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Markets
Hovers around 1.4100 as bullish bias persists
USD/CAD edges lower after two days of gains, trading around 1.4090 during the early European hours on Friday. The daily chart’s technical setup reflects a persistent bullish bias,…
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GBP/USD edges higher to near 1.3090 early European session
GBP/USD Price Forecast: Holds gains near 1.3100, but bearish momentum persists below 100-day EMAThe GBP/USD pair strengthens to around 1.3090 during the early European session on…
USD/CHF corrects to near 0.8040 as US Dollar’s rally hits pause
The USD/CHF pair retraces to near 0.8040 during the late Asian trading session on Friday from its weekly high of 0.8078 posted the previous day. The Swiss Franc pair struggles to…
Japanese Yen remains on the front foot amid intervention fears
The Japanese Yen (JPY) sticks to modest intraday recovery gains against its American counterpart through the Asian session on Friday, though any meaningful appreciation seems…
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Australian Dollar holds ground as Australia Manufacturing PMI rises in November
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair gains ground following the preliminary reading of Australia's…
USD/CAD dips below 1.4100 as bullish USD, weak Oil limit losses
The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1.4100…
New Zealand Dollar rebounds to near 0.5600, RBNZ rate cut looms
The NZD/USD pair trades with mild gains near 0.5590 during the early Asian trading hours on Friday. However, the potential upside for the pair might be limited amid the prospect of…
Gold holds steady below $4,100 as Fed rate cut bets fade
Gold price (XAU/USD) holds steady near $4,080 during the early Asian session on Friday. The upside for the precious metal might be limited as strong US jobs data dims Federal…