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FXStreet Forex News

Stocks: The correction has arrived – What lies ahead?

Stock prices pulled back on Monday, with the S&P 500 index closing 0.61% lower following profit-taking after Friday’s employment...

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Saudi Arabia significantly lowers selling prices for oil shipments in January – Commerzbank

Saudi Arabia reduced its official selling prices (OSP) for customers in Asia to a four-year low in January, Commerzbank’s commodity analyst Barbara Lambrecht...

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CAD steadies after push to near 1.42 overnight – Scotiabank

The Canadian Dollar (CAD) is little changed overnight after slipping in late trade yesterday after PM Trudeau said Canada would retaliate in the event of new tariffs being imposed on Canadian exports under President-elect Trump’s administration, Scotiabank’s Chief FX Strategist Shaun Osborne...

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New uncertainty in the Middle East after the fall of the Assad regime causes oil prices to rise – Commerzbank

Oil prices rose significantly at the start of the week, making up for Friday's losses, Commerzbank’s commodity analyst Carsten Fritsch...

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Silver Price Forecast: XAG/USD consolidates near $32 ahead of China’s stimulus plans, US inflation

Silver price (XAG/USD) trades in a tight range near $32.00 in Tuesday’s North American...

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USD narrowly mixed, AUD slips & EUR/GBP dips – Scotiabank

The US Dollar (USD) is narrowly mixed to a little firmer against the majors in quiet...

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EUR/USD Price Forecast: Sellers gain confidence ahead of first-tier events

The EUR/USD pair is under mild selling pressure on Tuesday, trading around the 1.0520...

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Markets hold their breath: Inflation data, Fed moves, and JJ's 'thoughts' leave investors dizzy

Stocks consolidating just a bit – I’d like to see a bit...

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Mixed bias – Down day

USD: Dec '24 is Up at 106.320. Energies: Jan '25 Crude is Down at...

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RBA: Unchanged interest rate, changed tonality – Commerzbank

This morning, the Reserve Bank of Australia (RBA) left the key interest rate unchanged at 4.35 per cent in its last monetary policy meeting of the...

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AUD/USD rises after RBA holds rates

The Australian dollar continues to show strong movement and is down sharply on...

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Risk off amid modest repricing ahead of US CPI tomorrow

- Market froth is trimmed as traders weigh up recent bull run and current...

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US debt dynamics look scary, effective policy is critical

The problem for Treasuries is a 3% primary deficit plus 3% interest rate costs exceeds the typical 4.5% GDP...

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EUR/USD: Markets await ECB decision Thursday – Scotiabank

The Euro (EUR) is softer, slipping back to the low 1.05s after failing to hold gains through the low 1.06s late last week, Scotiabank’s Chief FX Strategist Shaun Osborne...

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Dovish hold sends the Aussie lower

Overview: The US dollar is little changed against most of the G10 currencies...

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Consumption takes a hit, consolidation moved to 2026

In the third quarter, the annual GDP growth rate reached 2.7%, driven by inventory buildup rather than household consumption, which is against our baseline for...

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Steeper EUR curves from both sides

We see the landing point of the European Central Bank at 1.75%, reaching that level by mid-2025, but the path towards this may be...

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Chinese central bank bought Gold again for the first time after a six-month break – Commerzbank

The Gold price rose to as high as $2,675 per troy ounce yesterday, Commerzbank’s commodity analyst Carsten Fritsch...

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USD/JPY appreciates further and reaches a resistance area at 151.90

The US Dollar is trading higher for the second consecutive day on...

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RBA kept rate unchanged but failed to stop the AUD slide

The Reserve Bank of Australia kept its cash rate unchanged at 4.35%, maintaining it at a 13-year high for the past 13...

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Elliott Wave suggests Alibaba group $BABA can reach $130.00 in 2025

In today’s article, we’ll examine the recent performance of Alibaba Group ($BABA) through the lens of Elliott Wave...

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Gold outlook: Could the November US inflation report and China alter Gold’s direction?

Gold’s price appears to have had some slight bullish tendencies yesterday and during today’s Asian session, yet nothing as convincing...

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Mexican Peso dips with the Dollar firming up ahead of US CPI data

The Mexican Peso (MXN) is drifting lower from the key 20.00 area weighed by a stronger US Dollar...

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AUD/USD plummets below 0.6400 as RBA Bullock delivers less-hawkish guidance

The AUD/USD pair plunges below the key support of 0.6400 in Tuesday’s European...

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

FTNT Elliott Wave Analysis Trading Lounge. Fortinet Inc., (FTNT) Daily...

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Gold steadies near two-week highs on optimism about China

Gold rally maintains its positive momentum intact fuelled by buying from China and safe-haven...

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Markets await US inflation report

Downbeat start in Europe. RBA hold rates with all eyes on the February...

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