news Archives - Page 6 of 96

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USD/CAD Reaches the Top: Oil Drops, USD Surges

by admin · April 19, 2023 ·

The USD/CAD pair is making some serious waves, riding high at around 1.3425 during the first half of the European session. What's driving this impressive surge? A combination of factors, ...

AUD/USD Pops Like Champagne Cork on Hawkish RBA and Upbeat Chinese Data!

by admin · April 18, 2023 ·

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The AUD/USD pair is trading with a positive bias on Tuesday and finds support from various factors. The hawkish stance from the Reserve Bank of Australia (RBA) and the upbeat ...

Get Ready to Ride the Bull: UOB Group Experts Target 134.80 for USD/JPY

by admin · April 18, 2023 ·

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Forex experts at UOB Group, including Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, have identified a bullish trend in the USD/JPY currency pair, with upward momentum ...

Global Oil Demand to Rise by 2.32 Million bpd in 2023, According to OPEC

by admin · April 13, 2023 ·

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The world's energy market is always in flux, and according to OPEC's latest monthly report, the global oil demand growth forecast for 2023 remains unchanged at a whopping 2.32 million ...

USD/CAD nears 2-month low as bears target 200-day SMA below 1.3400

by admin · April 13, 2023 ·

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The USD/CAD pair is under selling pressure for the fourth consecutive day, dropping to a nearly two-month low on Thursday. Bears are eagerly awaiting a breakthrough of the important 200-day ...

UK Economy Stalls as GDP Remains at 0% for February

by admin · April 13, 2023 ·

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The British economy has hit a roadblock, with the February 2021 UK Gross Domestic Product (GDP) monthly release reporting a stagnant 0% growth. This unexpected news has rattled traders, especially ...