Forex News
Latest news from Forex market.
EUR/USD Price Prediction: Fragile Politics Keep Euro Under Pressure
EUR/USD trades near 1.1620, quiet on the surface, but pressure is building beneath. A breakout may arrive sooner than expected.
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Another day where both gold and the dollar are standing out
As mentioned earlier this week, the correlation is not one that you'd typically see but the developments this week is making for that. Amid political uncertainties in Japan and France, adding to the selloff in their respective bond markets, it is helping to benefit the dollar as the yen and euro struggle.
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Morning Bid: Gold at $4K - Be afraid, be very afraid
To say spot gold has been on a tear would be an understatement.
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GBP/USD Weakens – Is The Pair Entering A New Downtrend Phase?
The British Pound attempted a recovery wave above 1.3450 against the US Dollar. GBP/USD seems to be struggling to settle above 1.3500 and 1.3525.
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investingLive Asia-Pacific FX news wrap: Gold up, yen down, RBNZ cut. Same old.
The standout news of the session was the Reserve Bank of New Zealand's surprise 50-basis-point rate cut to 2.50%, a three-year low. Markets had expected a 25-bp move.
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Gold (XAUUSD) Surge on Fed Rate Cut Hopes and Global Uncertainty, Silver Near Breakout Zone
Gold extends its rally on safe-haven demand and Fed rate cut expectations, silver consolidates near resistance amid bullish momentum, while the U.S. Dollar Index rebounds from long-term support.
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NZD/USD plunges after dovish RBNZ cut; Break below 0.5686 may accelerate losses
NZD/USD tumbled sharply after the RBNZ's 50bps rate cut to 2.50%, with policymakers retaining an easing bias that signaled scope for further reductions ahead. The policy shift reignited downside momentum in NZD/USD, which broke through 0.5753 support, signaling a renewed leg lower in the ongoing decline from 0.6119.
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USD/JPY hits 152.50, relentless yen selling
USD/JPY has traded to just over 152.50. The yen has been selling off ever since the weekend election result: investingLive Asia-Pacific FX news wrap: JPY the big loser, Nikkei winner on Takaichi win USD/JPY is hitting highs not seen since the middle of February.
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Japanese Yen and Aussie Dollar Forecasts: USD/JPY Hits 152 as Wage Growth Slows
Japan's slowing wage growth clouds BoJ outlook as USD/JPY hits 152. Focus shifts to Fed speakers, US shutdown, and RBA's next policy signals.
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USDJPY Wave Analysis
USDJPY currency pair recently broke above the key resistance level 151.00 (former strong resistance from July, which stopped the previous impulse wave 1).
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AUD/USD, NZD/USD and AUD/NZD Outlook Ahead of RBNZ Decision
The US dollar was the strongest FX major on Tuesday as the government shutdown dragged on. While the lack of incoming data has helped the greenback find support, there will surely come a point where prolonged inaction could turn USD-bearish if it continues.
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Trading Day: A 'melt up' time out (except gold)
Making sense of the forces driving global markets.
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Danske Bank Euro to Dollar Forecast: EUR/USD at 1.23 in 12 Months
The Euro has been subjected to renewed selling pressure amid another chapter in the on-going French political crisis with the Euro to Dollar (EUR/USD) exchange rate sliding to around 1.1660. On a near-term view, Danske Bank considers that the dollar outlook is relatively balanced.
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Gold (XAU/USD) Price Forecast: Ignites Fresh Highs as Uptrend Gains Steam
Gold bulls charged to historic highs again, closing in on the $4,000 milestone. As euphoria builds, seasoned traders are on the watch for any early signs of weakening.
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Pound to Dollar News, Forecast: GBP Slips as Risk-Off Mood Boosts the USD
The Pound to US Dollar (GBP/USD) exchange rate slipped on Tuesday as a cautious market mood drove investors towards safe-haven assets like the US Dollar. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.34192 (-0.48%)Euro to Dollar (EUR/USD): 1.16526 (-0.48%)Dollar to Japanese Yen (USD/JPY): 151.9845 (+1.07%) DAILY RECAP:.
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Pound to Canadian Dollar Forecast: GBP Slips as Stronger USD Lifts the CAD
The Pound to Canadian Dollar exchange rate (GBP/CAD) drifted lower on Tuesday as a firmer US Dollar helped lift the ‘Loonie', despite a fall in oil prices. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87275 (-0.41%)Euro to Canadian Dollar (EUR/CAD): 1.62621 (-0.41%)Dollar to Canadian Dollar (USD/CAD): 1.39558.
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Pound to Euro Forecast: EUR Flat as Macron Battles to Avoid Fresh Elections
The Pound to Euro exchange rate (GBP/EUR) held steady on Tuesday as investors monitored efforts by French President Emmanuel Macron to prevent the collapse of his government. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.15179 (+0.02%)Pound to Dollar (GBP/USD): 1.34214 (-0.46%)Euro to Dollar (EUR/USD): 1.16526 (-0.48%) DAILY.
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Gold (XAUUSD), Silver, Platinum Forecasts – Spot Gold Is Heading Towards $4000
FOMO trade provides significant support to gold markets.
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USD/JPY Outlook: The Yen Weakens Amid Fiscal Uncertainty Under the New Government
It has been a challenging period for the Japanese yen in the short term. The USD/JPY pair has extended its four-day winning streak, gaining over 2.7%, reflecting the yen's continued weakness against the U.S. dollar.
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U.S. Dollar Tests Weekly Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Euro's weakness fuels demand for the American currency.
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