Forex News
Latest news from Forex market.
USD/JPY Slides Back To Square One After Failed Breakout
Looking at the 4-hour chart, the pair dipped below a key bullish trend line with support at 155.20. The pair even settled below the 100 simple moving average (red, 4-hour) and the 200 simple moving average (green, 4-hour).
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NZD/USD consolidates amid mixed cues; trades below 0.6050 as traders await US CPI report
NZD/USD consolidates amid mixed cues; trades below 0.6050 as traders await US CPI report
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Metals Market – Gold (XAU/USD) and Silver (XAG/USD) Flash Crash
In Markets, a “fat finger” happens when gigantic liquidation or buy orders happen without any news to back-up the newfound volatility. But as I am about to publish this piece, some news just released.
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Japanese Yen Forecast: USD/JPY Slides as US CPI Report Looms
USD/JPY slides as BoJ rate hike bets rise and US CPI looms. Narrowing US-Japan yield gaps reinforce a bearish outlook toward 150 and 145 support levels.
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Silver Price Forecast: XAG/USD rebounds above $76.50 after sharp drop, eyes on US CPI data
Silver Price Forecast: XAG/USD rebounds above $76.50 after sharp drop, eyes on US CPI data
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PBOC sets USD/CNY reference rate at 6.9398 vs. 6.9457 previous
PBOC sets USD/CNY reference rate at 6.9398 vs. 6.9457 previous
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Japanese Yen bears seem hesitant; USD/JPY remains below 153.00 as traders await US CPI
Japanese Yen bears seem hesitant; USD/JPY remains below 153.00 as traders await US CPI
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EUR/USD holds steady above 1.1850 as markets eye Eurozone GDP, US CPI inflation releases
EUR/USD holds steady above 1.1850 as markets eye Eurozone GDP, US CPI inflation releases
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Gold falls to near $4,900 as selling pressure intensifies
Gold falls to near $4,900 as selling pressure intensifies
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USD/MYR: Ringgit strength seen extending lower – MUFG
USD/MYR: Ringgit strength seen extending lower – MUFG
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GBP/JPY Price Forecast: Slides as risk-off surge boosts the Yen
GBP/JPY Price Forecast: Slides as risk-off surge boosts the Yen
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USD/JPY sinks back below 153.00 as undaunted Yen continues to climb
USD/JPY sinks back below 153.00 as undaunted Yen continues to climb
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USD/KRW: Downside risks build as flows improve – OCBC
USD/KRW: Downside risks build as flows improve – OCBC
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Gold (XAU/USD) Price Forecast: Pullback Tests Short-Term Support
Gold failed to sustain its breakout above $5,092 and is now testing short-term support near the 20-day average, signaling potential consolidation within the broader uptrend.
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NZD/USD holds steady near 0.6050 as momentum withers
NZD/USD holds steady near 0.6050 as momentum withers
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AUD/USD eases slightly, but remains firmly in bull country
AUD/USD eases slightly, but remains firmly in bull country
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USD/JPY the USD Macro Driver as EUR/JPY, GBP/JPY Pull Back
The beauty of price action is that it's objective. While headlines and ‘reasons' and fundamentals can often shift impact the thing that matters most, the item that runs through stops or causes margin calls, simply ‘is what it is.
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USD/CHF declines as soft US data and bearish technicals weigh on pair
USD/CHF declines as soft US data and bearish technicals weigh on pair
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Pound to Dollar Price Forecast: GBP Steady Despite Soft UK GDP
The Pound to Dollar exchange rate held steady on Thursday, with GBP/USD hovering near the mid-1.36s despite softer UK growth figures, as improved risk appetite curbed US Dollar demand. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.3608 (-0.11%)Euro to Dollar (EUR/USD): 1.18593 (-0.13%)Dollar to Japanese Yen (USD/JPY): 152.8235.
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