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GBP/USD is approaching a key support level ahead of the Fed and BoE meetings. The BoE is very unlikely to consider rate cuts before the Fed and the ECB. Meanwhile, Fed's hawkish stance could keep the...
Silver (XAG/USD) remains under some selling pressure for the second successive day on Tuesday and retreats further from the YTD peak, around the $25.45 region touched last week.
The USD/CAD pair jumps to 1.3550 in Tuesday’s European session after breaking above the two-day consolidation formed in a range of 1.3510-1.3550.
USDThe Fed left interest rates unchanged as expected at the last meeting and dropped the tightening bias in the statement.The US CPI and the US PPI beat expectations for the second consecutive...
The EUR/USD pair trades on a negative note during the early European session on Tuesday.
In Monday's trading, NZD/USD remained largely unchanged around 0.6085 while the pair showed ongoing sell-off pressure.
On Monday's session, the AUD/JPY pair is trading at 97.71, mildly down after peaking at a high of around 98.10, near the 20-day Simple Moving Average (SMA).
In Monday's trading, the NZD/JPY reversed its course and gave up daily gains to decline towards 90.60.
EUR/CHF is trading higher at the start of the new week, exchanging hands in the 0.9630s, after achieving new year-to-date (YTD) highs.
GBP/JPY appears to be forming a bearish Ascending Broadening Wedge formation.
The USD/CAD pair seems comfortable above the psychological resistance of 1.3500 in the European session on Monday.
The NZD/USD pair finds a temporary cushion near 0.6080 in Monday’s European session after a sharp sell-off in the last two trading sessions.
The AUD/USD pair attracts some buyers on the first day of a new week and for now, seems to have snapped a two-day losing streak to mid-0.6500s, or over a one-week low touched last Friday.
EUR/USD edges lower to near 1.0890 during the Asian market hours on Monday.
The NZD/USD pair declined to 0.6086, with a significant 0.77% downturn in Friday's session.