Tag: US Dollar

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AUDUSD Drops to 2-month Low: Expert Analysis and Forecast

AUDUSD has been on a downward trend since July 11, dropping to its lowest level since May 1. The pair has broken both its...
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US Dollar Movement Ahead of Nonfarm Payrolls: Analysis and Predictions

The US Dollar has seen some mild selling pressure, hovering around 104.20 during the European session. This slight decline comes after concerns about a...
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Gold price rises as US Dollar weakens on expectations of Fed rate cuts –...

Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar...
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GBP/USD Ends Down Week Despite Sterling Uptick – Weekly Market Recap

GBP/USD struggled to gain momentum on Friday, only edging up by 0.13% as the Pound Sterling faced pressure due to the looming rate cut...
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US Dollar Unsettled by Mixed PCE Data

The US Dollar, as measured by the DXY Index, faced some challenges in bouncing back after the release of mixed Personal Consumption Expenditures (PCE)...
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Gold Price Outlook: Rising Amid Weak US Dollar Ahead of Fed Meeting

Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening...
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USD/CHF Extends Decline Near 0.8800 as US June PCE Data Looms

The USD/CHF pair is seeing a decline near 0.8800 as the US economy data looms. Despite stronger-than-expected US economy data, the Greenback is dropping,...
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GBP/USD Forecast: Weekly Analysis and Predictions

The GBP/USD pair saw a significant breakthrough last week, surpassing the 1.2859 resistance level and confirming a continuation of the rally that began at...
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Weekly EUR/USD Forecast: Latest Analysis and Updates – Action Forex

EUR/USD saw a strong rally last week, reaching a high of 1.0910. The current bias is still leaning towards the upside for the coming...
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USD/CAD Price Outlook: Analysis Before US CPI Release

USD/CAD has been trading within a tight range recently, reflecting the consolidation of the US Dollar Index and the potential rate differential between Canada...

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Stabilizing the Bond Market: Ray Dalio Emphasizes the Importance of Cutting...

Ray Dalio, the Founder & CIO Mentor of Bridgewater Associates, made a compelling case for stabilizing the bond market by emphasizing the importance of...

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