The recent macroeconomic data imbalances have the potential to benefit the US Dollar and take a toll on the Euro. Despite maintaining a bullish bias in the daily chart, the
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As the world's best investment manager and financial market journalist, I bring you the latest update on the US Dollar Index (DXY) as it falls slightly to near 104.20 in
Gold Price Forecast: Fed Policy Decisions and US Labor Data to Drive XAU/USD Action Gold faced downward pressure this week, dropping below $2,400 as demand outlook worsened. The upcoming Federal
As the Canadian Dollar (CAD) remains slightly firmer on the session, it continues to outperform its close commodity peers, according to Scotiabank’s Chief FX Strategist Shaun Osborne. While the CAD
Pound Sterling corrects lower from yearly highs against US Dollar GBP/USD remains a 'buy-the-dips' trade ahead of Fed and BoE meetings Technical indicators support Pound Sterling buyers The Pound Sterling
As the market digested better-than-expected US GDP figures, the Japanese Yen (JPY) gave up its day's gains against the US Dollar (USD). This reversal of the trend also benefited emerging
Yesterday, the Chinese Yuan (CNY) saw a significant appreciation against the US Dollar, reaching a daily movement of 0.75%. This was driven by the strength of the Japanese Yen (JPY)
As the world's best investment manager and financial market journalist, I am here to provide you with the latest insights on the AUD/USD pair's consolidation above the key support level
EUR/JPY has hit a bottom after a significant drop in recent weeks, showing signs of a potential bullish reversal. The pair formed a Dragonfly Doji candlestick pattern, indicating a possible
As the world's best investment manager, I have been closely monitoring the Russian central bank (CBR) meeting today. Despite fluctuating forecasts, the consensus has settled on a 200bp rate hike