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The Relative Strength Index (RSI) edges lower and reads 45 on the daily chart, below its neutral level of 50, indicating ...
Markets continue to play the waiting game and the major currencies are idling in a calm, range trading environment ahead of Friday’s Powell comments, Scotiabank's Chief FX Strategists Shaun Osborne ...
A risk-off sentiment prevails in the cryptocurrency market, as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continue their ...
AUDUSD remains in a sideways mode for the third straight day, with near term price action moving within a narrow daily cloud.
US Dollar (USD) is likely to trade in a range between 7.1780 and 7.1950. In the longer run, USD is expected to trade in a ...
Despite last week's call from the US Treasury Secretary for the BOJ to hike rates and the stronger than expected Q2 GDP, and the contraction in Q1 GDP revised away, the swaps market still see little ...
"A comparison of the figures from the International Copper Study Group with those from the Chinese National Bureau of ...
The Pound bounces at 1.3585, and returns to 1.3525 but remains within a bearish channel from Last Friday's highs. UK ...
The sharp rise in US Dollar (USD) has scope to extend to 148.30; the major resistance at 148.80 is unlikely to be tested. In the longer run, USD has likely moved back into a range-trading phase ...
In this respect, the geopolitical risk premium is likely to decline, which should have a dampening effect on the Gold price." ...
"According to this, China exported 820,000 tons of diesel and 930,000 tons of gasoline last month. For diesel, this was the ...
The bias for Australian Dollar (AUD) is tilted to the downside toward 0.6475; the major support at 0.6455 is unlikely to come into view. In the longer run, AUD is still trading in a range, probably ...