Market Movers Archives - Page 27 of 46

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USD/CAD gains are restrained by increasing Oil prices in the mid-1.3300s.

by admin · November 25, 2022 ·

Although it doesn't follow through, USD/CAD rebounds off the weekly low it reached earlier on Friday. The demand for the USD is rekindled, and the major gains some support from ...

NZD/USD bulls eye 0.6300 as Fed expects no more rate rises

by admin · November 24, 2022 ·

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NZD/USD has cleared the significant threshold of 0.6250 during a risk-on solid trend. Federal Reserve officials favor the interest rate rise slowing regime to lower financial risks. The New Zealand ...

GBP/USD hovers barely below mid-1.1900s ahead of US data/FOMC minutes.

by admin · November 23, 2022 ·

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GBP/USD rises for the second day and reaches a new weekly high. Bets on the Fed raising rates less aggressively weigh on the USD and strengthen the pair. The GBP ...

USD/CAD Price Analysis: Bulls not giving up at 1.3400

by admin · November 22, 2022 ·

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Renewing selling pressure is applied to USD/CAD, which is also impacted by other variables. A rise in oil prices supports the Canadian dollar and puts pressure on it amid general ...

The EUR/USD is still under pressure at 1.0250.

by admin · November 21, 2022 ·

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Around EUR/USD, the selling pressure is still intense. When the DXY follows the dollar, it trades at multi-session highs. In October, the Chicago Fed National Activity Index deteriorated. At the ...

Australian Dollar Forecast: Caught in the US Dollar Vortex

by admin · November 19, 2022 ·

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Forecast for the Australian Dollar: Neutral The US Dollar halted the Australian Dollar's ascent. Before the hawks got involved, prospects of a Fed turn were fueled by a lackluster US PPI. Despite solid ...

EURGBP Price Analysis: Bears eye range support around 0.8700

by admin · November 18, 2022 ·

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Renewing selling pressure causes EURGBP to see a decline to almost two-week lows. On short-term charts, the rectangle pattern that forms suggests that traders are still determining their next move. Before ...

USD/IDR Price Analysis: Nears $15,700 before Bank Indonesia Rate Decision

by admin · November 17, 2022 ·

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USDIDR has a four-day rise and recently oscillated around an intraday high. The benchmark rate will likely rise by 50 basis points by Bank Indonesia. A breach to the upside ...

Gold Price hovers above $1,780, its highest since mid-August.

by admin · November 16, 2022 ·

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Despite a weaker US Dollar, Gold maintains stability at its highest level since mid-August. The dollar is affected by bets on the Federal Reserve raising rates less aggressively. The USD ...

EURUSD soars over 1.0400, reaching 3-month highs.

by admin · November 15, 2022 ·

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On Tuesday, the EUR/USD regained its upward trend and exceeded 1.0400. Near 106.00, the dollar plunges to fresh 3-month lows. Villeroy of the ECB paved the way for more adaptable ...