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  • admin
  • March 21, 2024
  • Market News

EUR/USD Retreats as Fed-Driven Rally Fades

The EUR/USD whipsawed on Thursday, surrendering earlier gains and falling back to the 1.0850 region. Investor optimism following the Fed’s decision proved short-lived, and mixed European PMI...
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  • admin
  • March 20, 2024
  • Market News

Gold Rallies Post-Fed Decision, Eyes Key Levels

Gold prices (XAU/USD) surged after the Federal Reserve kept interest rates unchanged but revised upward 2025 projections for the Federal Funds Rate (FFR). XAU/USD currently trades around...
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  • admin
  • March 19, 2024
  • Market News

US Dollar Index Hovers Near 104.00 Ahead of Critical Fed Meeting

The US Dollar Index (DXY) fluctuates near 104.00 ahead of Wednesday’s highly-anticipated Federal Reserve (Fed) meeting. Market participants await fresh guidance on the US interest rate trajectory....
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  • admin
  • March 18, 2024
  • Market News

GBP/USD: Pound Sterling Sidelined Ahead of UK Inflation Data and BoE Decision

The Pound Sterling (GBP) trades with limited momentum as investors await fresh guidance from this week’s UK inflation figures and the Bank of England’s (BoE) interest rate...
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  • admin
  • March 15, 2024
  • Market News

GBP/JPY Rises on BoJ Uncertainty, Poised for Weekly Gains

The Pound Sterling (GBP) extends gains against the Japanese Yen (JPY), marking weekly gains as BoJ’s mixed signals on interest rates fuel Yen selling. Key Factors: Technical...
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  • admin
  • March 14, 2024
  • Market News

AUD/USD Edges Higher Ahead of Pivotal US Inflation Data

AUD/USD trades near 0.6600 with a slight upward bias as markets await the release of critical US economic figures, including Producer Price Index (PPI) and Retail Sales....
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  • admin
  • March 12, 2024
  • Market News

Gold Price Falls on Sticky US Inflation, Fed Rate Cut Outlook Shifts

Gold price (XAU/USD) experiences significant selling pressure after hotter-than-expected US Consumer Price Index (CPI) data for February. Sticky inflation reduces the likelihood of early Federal Reserve (Fed)...
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  • admin
  • March 11, 2024
  • Market News

Swiss Franc Edging Lower Despite Initial Risk-Aversion Gains

The Swiss Franc (CHF) is retreating against the US Dollar (USD) after initially benefiting from its safe-haven status amidst risk-off sentiment. Market focus now shifts to upcoming...
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  • admin
  • March 8, 2024
  • Market News

AUD/JPY Retreats Within Long-Term Bullish Trend, Short-Term Rebound Possible

AUD/JPY is currently experiencing a decline, trading at 97.49. Despite short-term bearish pressure, oversold conditions on the hourly chart suggest a potential short-term rebound. Mixed Signals: Daily...
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  • admin
  • March 7, 2024
  • Market News

Gold Hits Record High, Eyes $2,200 as US Dollar Weakens

Gold prices soared to an all-time high of $2,164.78 as central bank easing expectations weakened the US Dollar. The ECB and the Fed hinted at potential rate...
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