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Gold Is Rising After News From the Middle East At the close of yesterday's session, the XAU/USD pair rose by 1.36%, showing the largest daily growth in the last month. The price broke through the...
USD/CHF rises rapidly after SNB lowers interest rates to 1.25% Oversold signals favor the bulls; more upside needed for a positive outlook USD/CHF turned swiftly up to test its 200-day simple...
Appetite in Europe was weak yesterday in the absence of American markets. The French CAC40 remained firmly offered near its 200-DMA and fell 0.77%, the European Stoxx 600 index retreated 0.17%, and...
Central bank decisions from the RBA, BOE, and SNB will dominate the forex market this week. Traders should watch for potential volatility, particularly in USD/CHF and AUD/USD pairs. With both pairs...
The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session. In...
All major US indices advanced to fresh intraday ATH yesterday; the S&P 500 and Nasdaq 100 traded in uncharted territory, while the Dow Jones Industrial index hit the 40’000 mark for the...
The Swiss franc is lower on Thursday. Early in the North American session, USD/CHF is trading at 0.9050, up 0.24%. It has been a bumpy year for the Swiss franc, which is down 7.7% against the US...
Following SNB being the first one to cut rates, the CHF has experienced a strong decline across the board in the last week or so. This environment has contributed to the USD/CHF pair breaking a...
The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven...
Fed remains on course for 3 interest rate cuts this year. Meanwhile, SNB has surprised the market with an interest rate cut. And, the Bank of England won't rush a pivot. In 2024, invest like the big...
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