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  • admin
  • April 4, 2024
  • Market News

Canadian Dollar Rallies Further on Higher US Jobless Claims

The Canadian Dollar (CAD) extends its gains for the second straight day on Thursday. Disappointing US jobless claims data, fueling hopes for potential June Fed rate cuts,...
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  • admin
  • April 3, 2024
  • Market News

EUR/USD Surges to Weekly Highs at 1.0835 on Weak US Data

The Euro (EUR) experienced a dramatic recovery during Wednesday’s US trading session, gaining nearly 60 pips following the release of disappointing US services sector data. This eased...
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  • admin
  • April 2, 2024
  • Market News

Gold Soars to New Record Highs Amid Geopolitical Tensions and Robust US Yields

Gold prices surged to unprecedented levels, reaching an all-time high of $2,276 late in the North American session, fueled by escalating geopolitical risks and rising US Treasury...
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  • admin
  • April 1, 2024
  • Market News

NZD/USD Bears in Control, Short-Term Bullish Reversal Possible

The NZD/USD pair trades at 0.5950, registering a 0.50% decline. While bears retain short-term dominance, signs of a potential bullish reversal are starting to emerge. Daily Chart:...
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  • admin
  • March 29, 2024
  • Market News

US Dollar Consolidates Weekly Gains Ahead of Powell Speech

The US Dollar (USD) maintains its recent gains on Good Friday, a bank holiday with reduced trading activity in Europe and the US. The market has seen...
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  • admin
  • March 28, 2024
  • Market News

GBP/JPY Consolidates Near 191.00 Amid Thin Market Activity

The GBP/JPY pair exhibited minimal movement on Thursday, hovering near 191.00 during low liquidity conditions as Friday’s Asian session commences. Despite a positive first quarter for the...
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  • admin
  • March 27, 2024
  • Market News

USD/JPY Retreats as Japan Intervention Fears Mount

The USD/JPY pair plummeted from near 152.00 highs in late Wednesday trading as expectations of intervention by Japanese authorities escalate. The sudden decline follows reports of an...
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  • admin
  • March 26, 2024
  • Market News

NZD/JPY: Bears in Control, But Bullish Reversal May Be Brewing

The NZD/JPY pair edged slightly higher during Tuesday’s session, reaching 91.05 and posting a modest 0.15% gain. While bears maintain short-term dominance, a bullish reversal could be...
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  • admin
  • March 25, 2024
  • Market News

GBP/USD Rises on Fed Rate Cut Expectations

The Pound Sterling (GBP) gained against the US Dollar (USD) amid renewed speculation of a potential Federal Reserve rate cut in June, lifting GBP/USD to 1.2639. Mixed...
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  • admin
  • March 22, 2024
  • Market News

USD/JPY Forms Bearish Pattern at Key Highs, Suggesting Short-Term Pullback Risk

USD/JPY has formed a bearish Hanging Man candlestick pattern at multi-year highs near 151.000, indicating an increased likelihood of a short-term reversal and pullback. Key Factors: Bullish...
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