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  • admin
  • June 18, 2024
  • Market News

US Dollar Dips on Weaker Retail Sales, Fed Rhetoric Hints at Patience

The US Dollar Index (DXY) experienced a pullback on Tuesday, settling at 105.30, as markets reacted to a combination of softer-than-expected Retail Sales data and cautious remarks...
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  • admin
  • June 17, 2024
  • Market News

Silver Price Analysis: Retracement Within a Potential Downtrend

Silver (XAG/USD) experienced a slight dip on Monday, trading around $29.40, but has shown some recovery since its June 13th low of $28.66. Despite this recent bounce,...
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  • admin
  • June 14, 2024
  • Market News

Australian Dollar Retreats Despite Strong Labor Data, Eyes RBA Decision

The Australian Dollar (AUD) continued its downward slide against the US Dollar (USD) on Friday, despite earlier optimism fueled by robust labor market figures. The US Dollar’s...
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  • admin
  • June 13, 2024
  • Market News

NZD/USD Price Analysis: Kiwi Stalls Near 0.6220, Consolidation Persists

The NZD/USD pair’s upward momentum has hit a snag near the 0.6220 resistance level, after briefly touching 0.6217. The pair is currently consolidating around 0.6170, with bulls...
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  • admin
  • June 12, 2024
  • Market News

US Dollar Tumbles as Cooling US Inflation Fuels Fed Rate Cut Anticipation

The US Dollar (USD) experienced a sharp decline on Wednesday following the release of cooler-than-expected US Consumer Price Index (CPI) data. The headline inflation rate fell to...
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  • admin
  • June 11, 2024
  • Market News

Mexican Peso Plunges as Judiciary Reform Fears Intensify

The Mexican Peso extended its decline on Tuesday, tumbling further after virtual President-Elect Claudia Sheinbaum’s Monday press conference reaffirmed her commitment to the controversial judiciary reform. This...
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  • admin
  • June 10, 2024
  • Market News

Canadian Dollar Steady as Markets Await Key US Inflation and Fed Decisions

The Canadian Dollar (CAD) kicked off the trading week with a flat performance against the US Dollar (USD), mirroring the lack of momentum in the broader currency...
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  • admin
  • June 7, 2024
  • Market News

EUR/USD Plunges as Strong US NFP Report Boosts US Dollar

The EUR/USD pair experienced a sharp decline to 1.0820 on Friday, as the latest US Nonfarm Payrolls (NFP) report revealed stronger-than-expected labor demand and wage growth. The...
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  • admin
  • June 6, 2024
  • Market News

Gold Prices Surge as US Treasury Yields Fall Amid Weaker Jobs Data

Gold prices reached a two-week high of $2,378 on Thursday, driven by weaker-than-expected US jobs data that kept US Treasury bond yields steady. The XAU/USD pair currently...
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  • admin
  • June 5, 2024
  • Market News

US Dollar Inches Higher as ISM Data Counters JOLTS Report

The US Dollar (USD) has seen a modest two-day gain, despite the US Dollar Index (DXY) still showing a weekly decline following Monday’s significant drop. While the...
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Recent Posts

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November 15, 2024 Gold Prices Steady Amid Strong US Retail Sales and Fed Signals
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November 14, 2024 EUR/USD Declines to Fresh Annual Lows Amid Strong US Dollar and Euro Weakness
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November 13, 2024 Silver Price Forecast: XAG/USD Faces Resistance Near $31.00 Amid Sticky US Inflation

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