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Markets
EUR/USD weakens below key averages as US Dollar strength caps rebounds
The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on the defensive. At the time of…
Concerned about labor market fragility
Federal Reserve (Fed) Vice Chair Michelle Bowman said that, given the risks, the Fed should not signal a pause in its rate-cutting campaign, in a speech at the New England Economic…
EUR/USD slips to 1.1600 as firm US data dampens Fed easing hopes
EUR/USD drops even though the Dollar pared some of its earlier gains on Friday sparked by solid US economic data releases in the week, which has improved the outlook for the labor…
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Pound Sterling Price News and Forecast:GBP/USD flat near 1.3380 as strong data boosts the US Dollar
GBP/USD flat near 1.3380 as strong data boosts the US DollarThe British Pound (GBP) trades sideways against the US Dollar (USD) on Friday during the North American session, after…
USD/JPY pressured at 158.00 as Yen gains, intervention concerns grow
USD/JPY trades lower around 158.00 on Friday at the time of writing, down 0.40% on the day, as the Japanese Yen (JPY) regains some traction against the US Dollar (USD). The move…
Gold slides below $4,600 as profit-taking grows, Fed cut doubts rise
Gold (XAU/USD) registers losses of over 0.70% on Friday as traders take profits, as in the last two weeks, data in the US has shown the labor market is not as weaker as expected.…
AUD/USD slips as resilient US data dim hopes for early Fed cuts
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Friday, as resilient US economic data and hawkish-leaning Federal Reserve (Fed) rhetoric keep the…
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Inflation is the key to the FX market next week
The US Dollar (USD) lacked directional momentum this week amid geopolitical and local uncertainty. On the one hand, the United States (US) President Donald Trump continued…