WTI Oil – bears regain control on demand concerns, reaction at key $60 support in focus
WTI oil price remains in red for the second consecutive, weighed by fresh demand concerns following weak manufacturing numbers and OPEC+ decision to pause oil production hikes in early 2026, with strong dollar also contributing to near-term…
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USDJPY – bulls pause for narrow consolidation, awaiting fresh direction signal
Bulls started to lose traction and the price moved into sideways mode in the last two sessions after strong post-Fed and BoJ acceleration broke above bull-channel upper boundary and above falling trendline connecting peaks of 2024 and 2025…
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EURUSD – bears hold grip, consolidation likely to precede push through important 1.1500…
The Euro continues to trend lower and pressures 1.1500 support zone (round-figure / 50% retracement of 1.1065/1.1918 rally) in early Monday’s trading.
The bear-leg that emerged from a double bull-trap at the base of thick daily cloud,…
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Dollar index approaches 100 barrier in strong post-Fed rally
The dollar index hit three-month high on steep post-Fed rally, after unexpectedly hawkish stance of chief Powell faded recent risk appetite and shifted investments into safety of greenback.
Drop in bets for Fed’s December rate cut, after…
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GBPUSD – steep decline extends through key support zone
Cable extends steep fall into fourth straight day and probes through key supports at 1.3140 zone (Fibo 38.2% of 1.2099/1.3788 rally / former higher base, consisting of May 11 and July 27 lows), hitting the lowest levels since mid-April.…
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USDJPY rallies to multi-month high in reaction to Fed / BoJ policy decisions
USDJPY jumped 1.2% in post-BoJ trading on Thursday and hit the highest since mid-February.
Fresh acceleration higher was sparked by unexpected Fed’s hawkish tone on Wednesday and extended after BoJ’s decision to keep rates on hold but…
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Fed cuts rates by 25 basis points as expected, markets see Powell’s cautious stance on…
The US Federal Reserve, in its October policy meeting, cut interest rates by 25 basis points to 3.75% - 4.00% range, as widely expected.
The policymakers voted 10-2 to lower policy rate, aiming to ease pressure on weakening labor market,…
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EURGBP hits the highest in over two years as shift in BoE policy expectations and UK budget concerns…
EURGBP hit new 2025 high and held at the highest levels since May 2023 on Wednesday.
Steep upleg from Oct 22 extends into sixth straight day, as sterling came under increased pressure from shift in monetary policy expectations which sees…
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GBPUSD extends steep decline on growing expectations for BoE rate cut
Cable hit three-month low on Wednesday, extending the steep bear-leg which emerged after strong upside rejection at daily cloud, into second consecutive week.
Fresh bears broke through important support provided by 200DMA (1.3239) and…
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WTI oil drops 2% on signals of further OPEC+ production increase
WTI oil price remains in red for the third consecutive day and accelerated lower on Tuesday, losing about 2% of its value during Asian / early European trading.
Oil price was initially deflated by optimism about potential US-China trade…
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