Forex News

Latest news from Forex market.


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GBP/USD forecast: US dollar rebounds ahead of US CPI, UK GDP

The cable was held back by the US dollar, which despite giving a big chunk of its post-election gains on Thursday, rebounded strongly on Friday, giving a bearish GBP/USD forecast for the week ahead.

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Will DXY Strength Pressure Gold Further? Trump's Win and Fed Moves Shift Market Sentiment

US Dollar surges on Trump policy hopes and Fed cut, driving euro down and gold to steepest drop in 5 months. Traders await key inflation data next week.

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USD/JPY forecast: Bearish momentum builds as key US data looms

USD/JPY is tied to the US rate outlook, with long-term yields driving the pair. CPI, PPI, and retail sales are the releases to watch, along with Federal Reserve remarks.

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USD/JPY forecast: signal points to a 6% as golden cross nears

The USD/JPY exchange rate rose to a multi-week high of 154.68 this week as investors moved to the US dollar following Donald Trump's election. It then pulled back slightly to 152.63 after the Federal Reserve delivered its interest rate cut.

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Gold (XAU) Price Forecast: Fed, CPI, and PPI Set the Stage for Gold's Next Move

Next week's CPI and PPI data will be pivotal for gold prices. Learn how inflation expectations and Fed policy could spark the next move for XAU/USD.

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Gold (XAU) Price Forecast: Fed, CPI, and PPI Set the Stage for Gold's Next Move

Next week's CPI and PPI data will be pivotal for gold prices. Learn how inflation expectations and Fed policy could spark the next move for XAU/USD.

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NZD/USD Price Analysis: Pair gets rejected again by the 20-day SMA, more downside on the horizon

In Friday's session, the NZD/USD declined by 1.05% to 0.5960, continuing its downward trend as the pair got rejected by a third time this week by the 20-day Simple Moving Average (SMA).

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Gold Price Forecast: Consolidates Between Major Moving Averages

Gold consolidates between key moving averages, with resistance at 2,719 and support at 2,643, indicating potential for an eventual breakout following further consolidation

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Gold falls amid US Dollar surge, traders eye US inflation figures

Gold prices had fallen on Friday as the Greenback stages a recovery despite falling US Treasury yields. Traders continued to digest Donald Trump's victory in the US election, and they reduced their exposure on the so-called “Trump trade” due to uncertainty over tariffs.

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NZD/JPY Price Analysis: Bearish momentum intensifies, threatening 91.00

In Friday's session, the NZD/JPY declined by 1.20% to 91.00, continuing its bearish momentum. This break below the crucial 91.00 support level and the convergence of the 20 and 100-day Simple Moving Averages (SMAs) further confirms the strength of the selling pressure.

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Silver Price Forecast: XAG/USD drops below $31.50, weighed down by USD strength

Silver retreated from two-day highs of $32.00 and tumbled below the 50-day Simple Moving Average (SMA) at $31.37 late in the North American session. This was weighed down by a strong US Dollar underpinned by former President Donald Trump's victory.

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United States CFTC Gold NC Net Positions dipped from previous $278.7K to $255.3K

United States CFTC Gold NC Net Positions dipped from previous $278.7K to $255.3K

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USD/CAD, EUR/USD: USD Price Action After the Election & FOMC

It's been a wild week in the US Dollar and there were some major drivers behind the drive. Next week brings fresh inflation data along with retail sales, and FOMC members are free to opine on rate policy as the blackout window has been lifted.

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Gold Price Rebound Emerges Ahead of the 50-Day SMA

The price of gold may continue to track the positive slope in the 50-Day SMA ($2644) as it holds above the moving average.

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Gold Price Forecast – This Week's Election Results Support More Downside in Gold

Last week, I wrote Gold Could Collapse or Challenge $3000 in November. This week's election results support the former, and the odds now favor a pullback in gold to its 200-day MA (currently $2,400).

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Gold Price Forecast – This Week's Election Results Support More Downside in Gold

Last week, I wrote Gold Could Collapse or Challenge $3000 in November. This week's election results support the former, and the odds now favor a pullback in gold to its 200-day MA (currently $2,400).

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Gold, Silver, Platinum Forecasts – Gold Retreats Ahead Of The Weekend

Gold did not manage to settle back above the $2700 level.

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Gold, Silver, Platinum Forecasts – Gold Retreats Ahead Of The Weekend

Gold did not manage to settle back above the $2700 level.

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U.S. Dollar Rebounds: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Michigan Consumer Sentiment report provided support to the American currency.

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Swiss Franc Technical Forecast: USD/CHF Bulls Wrestle with Resistance

A four-week rally off the yearly low is now threatening a breakout of the April downtrend post-US elections. Battle lines drawn on the USD/CHF weekly technical chart.

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Gold Weekly Price Outlook – Gold Falls Early in The Week but Recovers

The gold market fell hard this week but has since shown itself to be supported fairly well, as the markets continue to see a lot of reasons to go higher, including the interest rate situation, the central bank purchasing, and the uncertainty.

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Silver Weekly Price Outlook – Silver Falls but Look Likely to Bounce

The silver market fell for a lot of the week but has also shown a bit of resiliency at this point in time, and it looks like we are going to try to turn things around overall.

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Gold Price Outlook – Gold Continues to Look Supported Underneath

The gold market has been somewhat subdued over the past 12 hours or so, but it still looks very bullish to me from a longer-term standpoint. At this point, the gold market has so much in the way of external pressures to the upside.

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