Gold price prediction: XAU/USD soars to above $1,900, a new multi-month high after US CPI
Following the publication of the US inflation data, gold prices reach a new multi-month high. The critical US CPI data reinforces wagers on more gradual Fed rate increases and strengthens the XAU/USD. Bulls may be discouraged from making new wagers…
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4 Global Market Updates- 12 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/CAD and GBP/USD. EUR/USD breaks through 1.0800 with the release of US CPI data. EUR/USD accelerates more quickly and overtakes 1.0800. When the DXY measures the…
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USD/JPY bulls target a breach of a major daily barrier with US CPI watched.
The US CPI report is the next significant planned driver for the USD/JPY market. The price coiling may develop an inverted daily head and shoulders pattern. The USD/JPY seeks to rise amid a light schedule in the North American session…
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4 Global Market Updates- 11 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, NZD/USD, USD/JPY and AUD/USD. EUR/USD might hit 1.09 as FX options market confidence grows - ING EUR/USD is still slightly bid. According to ING analysts, the pair is expected…
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4 Global Market Updates- 10 January, 2023
In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, AUD/USD and USD/CNH. EUR/USD might go over last May's high of 1.0785 - ING Yesterday, EUR/USD was able to edge up to a new high. ING economists predict…
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