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Gold Continues to Move Sideways as Investors Await Critical Inflation DataIn the absence of any major macroeconomic reports from the US, the gold (XAU) price continued to rise on Tuesday, gaining...
The euro is showing limited movement on Tuesday. In the North American session, EUR/USD is trading at 1.0866, down 0.15%.Eurozone, German PMIs expected to remain in contractionThe eurozone economy is...
ECB convenes this week, expected to maintain the status quo. Likelihood of US interest rate cuts in March diminishes. Bearish outlook targets 1.08 next for EUR/USD. ...
Gold May Drop Below 2,020 as the Fed Remains HawkishOn Monday, the gold (XAU) price declined as market participants' expectations of a US interest rate cut in March decreased. Robust growth in equity...
Investors and traders will finally get some fresh clues on the future path of interest rates in two major economies— Canada, and the Eurozone. All two central banks are expected to keep the...
The euro is showing little movement on Monday. In the North American session, EUR/USD is trading at 1.0890, down 0.07%.Will ECB Pause Again?The European Common Bank meets on Thursday for the first...
US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...
Bank of Japan to make announcement on Tuesday The Japanese yen is in a holding pattern on Monday as the Bank of Japan holds a two-day meeting today and Tuesday. In the European session, EUR/USD is...
EURUSD had been rangebound before sliding lowerBut the retreat ceases at the 200-day SMAMomentum indicators remain tilted to the downsideEURUSD had been trading sideways since the beginning of the...
As the third week of January unfolds, the EUR/USD pair remains in a state of uncertainty, oscillating around the 1.0963 mark.Investor attention is largely fixated on the Federal Reserve's interest...
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