Market Movers Archives - Page 49 of 77

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GBP/USD reaches multi-week high, seeks 1.1600 amid US supply

by admin · October 26, 2022 ·

GBP/USD rises to a brand-new six-week high, helped by several reasons. Sterling continues to be supported by Rishi Sunak's selection as the next British Prime Minister. The likelihood of additional aggressive ...

EUR/USD seems to be offered below 0.9900, with an eye on the US docket.

by admin · October 25, 2022 ·

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The trade remains at the 0.9900 barrier due to the EUR/USD. In October, the business climate in Germany remained unchanged. Later in the discussion, US Consumer Confidence will take center ...

WTI rises to $85.00 a barrel as the US Dollar drops.

by admin · October 22, 2022 ·

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Western Texas Intermediate (WTI) is anticipated to end the week down 0.55%. The demand from China and a weak US dollar supported oil prices. Because WTI purchasers cannot break through ...

Gold price forecast: XAU/USD increases on Fed shift rumors, US rates fall

by admin · October 21, 2022 ·

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The market speculates on a Fed shift as the price of gold increases by roughly 1% due to a WSJ piece. US T-bond rates decreased, which supported the gold price ...

Technical Analysis of the British Pound: GBP/USD, GBP/JPY, and EUR/GBP

by admin · October 20, 2022 ·

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TALKING POINTS IN BRITISH POUND: With this morning's news of yet another leadership transition at the UK PM position, headlines continue to push the British Pound. While the GBP/USD pair has recently ...

Silver price analysis: XAG/USD might challenge the $18.00 support

by admin · October 19, 2022 ·

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Silver continues its overnight drop back into the $19.00 neighborhood. The technical configuration promotes the possibility of more losses and is in the bears' favor. To counteract the bearish bias, ...