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Browsing: Today’s Pick
USD/JPY dips Yen stages a modest rebound, with traders focused on upcoming Fed and BoJ policy decisions that could shape near-term direction.
Crude oil breaks out of consolidation, signaling bullish momentum with potential to rally toward the $71.84 resistance zone.
Gold turns bearish as prices break below a key triangle pattern, signaling increased downside pressure and a shift in short-term momentum.
Gold shows signs of technical weakness following a breakdown, while silver remains resilient, diverging from broader precious metals trends.
Forex Market Update: US Dollar Rally Pauses as Focus Turns to Economic Data and US-China Trade Talks
The U.S. Dollar rally pauses as traders turn their attention to upcoming economic data and progress in US-China trade talks.
Gold price holds below $3,340 as traders stay cautious ahead of key Federal Reserve policy signals that could sway market momentum.
GBP/JPY slips below 198.00 as risk aversion fuels demand for the safe-haven Yen, pressuring the Pound despite relatively stable UK data.
The U.S. Dollar strengthens on trade deal optimism, with AUD/USD, NZD/USD, and USD/JPY approaching key breakout levels.
Silver trades near $37.50 support as bulls attempt to defend key levels. A breakdown below could signal a shift in market momentum.
The Australian Dollar holds firm as traders await key inflation data and monitor developments in US-China trade negotiations.