Gracie
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Gold adjusted at the beginning of the week - still in an uptrend
#XAU/USD# ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) dip slightly to around $2,765 during the early Asian session on Monday, influenced by renewed demand for the US Dollar (USD). However, the downside for the precious metal may remain limited due to
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White House: Colombia has agreed to accept illegal migrants returned from the US
In a turn of events, the White House said on Monday that “Colombia has agreed to all of President Donald Trump’s terms, including unrestricted acceptance of all illegal aliens from Colombia returned from the United States (US).” Additional takeaways Fully drafted International Emergency Economic Pow
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Dollar weakening, BoJ action and Gold rising
Important news for the day Fri, 24th, JP BoJ interest rate decision. Fri, 24th, 07:30 JP BoJ press conference. Bank of Japan The Japanese Central Bank had adjusted rates, which was also previously anticipated. The rate now sits at 0.5%, which marks the highest levels since 2008. Furthermore, the Ban
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EUR/JPY declines to near 161.00 as BoJ keeps door open for rate hike
EUR/JPY loses traction to around 161.10 in Tuesday’s early European session, losing 0.62% on the day. The BoJ is anticipated to raise rates to the highest in 17 years. The ECB's dovish bets weigh on the shared currency. The EUR/JPY cross falls to near 161.10 during the early European session on Tues
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EUR/JPY Price Forecast: Tests ascending channel’s lower boundary around 162.50
The EUR/JPY cross tests the lower boundary of the ascending channel, suggesting a potential for weakening bullish bias. The bearish outlook seems possible as the 14-day RSI remains below the 50 mark. The primary barrier appears at the nine-day EMA at 161.31 level. EUR/JPY trades higher for the secon
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UK Retail Sales joins recent inflation reading to reinforce case for more BoE rate cuts in 2025
EU mid-market update: Risk appetite surges while market is laser-focused on Trump transition on Monday; Cool UK retail sales joins recent inflation reading to reinforce case for more BOE rate cuts in 2025. Notes/observations - European markets start the day on a positive note with DAX and FTSE100 hi
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Forex: Spotlight turns to senate confirmation of Scott Bessent
Today's FX market is tuned into another expected round of positive US activity data. Still, the spotlight is sharply focused on the Senate confirmation hearing for Scott Bessent, Trump’s nominee for US Treasury Secretary. If Bessent emphasizes the critical importance of the dollar’s global status to
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NFP upend markets – Forex trading on Silver in falling wedge [Video]
If you caught our last 2 videos we were looking at long on USDCAD and a short on AUDCAD. Well ,look what happened, again! Price action on USDCAD might be finishing its bull run as it has formed an ascending triangle. We will need to see a break above or a break below before determining the next run.
Pull-up Update
