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USD/CAD Outlook: BoC to Raise Rates by 50bps Amid Tight Labor Market

Canada’s economy created 108,300 jobs in the past month, beating forecasts. Markets expect the BoC to raise rates by 50bps in December. Canada’s government spending plan...

Pound Sterling Price News and Forecast: GBP/USD appreciates further and reaches session highs near 1.1400

GBPUSD appreciates further and reaches session highs near 1.1400 The pound has continued appreciating during Friday’s US afternoon trading, buoyed by the broad-based USD weakness,...

Silver Price Analysis: XAG/USD thrashes resistance at $20.00 and approaches $21.00

Silver prices surge 7% to hit three-week highs near $21.00. The US dollar falls as US labor markets show signs of easing. XAGUSD has reached an...

GBPUSD to face downward pressure over the near-term – HSBC

GBPUSD dropped after a somewhat more dovish than expected BoE announcement. Cable is likely to face further downward pressure, given the cyclical divergence between...

Euro and Sterling rallied against U.S. dollar. Why’s that?

Euro and Sterling rallied against U.S. dollar. Why’s that? ...

GBP/USD Price Analysis: BoE Hikes by 75bps, Warns of Recession Ahead

The BoE raised rates by 75bps on Thursday, the most since 1989. The BoE warned of a looming protracted recession in Britain. The pair is falling...

AUD/USD Outlook: RBA Lowers Growth Expectations as Inflation Soars

Aussie is pushing lower due to dollar strength. The RBA reduced the forecast for economic growth in Australia. Australia’s central bank expects inflation to peak at...

U.S. Dollar continues falling. What about other currencies?

U.S. Dollar continues falling. What about other currencies? ...

US Open – Markets drift ahead of the FOMC Later – Live Analysis

The FOMC resumed its meeting today and will...

AUD/USD bulls keep the reins beyond 0.6390 support amid risk-on mood, focus on Fed

AUD/USD picks up bids to renew intraday high, prints mild gains though. Headlines from China, mixed Aussie data join downbeat DXY to favor the pair...

USD/JPY Price Turns Downside as FOMC Under Limelight

The USD/JPY pair seems determined to hit new lows. The FOMC and the NFP could be decisive. After its leg is higher, the sell-off is natural. The...

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