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global markets

ECB Rate Cut Hints Pressure Euro, Markets Eye Fed
September 09 2024

ECB Rate Cut Hints Pressure Euro, Markets Eye Fed

The Euro is under pressure as the European Central Bank (ECB) hints at a potential rate cut following Eurozone inflation and GDP data, impacting EUR/USD, with key support at 1.1040.

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Anticipation Builds in Global Markets Before Key US Jobs Data Release
September 06 2024

Anticipation Builds in Global Markets Before Key US Jobs Data Release

On Friday, the EUR/USD pair was near 1.1115, the JPY strengthened to around 143 per dollar, gold held steady near $2,520 per ounce, the GBP/USD pair remained around 1.3180, and Silver traded around $28.80 during the Asian session.

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Economic Data Weighs on Markets: Dollar Stabilizes, Yen Gains, and Gold Seesaws Ahead of Fed Decisions
September 05 2024

Economic Data Weighs on Markets: Dollar Stabilizes, Yen Gains, and Gold Seesaws Ahead of Fed Decisions

The dollar index hovered around 101.3, The JPY traded around 143.6 per dollar, gold remained close to $2,500 per ounce, the GBP/USD pair traded in the mid-1.3100s, and silver prices rose by over 0.74% to trade at $28.21.

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The Dollar Index Keeps Steady While Yen Rebounds, Gold & Silver are Stagnant
September 03 2024

The Dollar Index Keeps Steady While Yen Rebounds, Gold & Silver are Stagnant

The dollar index held steady around 101.6, JPY ended its four-day losing streak, the gold remained below $2,500 per ounce, GBP/USD remained in the middle of its trading range on Monday, and the silver is trading at $28.45.

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Dollar Strengthens as US Economic Data Shapes Currency and Commodity Trends
September 02 2024

Dollar Strengthens as US Economic Data Shapes Currency and Commodity Trends

The dollar index remained around 101.7, the JPY fell below 146 per dollar, gold dropped below $2,500 per ounce, the GBP/USD pair climbed to about 1.3135 in the Asian session, and silver is trading at $28.45 on Monday morning.

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Yen Gains, Gold Rises as Markets Eye PCE Report
August 30 2024

Yen Gains, Gold Rises as Markets Eye PCE Report

The yen strengthened due to the divergent monetary policies between Japan and the US.

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Fed Rate Cut Speculation Drives Market Movements in Blustering Ways
August 29 2024

Fed Rate Cut Speculation Drives Market Movements in Blustering Ways

The EUR/USD pair trades at 1.1130, the USD/JPY pair remains under pressure around 144.50, gold climbed above $2,510 per ounce, the GBP/USD pair fell back below 1.3200, and silver negatively correlated with the dollar faced selling pressure, and is trading around $29.40.

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Fed Easing and Economic Data Shape Currency and Commodity Trends
August 28 2024

Fed Easing and Economic Data Shape Currency and Commodity Trends

Fed easing expectations and upcoming economic data have been pivotal in recent market movements.

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Geopolitical Tensions and Fed Rate Cut Expectations Shape Forex and Commodities
August 27 2024

Geopolitical Tensions and Fed Rate Cut Expectations Shape Forex and Commodities

The dollar index held steady around 100.9 on Tuesday, the JPY fell toward 145 per dollar, gold prices fell below $2,510 per ounce, GBP/USD fell below the 1.3200 mark, and silver traded above $29.90 per ounce.

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