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FXStreet Forex News

Fed's Bostic:

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic hit newswires during the overnight hours of Tuesday's US market session, noting that the US continues to perform well, and doesn't see strong signs of a potential recession looming over the...

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RBNZ's Silk: Remains confident inflation will converge with 2% target

Reserve Bank of New Zealand (RBNZ) Assistant Governor Karen Silk noted early Wednesday that the RBNZ is increasingly confident it will achieve target inflation levels using its current monetary policy strategy, though maybe not as quickly as many would...

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EUR/USD extends decline as ECB rate call looms ahead

EUR/USD fell further into the bearish side on Tuesday, declining one-fifth of one percent and slipping below the 200-day Exponential Moving Average...

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NZD/JPY Price Analysis: Bullish momentum fading, downside risk emerging

The NZD/JPY pair declined by 0.60% to 90.70 in Tuesday's session and threatens with a reversal in the recent bullish...

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Johnson & Johnson stock closes 1.55% higher on Tuesday

Johnson & Johnson (JNJ) closed at $164.10 on Tuesday, 1.55% higher on the...

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Canadian Dollar finally halts the backslide, but gains remain limited

The Canadian Dollar (CAD) finally found a foothold and halt an ongoing decline against the Greenback that has seen the Loonie shed over 3% in a multi-week bear run that started last...

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Forex Today: Investors’ focus now shifts to UK inflation

A mildly positive session left the US Dollar trading around recent levels against the backdrop of diminishing yields worldwide, while market participants maintained their attention on messages from Fed’s officials regarding the bank’s likely rate...

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Mexican Peso slumps on buoyant US Dollar, predicted slower GDP growth

The Mexican Peso lost over 1% against the US Dollar during the North American session as the Greenback strengthened on risk...

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Gold Price Forecast: XAU/USD holds on to modest gains around $2,660

Gold price is marginally higher on Tuesday, pressuring the weekly high and trading not far from the record posted in September at $2,685.45 a troy...

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An easier path for Bank of Canada monetary policy

Today's release of Canada's September CPI offers a decisive data point, in our view, that should see the Bank of Canada (BoC) step up the pace of monetary easing next...

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Fed's Daly: One or two more rate cuts this year if forecasts met

Federal Reserve (Fed) Bank of San Francisco President Mary Daly noted on Tuesday that although the Fed has made significant progress on tamping down inflation while also keeping the US labor market within long-run averages, there's still a lot of progress to be...

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This time is not different for China

High profile policy announcements from China have captured financial markets' attention over the past few...

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GBP/USD Price Forecast: Rises toward 1.3100 post strong UK jobs report

The Pound Sterling recovered some ground and rose 0.18% on Tuesday against the US Dollar following a strong UK jobs report that pushed the unemployment rate lower, while the economy added over 373,000 jobs, crushing estimates of...

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USD/CHF Price Prediction: Pull back unfolding after higher high

USD/CHF is pulling back within its short-term uptrend after peaking at 0.8642 on...

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RBA's Hunter: Inflation expectations remain anchored

Reserve Bank of Australia (RBA) Deputy Governor Sarah Hunter noted early Wednesday that while the RBA remains determined to keep inflation under control, and the Australian central bank sees no signs of inflation expectations becoming de-anchored, price growth has remained a sticking point for the...

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GBP/USD cycles familiar territory ahead of UK CPI print

GBP/USD churned chart paper in familiar territory for a fourth consecutive trading day on...

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USD/JPY Price Forecast: Dips towards 149.00 on falling US yields

The USD/JPY slipped over 0.30% on Tuesday due to risk aversion and falling US Treasury bond...

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Gold price gains despite buoyant US Dollar as US yields fall

Gold prices advanced Tuesday as US Treasury bond yields retreated, capping US Dollar...

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Australian Dollar declines as it approaches critical level

The AUD/USD pair declined by 0.40% to 0.6705 in Tuesday's session as the Australian Dollar faced renewed selling...

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US Dollar holds gains despite soft data

The US economy is facing mixed signals, with certain sectors indicating a slowdown, while others remain...

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Dow Jones Industrial Average pulls back after record close

The Dow Jones Industrial Average (DJIA) trimmed lower on Tuesday despite starting the day with a fresh all-time peak...

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EUR/USD Price Forecast: The outlook should shift to bearish below 1.0873

EUR/USD extended its losses on turnaround Tuesday, dipping to fresh two-month lows near 1.0880, just pips away from the critical 200-day Simple Moving Average...

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Correlation between interest rates and the USD/JPY [Video]

In today’s TradeGATEHub Live Trading session, Coach explores whether the Dow Jones Transportation Average ($DJT) might be hinting at a potential Trump...

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AUD/USD Price Forecast: Strong contention remains around 0.6700

AUD/USD encountered extra selling pressure on Tuesday, testing the 0.6700 support level once...

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EUR/GBP Price Analysis: Bearish Momentum grows as cross slides further below 20-day SMA

The EUR/GBP pair continued its bearish trajectory on Tuesday, extending Monday's decline and falling to 0.8330, down 0.30% for the...

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China imported more Copper and large quantities of Copper ore again in September – Commerzbank

China imported 479,000 tons of unwrought Copper and Copper products in September, according to the General Administration of Customs on Monday, Commerzbank’s commodity analyst Carsten Fritsch...

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Chinese crude oil imports remained weak also in September – Commerzbank

China's crude oil imports fell to 11.1 million barrels per day in September, according to customs data, Commerzbank’s FX analyst Carsten Fritsch...

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