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  • admin
  • December 20, 2023
  • Market News

The US Dollar hits new mid-term lows approaching 1.3300

The Greenback keeps heading south against its Canadian counterpart on Wednesday reaching fresh multi-month lows below 1.3330. Hopes of Fed cuts in early 2024 and a stronger...
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  • admin
  • December 19, 2023
  • Market News

USD/JPY broader trend remains bearish while below 145.00

The Japanese Yen is diving across the board in Tuesday´s European session, hammered by a dovish BoJ monetary policy statement. This has boosted the USD/JPY about 1.25%...
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  • admin
  • December 18, 2023
  • Market News

The Euro maintains a moderate bid tone on Monday

The Euro keeps moving within a narrow range above 1.0900, little moved by the unexpected deterioration of the German IFO Business Climate Index. Data released by the...
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  • admin
  • December 15, 2023
  • Market News

The Dollar remains on the defensive, capped below 0.8700

The US Dollar’s attempt to bounce up from multi-month lows remains capped below the 0.8700 mark. The pair’s bearish momentum remains intact with the market awaiting the...
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  • admin
  • December 14, 2023
  • Market News

The US Dollar Index trades near November’s low around 102.50

The US Dollar (USD) underwent a very harsh correction on Wednesday during the speech from US Federal Reserve (Fed) Chairman Jerome Powell. Markets disregarded all the remarks...
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  • admin
  • December 13, 2023
  • Market News

The XAG/USD hovers near the $22.70 level, experiencing 0.70% losses

In Wednesday’s trading session, Silver’s price (XAG/USD) recorded 0.70% losses, currently hovering around the $22.70 level. This decline comes ahead of the decision by the Federal Reserve,...
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  • admin
  • December 12, 2023
  • Market News

EUR/USD’s immediate trend remains bearish while below 1.0815

The Euro spiked higher but ended up turning lower with US yields bouncing up, pushing the US Dollar a tad higher after US CPI data met expectations....
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  • admin
  • December 11, 2023
  • Market News

Gold is under increasing bearish pressure after breaching the $2,000 level

Gold prices (XAU/USD) have opened the week in the same bearish tone seen at the end of the previous one. Friday’s upbeat US Nonfarm Payrolls (NFP) report,...
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  • admin
  • December 8, 2023
  • Market News

The Euro is looking for a direction below 0.8590

The euro is trading sideways for the fifth consecutive day on Friday, with price action trapped within the upper range of 0.8500. The market is showing hesitation,...
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  • admin
  • December 7, 2023
  • Market News

Gold appreciates as bets of rate cuts in early 2024

Gold price (XAU/USD) keeps a mild buying tone in Thursday’s early European session, with price action approaching the top of the last few days’ trading range. Investors...
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