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Tag: dxy

Silver Price Forecast: XAG/USD falls after early gains from $29, near-term outlook remains firm

Silver price retreats from day’s high amid no signs of retaliation from Iran after limited airstrike from Israel. Fed’s hawkish guidance fails to prompt US...

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Gold refreshes all-time peak above $2,400 before retracing on risk aversion, strong USD

Gold reaches record $2,431, then pulls back amid stronger US Dollar and reduced inflation concerns. Geopolitical tensions between Iran-Israel spark market volatility, initially raising...

Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets

Treasury bonds and the U.S. dollar index (DXY) surged as traders flocked to hedges, while key U.S. equity indices the S&P500 and Nasdaq 100...

Gold retreats as US CPI data diminishes Fed rate cut hopes

Gold drops as US inflation data complicates Fed rate cut intentions. Investors rethink Fed's monetary approach amid persistent inflation as they now expect two rate...

Gold price soars to unseen highs amid high US yields, unfazed by US jobs data

Gold hits record highs, defying US Nonfarm Payrolls spike and US Dollar gains, highlighting safe-haven status. Fed rate cut outlook adjusted after employment data, central...

ADP Employment Change Preview: US private sector expected to create 148K jobs in March

The ADP survey is expected to show the private sector added 148K new positions in March. The Federal Reserve has made it clear that...

Bitcoin Price Plunges Below $67,000, Crypto Market Sees $426 Million in Liquidations – Decrypt

Bitcoin's price dropped to below $67,000 Tuesday morning, erasing gains made over the previous week.Per data from CoinGecko, Bitcoin is down 4.6% on the...

USD/CAD trades with positive bias amid stronger USD, bullish Oil prices to cap gains

USD/CAD gains positive traction for the second straight day, albeit lacks follow-through. Reduced bets for a June Fed rate cut lift the USD to a...

Australian Dollar exhibits a sideways movement amid a weaker Chinese Yuan

Australian Dollar retraces its recent losses amid a stronger US Dollar. RBA minutes revealed that the board did not consider the possibility of increasing interest...

Forex Today: Market sentiment remains biased towards the Dollar

The Greenback maintained its constructive stance and extended the consolidative mood around the upper end of the recent range, all against the backdrop of...

EUR/USD continues slow steady recovery on profit-taking

EUR/USD continues its bounce higher as traders take profit after last week’s volatile sell-off.  The divergence between Federal Reserve and European Central Bank speakers suggests...

USD/CAD treads water near 1.3600 amid higher Crude oil prices

USD/CAD attempts to continue its winning streak on Monday. Fed member Bostic forecasted only one interest rate cut instead of his earlier projection of two...

US Dollar reclaims status as King Dollar with second week of gains with rates mattering again

The US Dollar jumps higher for the second week in a row. Traders are challenging the Fed's dovish stance, casting doubts over its forecasts...

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