Bitcoin skyrockets on strong institutional buying, nears 120K target
BTCUSD hits series of new record highs, as the latest bull-leg extends into fourth consecutive day and accelerated strongly on Friday (up 4.5% for the day so far).
Bitcoin received fresh boost by increased demand by institutional…
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EURUSD – bulls hold grip for further gains after consolidation, 1.20 target comes in focus
EURUSD is holding under new high (1.1830, the highest since Sep 2021), as larger bulls took a breather for consolidation.
The single currency remains supported by the broader weakness of US dollar, which showed the worst performance in…
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GBPJPY-bulls lose traction on approach to psychological 200 barrier
GBPJPY edged lower from new one-year high, as larger bulls started to lose traction on approach to psychological 200.00 barrier.
Japanese yen remains under increased pressure after trade talks with US have failed several times and the…
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GOLD – bears tighten grip and probe again into daily cloud
Gold remains in red for the second consecutive day, pressured by stronger dollar on risk aversion as uncertainty over US tariffs rises.
Bears probe again through pivotal support at $3300 (psychological / rising daily cloud top) in…
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Japanese yen remains under increased pressure
Japanese yen fell across the board, with the recent weakness being sparked by President Trump’s decision to impose a 25% tariffs on imports from Japan.
Yen suffered the biggest losses against US dollar and Australian dollar, after the…
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RBA surprises markets by keeping rates on hold in July policy meeting
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 3.85%, as most board members preferred to wait for more evidence that inflation is slowing.
The central bank’s decision surprised markets, which had widely expected a 25…
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Gold dips on stronger dollar but key supports still hold
Gold price fell to one-week low on Monday after bulls repeatedly failed on approach to pivotal barrier at $3349 (50% retracement of $3452/$3246 bear-leg / daily Kijun-sen), with stronger dollar on risk aversion adding pressure on metal’s…
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USDJPY – dollar benefits from safe haven demand
The USDJPY pair jumps around 0.7% on Monday morning, as fresh risk aversion fuels demand for safe-haven dollar.
Monday’s acceleration penetrated daily cloud (spanned between 144.74 and 145.54) with cloud top being under increased…
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Australian dollar falls sharply on risk aversion ahead of widely expected 25 bps RBA rate cut
AUDUSD remains in red for the third consecutive day and accelerates losses in early Monday (down almost 1% in Asian / early European trading), to hit the lowest in nearly two weeks, on probe below psychological 0.6500 level.
Fresh risk…
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GOLD – bullish bias above $3325, US fiscal uncertainty underpins
Gold was firmer on Friday morning and recovered a part of post-NFP losses.
The metal is on track for a weekly gain after being in red for two consecutive weeks that adds to positive signals, as the price remains at the upper side of…
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