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Tag: Greenback

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

Forex
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...

USD/JPY Price Remains Strong Amid Upbeat US Data

Forex
The bias remains bullish as long as it stays above R2. A new higher high activates further growth. Failing to stay above the median line (ml)...

Intraday Analysis – The Dax Attempts Another Record – Orbex Forex Trading Blog

Forex
GER 40 holds on to gains The Dax 40 saw another record high has the economy brushed off recession fears. Bears have had a...

GBP/USD holds above the 1.2700 mark, UK CPI, Fed rate decision eyed

Forex
GBP/USD trades on a weaker note near 1.2719 on the stronger USD.  The Fed is likely to keep its benchmark rate steady on Wednesday.  UK CPI...

USD/CAD Price Pauses by 1.3580, Focus on Canadian CPI

Forex
The USD/CAD bias is bullish despite minor retreats. The false breakouts signaled exhausted buyers. The Canadian inflation data should bring sharp movements. The USD/CAD price is...

FOMC Meeting: Time To Announce a Cut? – Orbex Forex Trading Blog

Forex
There are a lot of expectations ahead of the conclusion of the FOMC meeting which concludes tomorrow. Not because there is much chance of...

Mexican Peso plummets amid Fed’s hawkish tilt speculation

Forex
Mexican Peso depreciates as local markets close for Benito Juarez’s birthday, USD/MXN aiming above 16.80. Banxico is widely anticipated to reduce interest rates slightly...

Intraday Analysis – The Dollar Awaits Fed’s Signal – Orbex Forex Trading Blog

Forex
EURUSD hitting resistance The US dollar gained over 80 pips as traders prepared for a dovish Fed testimony. A drop below 1.0930 shows...

EUR/USD Price Paused Losses Ahead of 1.0867 Support Post PPI

Forex
The bias remains bullish as long as it stays above the median line (ml). A new lower low activates more declines. The US economic data should...

The Week Ahead – All Eyes on the Fed – Orbex Forex Trading Blog

Forex
GBPUSD falls back in the channel The pound slipped against the dollar after progressive retail and PPI data came out of America. It will...

Gold Price Shows Overbought Signs Ahead of US CPI

Forex
XAU/USD escaped from an up channel, signaling an overbought situation. Taking out the pivot point activates more declines. The US inflation figures should shake the markets....

AUDUSD trading below 0.66200, while AUDNZD at 1.07472

Zephyrnet
The Australian dollar (AUD) has been experiencing some interesting movements in the foreign exchange market recently. One notable development is the AUDUSD pair trading...
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