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Will the UK GDP-Led Bounce in the British Pound Last? GBP/USD, EUR/GBP, GBP/AUD
British Pound Vs US Dollar, Euro, Australian Dollar – Price Setups:GBP post-UK GDP gains could prove to be short-lived.EUR/GBP is testing key resistance; GBP/AUD is nearing vital support.What is the outlook and key levels to watch in…
Trades with mild negative bias, dip-buying should help limit deeper losses
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USD/MXN remains depressed for the third successive day on Monday.
The mixed technical setup…
China’s PMI Mixed, BOJ Minutes Well-Received by Nikkei
The softening in US August core PCE inflation (3.9% YoY vs previous 4.3%, 0.1% MoM vs previous 0.2%) failed to drive a sustained rebound in Wall Street last Friday, as Treasury yields stayed firm despite some paring in rate hike bets.…
Australian Dollar attempts to continue the winning streak, RBA policy decision eyed
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Australian Dollar holds ground ahead of the RBA interest rates decision on Tuesday.
Australia’s TD…
Gold Prices Collapse the Most Since June 2021 Last Week, Retail Bets Aggressively Long
Gold, Retail Trader Positioning, Technical Analysis – IGCS UpdateGold prices fell the most last week since June 2021And now, 85% of retail traders (IGCS) are net-longOverall, things are not looking great for XAU/USD
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Keeping SPY bulls in check
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S&P 500 ran higher on BoJ unannounced bond purchases and core PCE better by 0.1% in yet another…
US Dollar, Euro, British Pound, Gold, Crude Oil, Stocks
Recommended by Daniel Dubrovsky
Get Your Free USD Forecast
The US Dollar broadly outperformed against its major counterparts in the third quarter of 2023. Relatively speaking, it performed the best against…
NZD/USD ascends as greenback retreats on risk-appetite, sliding US yields
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NZD/USD hovers around the 0.6000 mark, benefiting from a softer Greenback as US Treasury bond yields…
XAG/USD tumbles over 5% as Silver whipsaws for Friday
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XAG/USD fell $1.28 during the US trading session, backsliding into $22.30.
Bulls failed to…
GBP/JPY churns on Friday, trying to hang onto 182.00
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The GBP/JPY sees up-and-down action to cap off the trading week.
Japan inflation continues to…