Forex
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USD/JPY Price Forecast: 20-day EMA continues to act as key barrier
USD/JPY declines to near 159.00 amid hawkish BoJ expectations. Investors keenly await the US PCE Inflation data for July. The…
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British Pound edges lower below 1.3650 as traders await US PCE release
GBP/USD drifts lower to around 1.3625 in Wednesday’s early European session. Traders brace for the release of US PCE data…
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NZD/USD Price Forecast: Dips below 0.5950, fresh weekly low as USD firms ahead of US PCE
NZD/USD attracts some sellers on Wednesday as the USD strengthens ahead of the PCE data. A combination of factors might…
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Chart of the Day: EURUSD Under Pressure from the Dollar. Bessent, PCE and Jackson Hole to Determine the Next Direction
Tuesday’s EURUSD session is seeing the dollar strengthen slightly, but the situation in the foreign exchange market remains much more…
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Australian Dollar remains steady following RBA Meeting Minutes
The RBA remains open to rate hikes if upside inflation risks from oil and data centers materialize. US Treasury Secretary…
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New Zealand Dollar gains as high inflation fuels odds of RBNZ September rate hikes
NZD/USD appreciates as the New Zealand Dollar strengthens on expected RBNZ September interest rate hikes to curb inflation. US Treasury…
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GBP holds range below mid-1.3600s as USD firms amid Fed risks and Iran tensions
GBP/USD struggles to gain any meaningful traction for the second straight day on Tuesday. Inflation-driven Fed hike bets and geopolitical…
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Canadian Dollar remains depressed as firmer USD and trade war counter higher oil prices
USD/CAD attracts some buyers for the second straight day, albeit it lacks bullish conviction. Inflation-driven Fed hike bets and geopolitical…
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EUR/JPY Rises toward 186.00 after rebounding from ascending channel bottom
EUR/JPY could rise toward the upper boundary of the ascending channel around 187.70. With the 14-day Relative Strength Index at…
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Dollar Steadies as US Tightens Iran Sanctions
The dollar index steadied near 99 on Tuesday after gaining some ground in the previous session, supported by safe-haven demand…
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