Market News

MARKET NEWS

February 2, 2022
AUD/USD withdraws from week after week top close 0.7150 as RBA’s Lowe sounds wary

AUD/USD withdraws from week after week top close 0.7150 as RBA’s Lowe sounds wary AUD/USD bulls rest around the week by week top, facilitating to 0.7135, on RBA Governor Philip Lowe’s mindful confidence during early Wednesday. All things considered, the danger gauge stays firmer for the third successive day up 0.12% intraday at the most

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February 1, 2022
Gold holds in bullish territory, bulls anticipate the RBA to doubtlessly weigh the dollar down

Gold holds in bullish territory, bulls anticipate the RBA to doubtlessly weigh the dollar down At $1,797.38, Gold (XAU/USD) is flat in Asia as markets consolidate earlier than what should come to be a risky set of buying and selling days beforehand for the relaxation of the week. The monetary calendar is jam-filled with occasions

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January 31, 2022
EUR/USD bears are in town, but face an important long-term support wall

EUR/USD bears are in town, but face an important long-term support wall EUR/USD is up barely on the begin of the week, buying and selling 0.10% better on the time of writing. The bulls are enticing at a crucial aid degree at the charts, as illustrated below. Meanwhile, the greenback remains close to a 12

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January 28, 2022
GBP/JPY tracks sustained break above 154.75 amid impending bearish crossover

GBP/JPY tracks sustained break above 154.75 amid impending bearish crossover GBP/JPY builds on three-day bullish momentum as bulls eye maintains movement above recent highs near 154.75. The ongoing recovery over the past decade can be attributed to the Fed’s hawkish outlook on interest rates and a shrinking balance sheet, which sent USD/JPY up sharply along

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January 27, 2022
USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed.

USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed   USD/JPY justifies hawkish Fed showdown whilst taking the bids close to 114.75, up 0.15% intraday to refresh weekly pinnacle as Tokyo opens for Thursday. The yen pair rose the maximum in 3 weeks after the United States Federal Reserve

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