The Fed’s ruse of citing the labor market to cut rates has been exposed
We get the ISM manufacturing PMI later today and it can be a market-mover, but expectations of improvement are low and manufacturing is a small part of GDP,...
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NZD/USD Price Forecast: Gains ground near 0.5600
The NZD/USD pair gains firm-footing near the round-level support of 0.5600 in Friday’s North American...
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Not a great start to 2025
USD: Mar '25 is Down at 108.805. Energies: Feb '25 Crude is Down at...
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Market mirage: Early gains turn to late losses, Gold glitters, and Santa is a no show
It was a head fake – early gains turned to end of day...
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Silver Price Forecast: XAG/USD extends upside to near $29.80 on renewed safe-haven demand
Silver price (XAG/USD) rises further to near $29.80 in Friday’s European...
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Stocks start the year in fear
The US stock market is starting the year in a state of fear bordering on extreme fear - the opposite of a year ago when the market was balanced between 'greed' and 'extreme...
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Euro stabilizes as Spain posts strong job data
The euro has stabilized on Friday. In the European session, EUR/USD is currently trading at 1.0296, up 0.3% on the...
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TRY: Lower-than-expected inflation after the start of the cutting cycle – ING
December inflation in Turkey surprised to the downside with a drop from 47.1% to 44.4% YoY, below market expectations, ING’s FX analyst Frantisek Taborsky...
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USD: Entering favorable seasonality – ING
Trump’s policy mix will trigger further US Dollar (USD) strengthening, with European currencies – and the Euro (EUR) in particular – coming under pressure from protectionism and monetary easing. Emerging market currencies should have a tough year too, ING’s FX analyst Francesco Pesole...
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EUR/USD aims for parity amid Fed-ECB policy divergence
EUR/USD finds temporary support in Friday’s European session after diving to near 1.0220 on Thursday, the lowest level seen in over two...
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Elliott Wave view: GBP/USD short term remains bearish [Video]
Short Term Elliott Wave view in GBPUSD suggests decline from 12.6.2024 high is in progress as a 5 waves...
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China: 2024 growth target likely reached – Standard Chartered
Average official manufacturing and non-manufacturing PMIs edged up above 50 in Q4. IP and services production index growth likely remained resilient in December on improved...
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GBP/USD Forecast: Pound Sterling struggles to shake off bearish pressure
GBP/USD declined sharply and touched its weakest level in nearly nine months at 1.2352 on...
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DXY: Overvalued USD consolidates – Scotiabank
After a solid start to the year yesterday, broad dollar gains have been checked back somewhat, leaving the Dollar Index (DXY) in consolidation mode into the weekend, Scotiabank’s Chief FX Strategist Shaun Osborne...
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Think ahead: Jobs data in focus
The consensus is for US non-farm payrolls to have risen 153k in December while the unemployment rate is expected to hold at...
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PBoC: Will cut RRR and interest rates at proper time
The People's Bank of China's (PBoC) Monetary Policy Committee said on Friday that they will cut the reserve ratio requirements (RRR) and interest rates at proper time, per...
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USD/JPY outlook: Bulls hold grip for further gains, BoJ intervention looms
USDJPY – near term action remains in extended sideways mode under new multi-week high (158.07) and consolidating December’s 5%...
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Week ahead – US NFP to test the markets, Eurozone CPI data also in focus
Will the US data add more fuel to the dollar’s engines? The US dollar opened the new year with a negative gap but was quick to resume its prevailing uptrend as the fundamental landscape has not...
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Traders primed to return with full force next week as January
EU Mid-Market Update: Traders primed to return with full force next week as January road ahead highlighted by Trumps return to office and beginning of Q4 earnings season; House Speaker vote in few...
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EURUSD outlook: Larger bears to consolidate before resuming lower, parity level coming in focus
EURUSD edges higher early Friday on a partial profit-taking at the end of the week, after the latest three-day acceleration pushed the price to the lowest levels in over two...
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EUR/USD can finally reach parity – Societe Generale
EUR/USD has resumed its phase of decline after breaching below lower limit of recent range (1.0330), Societe Generale’s FX analyst...
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FX daily: More of the same to start the year
The first trading day of the year brought fresh pressure on European...
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EUR/JPY consolidates below 162.00 as investors await German inflation data
The EUR/JPY pair trades in a tight range below the key resistance of 162.00 in Friday’s European...
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Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet...
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Has USD/CAD reached a peak point?
USDCAD is holding steady within the tight three-week-old range of 1.4350-1.4400 despite a brief rise to 1.4465 in the first trading day of...
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Gold shows strength ahead of US PMI data with safe-haven demand driving momentum
Gold prices continue to increase and build on an impressive 27% gain in...
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WTI Crude buy signal triggered
Gold remains in quite an erratic sideways channel. We beat the 14 day high at...
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