0.6500 in the aftermath of RBA policy meeting
AUD/USD rises slightly to near 0.6500 as the RBA delivers a hawkish interest rate guidance.
The near-term outlook of the US Dollar remains uncertain on firm…
GBP/USD: A retest of 1.2610/15 looks likely – Scotiabank
UK Construction PMI data rose strongly in July, reaching 55.3, from 52.2 in June, Scotiabank’s FX strategist Shaun Osborne notes.
Bears push to test the…