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Mexican Peso dips as US inflation rises, trimming Fed rate cut hopes

The Mexican Peso (MXN) fell during the North American session on Thursday, depreciating more than 0.5% against the US Dollar following the release of the Gross Domestic Product (GDP) in the United States (US) for the first quarter of 2024, which was weaker than expected.
New
update2024.04.26 01:45

Canadian Dollar spreads on Thursday after mixed US data flummoxes markets

The Canadian Dollar (CAD) spread on Thursday, giving a mixed performance and sticking close to familiar technical levels after US data printed in both directions early in the US market session.
New
update2024.04.26 01:30

US Dollar finds footing with mild gains following GDP and labor market data

The US Dollar Index (DXY) is seen trading mildly down at 105.75 on Thursday and struggling to gain more ground following its extended rally in April.
New
update2024.04.26 01:05

EUR/JPY Price Analysis: Rallies to almost 16-year high, buyers eye 167.00

The Euro rallied to a near 16-year high against the Japanese Yen, hitting levels last seen in August 2008, with the latter remaining the laggard in the FX space.
New
update2024.04.25 23:46

AUD/USD ends its winning streak after release of US GDP data

AUD/USD trades back below 0.6500 on Thursday, after peaking at 0.6539 earlier in the day.
New
update2024.04.25 23:09

Silver Price Analysis: Silver price could be forming a Bear Flag price pattern

Silver (XAG/USD) price may have formed a Bear Flag pattern on the 4-hour chart which bodes ill for the precious metal's price going forward.
New
update2024.04.25 22:35

US weekly Initial Jobless Claims decline 207K vs. 214K expected

There were 207,000 initial jobless claims in the week ending April 20, the weekly data published by the US Department of Labor (DOL) showed on Thursday.
New
update2024.04.25 21:53

Oil edges up as US inventories decline to lowest level since January

Oil prices edge up on Thursday as traders digest the US Crude Inventory release, which was taken as bullish for near-term prices. Overall, the release showed a chunky draw of 6.368 million barrels, which puts the US inventory at its lowest level since
New
update2024.04.25 20:45

USD/JPY climbs relentlessly ahead of BoJ meeting

The USD/JPY trades higher on Thursday, rising into the mid 155.00s, on the back of a recent step-rise in US Treasury Bond yields as the pair shrugs off yet more verbal intervention from the Japanese Finance Minister (MOF) Sunichi Suzuki.
New
update2024.04.25 20:19

NZD/USD Price Analysis: Extends winning spell to 0.5960

The NZD/USD pair extends its winning streak for the fourth trading session on Thursday.
New
update2024.04.25 20:10

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