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GBP/JPY rises as a result of a mixture of higher-than-expected UK data and lower safe-haven flows into JPY. UK inflation data beat expectations, increasing bets the Bank of England will…
Rupee recovers from all-time low to settle 6 paise higher at 84.40 against US dollar Deccan Herald Source link
Financial market action was as mixed as a bag of nuts this week, as some asset classes like bitcoin were still riding the post-election high while others like crude oil…
EUR/USD extended further its march north and approached 1.0900. The US Dollar kept its price action subdued amidst lower US yields. Inflation in the broader euro bloc remained sticky in…
India’s forex reserves position estimated at $688.27 billion The Hindu Source link
Cable has just halted a downswing around a potential technical support zone. Will GBP/USD find enough demand at the level to extend a long-term trend? We’re checkin’ out the daily…
EUR/USD returned to its bearish ways on Friday. A broad upswing in the Dollar Index continues to pummel the Euro. Coming up next week: DST, EU CPI, US PCEPI, and…
Nigeria Is Finally Letting Binance Executive out of Jail FX Leaders Source link
WTI crude oil bulls seem ready to charge once again, as the energy commodity found support at the bottom of a newly-forming triangle pattern. Can it go further north from…
EUR/GBP remains range-bound, displaying a sideways trend since Monday. Buying pressure has shown signs of recovery, but momentum remains weak. With the pair below the 20-day SMA, the short-term outlook…
Gold Falls $20 From New Highs, After Gradual FED Cuts Comments FX Leaders Source link
USD/CAD gains ground to around 1.3795 in Friday’s early Asian session. The US Retail Sales rose by 0.4% MoM in September vs. 0.1% prior, stronger than expected. The rising expectation…
NZD/USD sinks as disinflation trend adds to case for RBNZ jumbo rate cut FOREX.com Source link
Is Netflix about to continue its bullish climb, or are the bears preparing for a pullback? With NFLX earnings right around the corner, we’re now approaching key technical levels that…
Gold gains 1% on Friday, set to end the week with 0.20% gains. US PPI data was slightly above expectations, suggesting inflation is down but stalling above target, while UoM…
Forex: J$159.16 to one US dollar Jamaica Observer Source link
Are crude oil bears about to stay in the game for much longer? A look at the energy commodity’s daily time frame shows a large descending triangle pattern that’s been…
Gold declined as Fed Minutes revealed a “substantial majority” backed a 50 bps cut, while some preferred 25 bps. CME FedWatch Tool shows lower odds of a 25 bps cut,…
AUD/USD down a fifth day, US yields extend post-NFP rally FOREX.com Source link
This week our currency strategists focused on the Euro area CPI update and the U.S. Manufacturing PMI update for potential high-quality setups. Out of the four scenario/price outlook discussions this…