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Forex
USD/CHF gains momentum as bears take a breather, pair inch towards 0.8830
USD/CHF inches higher to 0.8830 after two sessions of losses.
US PCE figures take a mixed turn, PCE dips to 2.5% YoY.
Dovish bets on the Federal Reserve…
USD/JPY Price Analysis: Bears overtake bulls as pair remains below 154.00
USD/JPY bounces from 14-week low of 151.93, now at 153.73.
Technical outlook shows potential for rally towards 156.00 if resistance is cleared.
Momentum…
Dow Jones Industrial Average recovers ground on Friday
Dow Jones climbed 650 points on Friday in a recovery bid.
September rate cut is still being priced in as a sure thing after US inflation print.
With US PCE…
AUD/JPY Price Analysis: Rebounds slightly, awaits continuation of correction
AUD/JPY shows a minor correction to the upside, landing at 100.70, yet records a losing week.
The short-term bearish trend continues, despite the minor…
GBP/USD chalks in another down week despite late Sterling uptick
GBP/USD failed to make meaningful headway on Friday.
The Pound Sterling has been floundering ahead of next BoE rate call.
BoE set to deliver a…
EUR/USD finds thin Friday gains but still trapped below 1.09
EUR/USD gained a little ground on Friday, but still down for the week.
Market sentiment continues to get lead by Fed rate cut hopes.
Key EU inflation data…
Silver Price Analysis: XAG/USD ends losing streak, still tumbles below $28.00
Silver posts 0.31% gain, finishing the week with over 4% losses.
Technical outlook indicates potential deeper correction if prices drop below $27.00.…
Mexican Peso plunges to two-week low as USD/MXN hovers around 18.50
Mexican Peso trims losses but still set for over 2% weekly decline.
US PCE Price Index signals steady inflation, boosting Fed rate cut expectations.…
Australian Dollar closes a losing week on falling commodity prices and risk-aversion
AUD saw a marginal recovery on Friday but was one of the worst-performing G10 currencies.
Falling commodity prices and Chinese economic woes weighed on the…
NZD/USD Price Analysis: Bears take a breather, yet maintain a clear domination
NZD/USD slightly rebounds, hovering near the 0.5900 mark, but remains under a clear bearish influence.
The pair lost more than 4% in July, underscoring a…