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EUR/USD Price Forecast: Hovers near 1.0500 post-ECB’s rate cut
EUR/USD remains tethered to the 1.0500 mark, rebounding slightly to 1.0498 after testing weekly lows. Technical analysis shows the pair is in a delicate balance, with potential to challenge resistance if it sustains above 1.0500. Key resistances are set at 1.0530 and 1.0600, while supports loom near
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USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps
USD/CHF jumps to near 0.8900 as the SNB cuts its key borrowing rates by 50 bps to 0.5% against estimates of a 25 bps interest rate reduction. SNB Schlegel kept the option of negative interest rates on the table in his last commentary in November. An expected growth in the US inflation pushes Fed rat
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شركة إعلانات جوجل الحل الأمثل لظهورك أمام العملاء المحتم
شركة اعلانات جوجل تُعد واحدة من أكثر وسائل التسويق الرقمي فاعلية، حيث تتيح للشركات الوصول إلى جمهور واسع بناءً على استهداف دقيق ومحدد. تقدم شركات اعلانات جوجل خدمات متخصصة تضمن ظهور العلامات التجارية في أعلى نتائج البحث أو على شبكة جوجل الإعلانية، مما يحقق معدلات تحويل أعلى وزيادة في المبيعات. تبدأ
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Risk off amid modest repricing ahead of US CPI tomorrow
Notes/observations - Market froth is trimmed as traders weigh up recent bull run and current valuations. Traders are also eyeing up US CPI reading tomorrow and jampacked schedule of rate decisions next week, highlighted by Fed, BOJ and BOE. Overall, a quieter session lacking any major catalysts. - A
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NZD/USD: Likely to trade with a downward bias – UOB Group
Scope for New Zealand Dollar (NZD) to continue to weaken; given the oversold conditions, any decline is unlikely to reach last month’s low, near 0.5795. In the longer run, NZD is likely to trade with a downward bias towards 0.5795; the likelihood of it reaching 0.5770 is not high for now, UOB Group’
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US Dollar Index outlook: Dollar Index in a quiet mode ahead release of US NFP report
US Dollar Index The dollar index is holding within a narrow range, in a quieted pre-NFP mode on Friday morning, but remains at the back foot following 0.5% drop previous day, which generated initial negative signal on close below bull-channel support line (106.08) also near Fibo 23.6% retracement of
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Euro holds up 'notably well' amid political fallout in France – ECB 25bp cut 'set in stone'
The euro has held up surprisingly well to the political wrangling in France. Admittedly, the passing of the no confidence vote was already priced into the value of the common currency, but the fact that the euro actually rallied on Thursday is notable and suggests that markets are not overly concern
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EUR/USD: Interim bottoming is quite possible – OCBC
French lawmakers have voted. Both the left and right wings united to reach a combined vote of 331, well above the 288 simple majority needed. PM Barnier has lost a vote of no-confidence. In Germany, chancellor Scholz is expected to call for a vote of confidence on 11 Dec and the Bundestag will vote
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Weekly technical outlook – USD/JPY, USD/CAD, EUR/GBP [Video]
USDJPY marks new lower lows. Will US jobs data worsen the outlook? USDCAD trades neutral, Canadian jobs on the agenda too. EURGBP falls to recent lows ahead of Lagarde’s commentary. US Nonfarm Payrolls – USD/JPY The US dollar took a hit last week after its eight-week rally against six major currenci
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Crypto boom still ongoing with XRP roaring, metals well supported
Important News the week Tue, 03rd, 16:00 CET US JOLTS job openings. Wed, 04th, 14:15 CET US ADP employment change. Fri, 06th, 14:30 CET US Nonfarm payrolls. Fri, 06th, 14:30 CET CA Unemployment claims. Crypto markets Crypto markets remain positive. The strong upside might be due to continue, whereas
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Bad news weigh on the Euro [Video]
December doesn’t arrive with chocolate and flowers to Europe. First, Stellantis CEO resigns on weaker sales and tumbling profits. Second, VW workers are expected to walk out as early as today, because their labour leaders couldn’t reach an agreement on how to reduce costs to prevent factory closures
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Pull-up Update