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EUR/JPY Price Analysis: Bullish push persists, eyes on waning momentum

The EUR/JPY currency pair stands at 164.71, reflecting a persistent bullish upsurge as it cleared daily losses and defended the 20-day Simple Moving Averages (SMA).
New
update2024.04.20 03:38

EUR/USD consolidates losses with upside attempts capped below the 1.0700 area

Euro bears have been contained at 1.0605 support area this week, but the pair remained trading sideways, with upside attempts capped below 1.0690.
New
update2024.04.20 02:56

GBP/USD drops after mixed UK retail sales, risk aversion

The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading day due to an escalation of the Israel-Iran conflict.
New
update2024.04.20 02:15

USD/CHF picks up from 0.9075 support following Fed Golsbee's comments

The US Dollar has retraced previous losses, as news of an Israeli attack on Iran boosted the safe-haven CHF, to consolidate at previous ranges, above the 0.9075 resistance area.
New
update2024.04.20 02:06

US Dollar sees slight Friday downfall as buyer momentum dwindles

The US Dollar Index (DXY) is currently trading at 106.09, a mild loss from its recent peak of 106.35.
New
update2024.04.20 01:42

Forecasting the Coming Week: Focus remains on central bank's policy divergence

Another week dominated by bets regarding the most-likely timing of the Fed's start of the easing cycle saw the US Dollar rise to new highs, while conviction of an interest rate cut by the ECB in June remained on the rise... and dragged EUR/USD to as low as the 1.0600 neighbourhood.
New
update2024.04.20 01:42

Dow Jones advances moderately in a cautious market mood

The Dow Jones Industrial Average (DJIA) is trading moderately higher on Friday with Wall Street indexes mixed on looming geopolitical concerns.
New
update2024.04.20 01:32

Mexican Peso struggles amid geopolitical tensions despite recording solid Retail Sales

The Mexican Peso remains on the defensive after plummeting close to 5% against the US Dollar during the overnight session for North American traders.
New
update2024.04.20 01:00

Canadian Dollar picks up as geopolitical concerns ease

The Canadian Dollar (CAD) is trading higher for the third consecutive session on Friday and is on track for a moderate weekly recovery after a sharp sell-off over the previous two weeks.
New
update2024.04.20 00:59

Fed's Goolsbee: Makes sense to wait to get more clarity before moving

Federal Reserve Bank of Chicago President Austan Goolsbee argued on Friday that it would make sense to wait to get more clarity on the inflation outlook before taking a policy step.
New
update2024.04.19 23:39

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