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By Daniela Sabin Hathorn, senior market analyst at Capital.comThe US economy grew 1.6% in the first quarter of 2024. The actual figure was lower than the estimates of 2.5%, which caused some...
USDJPY trades at its highest level since April 1990Momentum indicators flag extremely overbought conditionsFor now, Japanese authorities seem reluctant to interveneUSDJPY has been in a steady uptrend...
The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen rebound in equity markets at the start of this week with investors pricing...
The week started on a hopeful note after the de-escalation of tensions between Israel and Iran. Gold shortly fell below $2300 per ounce in Asia. Brent dipped below the $86pb level, as US crude tested...
The US dollar has rallied recently and is now consolidating gains. Geopolitical tensions and hawkish Fed comments are fueling the rise of the US dollar against major currencies like the euro and...
The Japanese yen showed some promise earlier, gaining as much as 0.48% against the US dollar as it rose to 153.59. However, it has pared those gains and is trading in Europe at 154.58, down...
Gold’s huge-volume reversal is definitely THE news that got the spotlight last week. What does it mean?Gold’s Final Top?It most likely means that “this is it”. This was the...
· Will UK CPI data drive cable even lower? · USDJPY still skyrockets ahead of Japanese CPI...
The 6J is the Chicago Mercantile Exchange contract for the JPY futures. We have been in a bearish wedge and probing pretty key support. Our listeners of our daily show have asked our team how close we...
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