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The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but...
Gold Rises on Mixed US Economic Data Gold (XAU/USD) rose by 0.26% on Tuesday after US macroeconomic reports revealed mixed data. The Conference Board's US Consumer Confidence Index reached a...
The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.1179 at the time of writing, up 0.16% on the day. The euro has been on a tear against the...
Gold Price Remains Elevated Amid Rising Tensions and Rate Cut Hopes The gold (XAU/USD) price rose 0.19% yesterday and continued to trade near all-time highs as safe-haven demand increased due to...
The euro is in negative territory on Monday. In the European session, EUR/USD is trading at 1.1156 at the time of writing, down 0.32% on the day. The euro posted strong gains on Friday, rising 0.73%...
Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
Powell says the time has come for rate cuts, pushing yields and the dollar lower But cautious rally in stock earnings, and inflation data awaited Oil jumps amid fresh escalation between Israel and...
EUR/USD returns to positive trend after Powell confirms dovish policy adjustment Technical signals reflect weakening positive bias; next resistance could be at 1.1240-1.1274 EUR/USD has had a great...
Gold Hovers Near Record Highs After Dovish Powell's Comments Gold (XAU/USD) traded close to record levels after Federal Reserve (Fed) Chair Jerome Powell's dovish comments at the Jackson Hole...
Last Week, Fed Chair Powell signaled policy adjustments, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new...
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