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FXStreet Forex News

EUR/USD bounces back as US Dollar gives up gains

EUR/USD recovers intraday losses and rebounds to near the psychological resistance of 1.0500 in Tuesday’s European...

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EUR: Europe won't be breathing a sigh of relief – ING

That Europe was not mentioned in Trump's first tariff post could perhaps be welcome news on the Continent, ING’s FX analyst Chris Turner...

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ECB’s Centeno: Inflation is getting close to the 2% target

European Central Bank (ECB) policymaker Mario Centeno said on Tuesday that “inflation is getting close to the 2% target.” Additional quotes European economy is facing...

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ECB’s de Guindos: Concerns about high inflation have shifted to economic growth

European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday,”concerns about high inflation have shifted to economic growth.” Additional takeaways We will have new projections in...

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Trump is back, as markets balk at tariff talk

Trump may have placated financial markets with his pick for Treasury Secretary, however, he has reminded Scott Bessent who is boss, with his warning shot to Canada, Mexico and China on...

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EUR/USD: Rebound risk on the cards – OCBC

The Euro (EUR) fell in reaction to Trump’s threat on tariffs, though there was no mention of...

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USD/CAD Price Forecast: Finds support near 1.4100 after pulling back from multi-year highs

USD/CAD extends its winning streak for the third consecutive session, rising more than 1% to 1.4178, a level not seen since April...

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Hang Seng Index Elliott Wave technical analysis [Video]

Hang Seng Index Elliott Wave Analysis – Trading Lounge Day...

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AUD/USD maintains its offered tone below 0.6500, looks to FOMC minutes for fresh impetus

The AUD/USD pair struggles to capitalize on its intraday bounce from the 0.6435-0.6430 area, or its lowest level since August 5 touched earlier this Tuesday and keeps the red through the first half of the European...

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EUR/USD: Euro is balancing between the levels 1.0400 – 1.0500 trying to find supports

The single European currency is trading at the threshold of the 1.05 level in the early hours of Tuesday, having recovered relatively quickly from the intense pressure it received during the opening of the Asian zone in the wake of Donald Trump's statements on the adoption of high tariffs on imports from Mexico and...

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Elliott Waves on EUR/USD shows resistance at 1.0550 – 1.0600 [Video]

After a sharp drop at the end of last week, EURUSD is now attempting to...

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USD/CHF Elliott Wave technical analysis [Video]

USDCHF Elliott Wave Analysis – Trading Lounge U.S. Dollar/Swiss Franc (USDCHF) – Day Chart Analysis USDCHF Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 3 Direction of Next Higher Degrees: Navy Blue Wave 3 Details Navy blue wave 1 appears complete, and navy blue wave 2 is currently...

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NZD/USD Price Forecast: Tests descending channel’s lower boundary below 0.5850

NZD/USD extends its losing streak for the fifth successive day, trading around 0.5840 during European trading hours on...

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Trump’s treasury pick sparks US Dollar and yields pullback: Relief rally or just a pause?

The rise in US yields and the dollar showed signs of fatigue lately, hardly reacting to positive...

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USD: Transactional Trump fires up tariff threat – ING

European FX markets are on the move today as they digest the first of President-elect Trump's late-night social media posts on economic...

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Fortinet Inc. (FTNT) Elliott Wave technical analysis [Video]

Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave...

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EUR/USD outlook: Bullish signal is developing on daily chart but needs more evidence for confirmation

EUR/USD remains in a narrow-range sideways mode in early Tuesday’s trading, in extension of Monday’s action, shaped in Doji candle and signaling indecision Initial positive signal is developing on daily chart following last Friday’s strong downside rejection which left a bear trap under 1.0405 Fibo support (50% retracement of 0.9535/1.1275 rally (Sep 2022/July...

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NZD/USD: Does not have enough momentum to reach 0.5770 – UOB Group

The New Zealand Dollar (NZD) could drop further; at this time, it does not appear to have enough momentum to reach 0.5770 for...

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USD/JPY: Downside play – OCBC

USD/JPY continued to trade lower despite US Dollar (USD) strength seen...

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AUD/USD: Has a chance to break below 0.6440 – UOB Group

Downward momentum is building; the Australian Dollar (AUD) could break below 0.6440 but might not be able to maintain a foothold below this...

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Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet...

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GBP/USD: Continues to trade below 1.2600 – UOB Group

As long as the Pound Sterling (GBP) remains below 1.2600, it could test the 1.2505 level; last Friday’s low of 1.2475 is unlikely to come under...

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Mexican Peso plummets on Trump tariff threat

The Mexican Peso (MXN) declines by an average of one and a quarter percent in its most-traded pairs on Tuesday after President-elect Donald Trump said he would place a 25% tariff on goods entering the US from Mexico and Canada unless the countries reduced illegal migration and the cross-border traffic in illicit...

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DXY: Bulls look tired – OCBC

FX markets received a jolt this morning as President-elect Trump said that he will impose 25% tariff on all products from Mexico and Canada and additional 10% tariff on goods from...

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EUR/JPY holds losses near 161.00 due to heightened global risk aversion

EUR/JPY remains in negative territory despite trimming intraday losses, trading near 161.20 during European hours on...

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USD/CAD Price Forecast: Seems poised to surpass 1.4200 after Trump's tariffs threat

The USD/CAD pair catches aggressive bids and spikes to the 1.4175-1.4180 region on Tuesday in reaction to US President-elect Donald Trump's tariff...

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​​​​​​​Gold corrects as Fed uncertainty overshadows global tensions

The nomination of Scott Bessent as the US Treasury Secretary has significantly impacted the gold...

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Pound Sterling struggles against US Dollar on renewed Trump tariff fears

The Pound Sterling (GBP) recovers some losses against the US Dollar (USD) in Tuesday’s London session after diving near the psychological support of 1.2500 in Asian trading...

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