United Kingdom Consumer Inflation Expectations dipped from previous 3.6% to 3.5%
United Kingdom Consumer Inflation Expectations dipped from previous 3.6% to 3.5%
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AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
AI-related names have made losses since Oracle’s mixed results on Wednesday. -
EUR/USD Surges on Dovish Fed Signals and Shifting Expectations
The EUR/USD pair rallied sharply to 1.1735 on Friday, propelled by a sustained sell-off in the US dollar. The move followed a widely anticipated Federal Reserve rate cut, which was accompanied by guidance that proved more accommodative than markets had expected. Chair Jerome Powell explicitly ruled out further rate hikes, and the Fed’s updated “dot […]
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Silver Price Hits Historic Record Around $64
On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological $60-per-ounce threshold for the first time in history. The rally has been driven by strong retail inflows into silver ETFs, alongside expectations of a […]
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USD/INR holds to US-India trade uncertainty gains ahead of India’s inflation data
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Friday, with the USD/INR pair hitting fresh all-time highs at 90.86. -
XBR/USD Chart Analysis: Price Rebounds from a Seven-Week Low
On 1 December, we outlined a descending channel on the XBR/USD chart and noted that the bearish trend was driven by fading geopolitical risks. Indeed, hopes for an end to the war in Ukraine—along with the possibility of sanctions on Russia being eased—acted as a bearish catalyst. In addition, the International Energy Agency reaffirmed its […]
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EUR/USD Daily Outlook
Daily Pivots: (S1) 1.1692; (P) 1.1727; (R1) 1.1773; More…. EUR/USD’s rally from 1.1467 is in progress and intraday bias stays on the upside. Current development suggests that fall from 1.1917 has completed as a correction to 1.1467. Further rally should be seen to retest 1.1917 high. For now, risk will stay on the upside as […]
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USD/JPY Daily Outlook
Daily Pivots: (S1) 154.95; (P) 155.56; (R1) 156.17; More… USD/JPY is still extending the corrective pattern from 157.88 and intraday bias remains neutral. On the downside, break of 154.33 will target 55 D EMA (now at 153.58) and possibly below. On the upside, above 156.94 will bring retest of 157.88. Firm break there will resume […]
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USD/CAD Price Forecast: Extends losing streak for fourth trading day
The USD/CAD pair extends its losing streak for the fourth trading day on Friday. The Loonie pair trades 0.1% lower to near 1.3750 during the European trading hours. -
GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3349; (P) 1.3393; (R1) 1.3432; More… Intraday bias in GBP/USD remains on the upside as rise from 1.3008 is in progress. As noted before, fall from 1.3787 should have completed as a three-wave correction to 1.3008. Firm break of 1.3470 resistance will pave the way to retest 1.3787 high. Further rally is […]
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