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  • admin
  • May 7, 2024
  • Market News

US Dollar Stalls Amid Geopolitical Tensions and Mixed Data

The US Dollar (USD) is trading flat on Tuesday as the US trading session gets underway. This follows a similar pattern from Monday, reflecting a cautious market...
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  • admin
  • May 6, 2024
  • Market News

Australian Dollar Gains Momentum on Weak US Data and RBA Uncertainty

The Australian Dollar (AUD) strengthened against the US Dollar (USD) on Monday, currently trading in the 0.6620s. This rise comes after the release of disappointing US economic...
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  • admin
  • May 3, 2024
  • Market News

Japanese Yen Rally Stalls as US Dollar Buyers Emerge

The Japanese Yen (JPY) rally against the US Dollar (USD) appears to be losing momentum. Technical Analysis: Potential Rebound for USD/JPY?
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  • admin
  • May 2, 2024
  • Market News

Japanese Yen Recovers Slightly on Intervention Rumors

The Japanese Yen (JPY) trimmed some of its losses against the US Dollar (USD) on Thursday, although it remains below a two-week high. Technical Analysis: USD/JPY Faces...
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  • admin
  • May 1, 2024
  • Market News

US Dollar Awaits Fed Decision After Mixed Data

The US Dollar Index (DXY) dipped slightly on Wednesday, currently trading at 106.2, ahead of the crucial Federal Open Market Committee (FOMC) meeting. Mixed US Data Offers...
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  • admin
  • April 30, 2024
  • Market News

Gold Loses Shine as US Data Fuels Rate Hike Concerns

Gold Loses Shine as US Data Fuels Rate Hike Concerns The price of gold (XAU/USD) dipped below $2,300 on Tuesday, pressured by a combination of factors: Gold...
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  • admin
  • April 29, 2024
  • Market News

Loonie Loses Luster as Fed Decision Approaches

The Canadian Dollar (CAD) surrendered some of its recent gains on Monday, trading mostly lower against its major peers. Light trading conditions prevailed as the market awaits...
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  • admin
  • April 26, 2024
  • Market News

Silver Price Retreats on US Inflation, But Upward Bias Intact

Silver price (XAG/USD) experiences a pullback after hitting a daily high of $27.73. This dip is largely attributed to a stronger US Dollar following warmer-than-expected US inflation...
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  • admin
  • April 25, 2024
  • Market News

AUD/JPY Maintains Bullish Bias, Short-Term Correction Possible

AUD/JPY displays strong bullish momentum, currently trading near 101.39 after a solid 0.54% rally. While bullish forces are dominant, signals on shorter timeframes suggest a temporary downward...
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  • admin
  • April 24, 2024
  • Market News

Mexican Peso Weakens on Mixed Inflation Data, USD/MXN Shifts Focus

The Mexican Peso (MXN) depreciates following the release of mid-month April inflation data. While headline inflation exceeded expectations, a deceleration in core CPI tempers the initial reaction,...
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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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