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Weak U.S. data from last week led to a drop in the US dollar. At the same time, the Fed's more moderate messaging increased expectations of a September rate cut. The dollar index now faces critical...
US jobs data confirms bets of two Fed rate cuts Dollar slides ahead of Powell testimony, US CPI numbers Euro gaps down as French election results in hung parliament Wall Street at fresh...
EUR/USD advances after violation of restrictive trendline Reclaims both 50- and 200-day SMAs Oscillators suggest that bullish forces are strengthening EUR/USD has been attempting a recovery...
The swaps market slightly raised the likelihood of an August cut in the US (~68% vs. 65%), a September cut (98% vs. 88%) and two cuts this year (98% vs. 80%) over the course of the past...
The UK’s Labour Party is set to win a highly anticipated landslide victory in the general election. Cable is at 1.2780, and the FTSE Futures are pointing at a positive start to the session. With the...
ISM services PMI points to an unexpected contraction in June Treasury yields and dollar take a dive, but Wall Street rallies Pound in bullish mode as UK goes to the polls amid broader risk...
European markets are likely to stay positive today, with US markets on holiday. Investor confidence has been boosted by receding French election fears and a potential Fed rate cut. As DAX breaks...
Gold Rose by Over 1% on Soft US Economic Data Yesterday, XAU/USD broke above the resistance level of 2,340 and gained 1.14% as news and US reports bolstered investor hopes for an imminent interest...
US stocks rally after Chairman Powell’s comments Focus on key US data today ahead of Thursday’s bank holiday Dovish ECB commentary to keep euro under pressure Dollar/yen rally continues US Stocks...
The euro is slightly lower on Tuesday. EUR/USD is trading at 1.0719 in the European session, down 0.19% on the day at the time of writing. The euro hit a two-week high on Monday, rising to 1.0776,...
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