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  • admin
  • April 23, 2024
  • Market News

GBP/JPY Climbs on Upbeat UK PMI, Eyes Tokyo CPI and BoJ Decision

The GBP/JPY pair extended gains towards 192.80, fueled by an unexpectedly strong UK Services PMI reading and anticipation surrounding the upcoming Japanese economic releases. Key Factors: Technical...
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  • admin
  • April 22, 2024
  • Market News

US Dollar Pauses After Data Beats, Focus on PCE and Yields

The US Dollar trades steady on Monday following a weekend without escalation in the Israel-Iran conflict, boosting risk sentiment and easing safe-haven demand. Key Factors: Technical Analysis:
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  • admin
  • April 19, 2024
  • Market News

Canadian Dollar Rebounds on Easing Geopolitical Concerns, Softer USD

The Canadian Dollar (CAD) extends its recovery for the third straight session, supported by a softer US Dollar and easing geopolitical tensions in the Middle East. Key...
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  • admin
  • April 18, 2024
  • Market News

NZD/USD Recovery Stalls as USD Rebounds, Middle East Tensions Rise

The NZD/USD pair’s recovery falters near 0.5920 as the US Dollar rebounds on renewed inflation concerns and escalating geopolitical tensions. Key Factors: Technical Analysis:
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  • admin
  • April 17, 2024
  • Market News

Pound Sterling Rebounds on Slower-Than-Expected UK Inflation Decline

The Pound Sterling (GBP) bounced back strongly after the UK’s March Consumer Price Index (CPI) showed a slower-than-expected decline, despite easing from February levels. This suggests that...
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  • admin
  • April 16, 2024
  • Market News

AUD/USD Falls Towards 0.6400 as Fed Rate Cut Expectations Fade

The AUD/USD pair is slumping towards the 0.6400 support level early Tuesday, extending losses for the third session. Escalating Middle East tensions and the diminishing likelihood of...
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  • admin
  • April 15, 2024
  • Market News

EUR/USD Declines as Strong US Retail Sales Boost Dollar

EUR/USD is falling towards 1.0600 early Monday as robust March US Retail Sales data bolsters the US Dollar. This key economic indicator exceeded expectations with 0.7% growth,...
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  • admin
  • April 9, 2024
  • Market News

GBP/USD: Pound Sterling (GBP) Gains on Upbeat Sentiment, Eyes US Inflation

The Pound Sterling (GBP) advances against the US Dollar early Tuesday on positive market sentiment ahead of Wednesday’s crucial US Consumer Price Index (CPI) release. Market participants...
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  • admin
  • April 8, 2024
  • Market News

USD/CAD Retests 1.3600 Ahead of US CPI Data

The USD/CAD pair retreated to the 1.3600 support level early Monday as the US Dollar remains subdued despite diminished expectations for a June Federal Reserve (Fed) rate...
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  • admin
  • April 5, 2024
  • Market News

Pound Sterling Slides After Strong US Jobs Data Boosts USD

The Pound Sterling (GBP) tumbled to 1.2600 on Friday after a robust US Nonfarm Payrolls (NFP) report fueled demand for the US Dollar (USD). US Jobs Data:...
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