Stay on top of your trading with analyses of the latest market news.
Key Points: GBPUSD eased but remains near its 2024 high. The divergence in expected rate cuts between the Fed and BoE supports the strength of the British pound. Traders are eyeing U.S. inflation and payrolls data for clues on Fed …
Key Points: The Chinese yuan firmed against the U.S. dollar, reversing its three-day decline. Markets are closely watching U.S. inflation figures and China PMI for insights into economic trends. The Chinese yuan (Symbol: USDCNH) recovered from three consecutive sessions of …
Key points: Asian shares followed Wall Street futures lower, with Nvidia’s stock dropping 7.6% after earnings missed bullish expectations. Investors are closely watching U.S. jobless claims and inflation data for potential shifts in Fed policy. Asian shares declined on Thursday, …
Key points: AUDUSD holds near $0.6793, with support at $0.6759 and a target at $0.6871. NZDUSD rises to $0.6286, eyeing the next target at $0.6370, supported by a +23 point surge in business confidence. The Australian and New Zealand dollars …
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