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USD/CAD extends downside near 1.3750, US Initial Jobless Claims and geopolitical risks eyed

The USD/CAD pair extends its decline to near 1.3755 during the early Asian session on Thursday.
New
update2024.08.08 08:53

BoC Minutes: Members saw risk consumers could be significantly weaker than expected in 2025 and 2026

According to the Bank of Canada's (BoC) minutes from a recent meeting that was released Wednesday, the governing council saw the risk that consumer spending could be significantly weaker than expected in 2025 and 2026.
New
update2024.08.08 08:13

EUR/USD pulls into the middle just above 1.0900

EUR/USD paddled in a tight circle on Wednesday, churning just above the 1.0900 handle as Fiber traders take a breather from recent volatility sparked by a misprint in key US data last week.
New
update2024.08.08 08:08

Israel braces for potential Iranian retaliation

According to two US intelligence officials, Iran and its proxies are preparing for a potential retaliation against Israel.
New
update2024.08.08 08:00

GBP/USD struggles to find gains as markets chew on rate cut expectations

GBP/USD tested waters on the high side on Wednesday but settled the day where it started just south of the 1.2700 handle.
New
update2024.08.08 07:55

Silver Price Forecast: XAG/USD sinks below $27.00 despite geopolitical jitters

Silver's price extended its losses for the third straight day and stayed below $27.00 amid increasing geopolitical fears spurred by the Middle East conflict.
New
update2024.08.08 07:16

NZD/JPY Price Forecast: Bullish momentum continues, technicals signal further gains

The NZD/JPY pair has shown a strong bullish momentum this week, with Wednesday's 2% gain towards 88.00 suggesting that the bulls are waking up.
New
update2024.08.08 07:14

NZD/USD Price Forecast: Bulls extend gains, testing 0.6000

On Wednesday, the NZD/USD pair extended its gains rising to 0.5995 and approaching the 0.6000 level, which is a key psychological level.
New
update2024.08.08 06:07

USD/JPY Price Forecast: Soars over 1.50% on BoJ dovish stance

The USD/JPY soared late in the North American session, up by more than 1.50% or 240 plus pips, after a Bank of Japan official stated that they would not raise rates in an unstable market environment.
New
update2024.08.08 04:41

Gold price slips below $2,400 despite geopolitical tensions, Fed policy hopes

Gold price retreats below $2,400 and erases previous gains on Wednesday late in the North American session, despite rising geopolitical tensions in the Middle East and expectations for a looser monetary policy by the Federal Reserve (Fed).
New
update2024.08.08 04:29

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