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Tag: Greenback

GBP/USD trades with a mild negative near 1.2640, eyes on US NFP data, geopolitical risks

GBP/USD trades with mild losses near 1.2640 on the USD’s recovery on Friday. The US weekly Initial Jobless Claims rose last week to the highest...

USD/JPY Price Looking for Bullish Continuation, Eyes on US NFP

The bias is bullish, so further growth is possible. The US data should be decisive tomorrow. Only taking out the 151.00 psychological level activates a correction. The...

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...

Dollar in the driver’s seat to start April trading | Forexlive

European traders will be greeted with an air of dollar strength upon their return from the Easter holiday. That comes as the greenback caught...

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...

USD/JPY holds positive ground around 151.50 following Japanese CPI data

USD/JPY trades on a stronger note around the mid-151.00s on Friday.  Japan’s Kishida said it was appropriate for the BoJ to maintain easy monetary policy.  Fed’s...

Gold Price Retains Momentum Near $2,200 Ahead of US GDP

The gold price bias is bullish, despite the last retreat. The US data should bring high action today. The upper median line (uml) is seen as...

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 Price Looking to Pierce 1.08, Eyes on US GDP

Despite the upbeat Spanish CPI, the EUR/USD price remains under selling pressure.  Markets await the Final US GDP Price Index for fresh momentum.  Technically, the 1.0800...

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 Weekly Forecast: Resilient Economy Boosts Greenback

Data revealed a bigger-than-expected drop in Canada’s inflation. The dollar initially weakened after a dovish FOMC meeting. Next week, traders will get to assess GDP data...

Gold fails to capitalize on falling yields amidst US Dollar rebound

Gold prices see second day of decline, falling to $2,159 after peaking at an all-time high of $2,223. The Federal Reserve's dovish stance on interest...

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