© Reuters. The US dollar is showing signs of strain against commodity currencies, despite the rise in yields, indicating a market shift favoring growth over rate differentials, as reported on Thursday. This situation emerges as the Federal Reserve considers potential further rate hikes that could have adverse effects on the US economy. Earlier this week,
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EUR/USD, PRICE FORECAST: WEEKLY FORECAST: Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside The Euro appears to be gaining some traction against the Greenback of late. The 1.0700 handle however has proved stubborn with EURUSD unable to maintain gains once crossing the threshold. Markets continue to remain optimistic that the Fed
The Japanese Yen weakened to 151 against the US Dollar, its lowest level since 1990, hurt by hawkish indications from the US Federal Reserve, which could widen the yield differentials between the US and Japan, which has been weighing on the currency for years. The Yen is also still reeling from the BoJ’s policy announcement
Two humanitarian corridors will allow people to flee hostilities We need to see more trucks into Gaza soon US aims for no less than 150 humanitarian trucks per day US told there will be no military operations during the pauses We believe these pauses are a step in the right direction Israel today said it
Bitcoin (BTC) Prices, Charts, and Analysis: Bitcoin looking at $37.3k as the next level of resistance. Spot ETFs would change the landscape for Bitcoin. Recommended by Nick Cawley Get Your Free Bitcoin Forecast At the end of October, we identified a Bullish Pennant pattern forming on the daily Bitcoin chart, along with a Golden Cross,
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