Gold extends losses with the Dollar supported by higher yields
Gold rally fails at around $2,720 and pares previous gains amid higher US...
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GBP/USD: Any decline is expected to face significant support at 1.2610 – UOB Group
Sharp sell-off seems excessive; the Pound Sterling (GBP) is likely to consolidate in a 1.2650/1.2725...
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USD ends the week on a firm footing – ING
It has been a busy week for the events calendar but the dollar is ending the week towards the top end of its...
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Visa Inc. (V) Elliott Wave technical analysis [Video]
Function: Trend Mode: Impulsive Structure: Motive Position: Wave 5 of...
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Four key events to follow next week
This week, central banks around the globe made significant monetary policy...
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Yearly technical outlook 2025 – EUR/USD, GBP/USD, USD/JPY [Video]
EURUSD: No light at the end of the tunnel EURUSD is down by 4.78% year-to-date and has been stuck in a range since the ECB signaled the end of its rate hike cycle more than a year...
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USD/CAD trades close fresh four-year high near 1.4250 amid firm US Dollar
The USD/CAD pair holds gains near a fresh more than four-year high at 1.4245 in Friday’s European...
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PBOC: Will keep the Yuan basically stable
Citing the People's Bank of China (PBOC), CCTV reported on Friday, they “will keep the Yuan basically stable.” Additional takeaways Will firmly prevent foreign exchange overshooting...
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GBP/USD Forecast: Pound Sterling tests key support after weak UK data
After spending the first half of the week in a tight range, GBP/USD turned south and lost more than 0.5% on...
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EUR/USD trades choppy after ECB Lagarde shows concerns over Eurozone economic growth
EUR/USD broadly consolidates near 1.0470 in Friday’s European session, staying under bearish pressure after comments from European Central Bank (ECB) President Christine Lagarde on Thursday indicated that more interest rate cuts are in the pipeline, a scenario that has dampened the Euro’s (EUR)...
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FTSE 100 (UK) index Elliott Wave technical analysis [Video]
FTSE 100 Elliott Wave Analysis Trading Lounge Day Chart. Index: FTSE 100...
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EUR/USD: Room for further losses for the Euro as it is already approaching 1.0450 level
The single European currency is one breath away from the level of 1,0450 as it remains under mild pressure in the wake of yesterday's meeting of the European Central Bank where the decision to cut key interest rates by 25 basis points was fully...
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ECB’s Muller: Temporary ups and downs on inflation are inevitable
European Central Bank (ECB) policymaker Madis Muller said on Friday that “temporary ups and downs on inflation are inevitable.” Additional quotes There was consensus at ECB's Governing...
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Czechia outlook: Economic recovery expected to continue
The Czech economy is undergoing a gradual recovery, expected to strengthen over the next two...
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Bundesbank: German economy to shrink 0.2% this year, grow 0.2% in 2025
The German central bank, Bundesbank, predicted in its monthly report published on Friday that the economy is set to expand only modestly next year after a decline of 0.2% in Gross Domestic Product (GDP) this...
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Eurozone Industrial Production arrives at 0% MoM in October vs. -0.1% expected
Eurozone’s industrial sector activity showed no growth in October, the latest data published by Eurostat showed on...
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EUR/USD: Decline is unlikely to break clearly below 1.0440 – UOB Group
Euro (EUR) may edge lower; as momentum is not strong, any decline is unlikely to break clearly below...
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China: Initial takeaways from the CEWC – UOB Group
China held its annual Central Economic Work Conference (CEWC) on 11-12 Dec...
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Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet...
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Fed preview: Gauging for neutral
We expect the Fed to cut the policy rate target by 25bp in the December...
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NZD/USD slides to two-year low, closer to mid-0.5700s amid divergent RBNZ-Fed expectations
The NZD/USD pair prolongs its weekly downtrend for the fourth consecutive day and drops to the 0.5755 area, or a fresh low since November 2022 during the first half of the European session on...
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Stock consolidate after inflation data
Emini S&P December support at 6050/45 likely to be retested as we revers Wednesday's...
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Gold prices recovered, but future hinges on USD trends
Gold prices stabilised around 2,690.00 USD per troy ounce on...
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USD/CAD Price Forecast: Hits fresh multi-year top as focus shifts to FOMC meeting next week
The USD/CAD pair builds on Thursday's breakout momentum above the 1.4200 mark and touches a fresh high since April 2020 on the last trading day of the...
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Retail sector keeps growing, mixed performance of industry in CEE
The ECB Governing Council decided to cut the deposit rate by a further 25 basis points (bp) to...
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Key levels and divergences: What the S&P 500 chart is telling us
Price patterns in technical analysis are valuable tools for uncovering potential trading...
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Pound Sterling slumps as UK GDP, factory output unexpectedly contract in October
The Pound Sterling (GBP) falls sharply against its major peers on Friday after the United Kingdom (UK) Office for National Statistics (ONS) reported that monthly Gross Domestic Product (GDP) and factory data surprisingly contracted in...
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