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The longer the EUR can hold around 1.07, the harder it will be for the USD to strengthen further – Scotiabank
EUR/USD drifts around 1.07. Economists at Scotiabanka nalyze the pair’s technical outlook. EUR’s undertone remains soft from a short-term technical po
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Pound Sterling Price News and Forecast: GBP/USD slides back closer to 1.2400 amid reviving USD demand
GBP/USD has met renewed bearish pressure in the European morning and declined toward 1.2400 following a quiet Asian session. The negative shift seen i
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NZD/USD Price Analysis: Needs a break above 0.6100 to validate Inverted H&S formation
The NZD/USD pair has attempted a recovery move after correcting to near 0.6070 in the London session. The Kiwi asset is expected to show volatile move
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USD/CAD: Technical pointers are tilted lower – Scotiabank
CAD gets a minor lift ahead of tomorrow’s BoC decision. Economists at Scotiabank analyze USD/CAD outlook. USD/CAD to retest the low 1.33 zone once bel
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USD Index Price Analysis: A test of the May top near 104.80 is still likely
DXY manages to regain some composure following Monday’s retracement and revisits the 104.20 region on Tuesday Considering the current price action, an
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EUR/USD to see one more down leg on failure to surpass 1.0860/1.0900 – SocGen
Economists at Société Générale analyze EUR/USD technical outlook. Upside capped at 1.0860/1.0900 The pair has formed an interim trough near 1.0630. An
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GBP/JPY returns above 173.00 despite a decline in UK consumer spending
The GBP/JPY pair has shown a V-shape recovery after printing an intraday low of 172.68 in the European session. The cross witnessed a stellar buying i
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EUR/JPY Price Analysis: Gains remain limited around 151.00
EUR/JPY corrects further south and retreats to the sub-149.00 region on Tuesday. In case bulls regain the initiative, there is an immediate hurdle at
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Favoring AUD strength against NZD rather than USD – TDS
Economists at TD Securities analyze AUD outlook after the RBA hikes 25 bps. ANZ/NZD to target next resistance level at 1.108 The 25 bps hike today fav
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Chevron (CVX) flat correction in progress
Chevron Corporation (ticker: CVX), commonly known as Chevron, is one of the world’s largest multinational energy corporations. The company operates in
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Mexico Consumer Confidence rose from previous 44.6 to 44.7 in May
Mexico Consumer Confidence rose from previous 44.6 to 44.7 in May
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Mexico Consumer Confidence s.a registered at 44.4 above expectations (43.7) in May
Mexico Consumer Confidence s.a registered at 44.4 above expectations (43.7) in May
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Cisco (CSCO) ended a correction and it should resume to the upside
Cisco Systems, Inc., commonly known as Cisco (CSCO), is an American-based multinational digital communications technology conglomerate corporation hea
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Pound Sterling Price News and Forecast: GBP/USD More downside seems warranted amid a breakdown below 1.2400
GBP/USD has extended its decline to test 1.2400 in the European morning on Monday. Sellers could move to the sidelines and allow the pair to stage a r
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US Dollar outperforms its rivals after NFP-inspired upsurge
The US Dollar (USD) holds its ground to start the new week. The US Dollar Index (DXY), which tracks the USD's valuation against a basket of six major
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USD Index Price Analysis: Extra gains target the May high near 104.80
DXY’s rebound picks up pace and tests 2-day highs past the 104.00 hurdle on Monday. Considering the current price action, further advances could initi
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EUR/JPY Price Analysis: Immediately to the upside comes 151.00
EUR/JPY climbs further and reclaims the area beyond the key 150.00 barrier at the beginning of the week. Further recovery appears a plausible near-ter
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Gold Price Forecast: XAU/USD trades just above $1,940, flirts with 100-day SMA support
Gold price edges lower for the second successive day on Monday and remains depressed through the first half of the European session. The XAU/USD is cu
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EUR/JPY struggles to hold 150.00 as investors turn cautious ahead of ECB Lagarde’s speech
The EUR/JPY pair is struggling in defending the auction above the psychological support of 150.00 in the European session. The cross is expected to re
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AUD/USD refreshes day low below 0.6600 despite mixed views for Fed policy, RBA policy eyed
The AUD/USD has refreshed its day’s low at 0.6587 in the London session. The Aussie asset has witnessed immense selling pressure despite the street ho
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USD/JPY sits near multi-day peak, around 140.25-30 area amid stronger USD
The USD/JPY pair builds on Friday's strong intraday positive move and gains some follow-through traction for the second successive day on Monday. The
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IMF's Georgieva sees no significant slowdown in lending
In a CNBC interview on Monday, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that "we don't yet see a significant slow
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USD/JPY: Yen can become a significant outperformer during the global easing phase – Wells Fargo
Economists at Wells Fargo expect the Yen to be a key beneficiary from US Dollar weakness. Japanese Yen strength later this year Against a backdrop of
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United States ISM Manufacturing Prices Paid came in at 44.2 below forecasts (52) in May
United States ISM Manufacturing Prices Paid came in at 44.2 below forecasts (52) in May
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United States ISM Manufacturing PMI registered at 46.9, below expectations (47) in May
United States ISM Manufacturing PMI registered at 46.9, below expectations (47) in May