USD/CHF Rebounds as Weak Swiss Data Lifts Dollar
USD/CHF continues its rebound, edging closer to the 0.8100 level following the release of Swiss CPI and PMI data. FUNDAMENTAL…
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Dollar Sinks as Weak Jobs Data Fuels Rate Cut Bets
Dollar declines as traders’ factor in additional U.S. rate cuts following weak jobs data. The U.S. dollar declined sharply on…
Amazon Shares Slide 7% After AWS Growth Disappoints
Amazon shares dropped 7% after its cloud computing division reported growth figures that fell short of investor expectations. FUNDAMENTAL OVERVIEW:…
Silver Slips Below Channel Support, Eyes Further Downside.
XAG/USD appears exposed to further downside as it breaks below its ascending channel support. FUNDAMENTAL OVERVIEW: Silver (XAG/USD) remains under…
U.S. Jobless Claims Rise Slightly, Labor Market Stays Strong
Initial jobless claims edge higher but stay near expectations. The number of Americans filing initial jobless claims rose slightly to…
WTI Steady at $69.50 Amid Inventory Surge & Brazil Exports.
WTI holds steady around $69.50 amid rising U.S. crude inventories and expectations of increased Brazilian oil exports FUNDAMENTAL OVERVIEW: West…
Pound Falls as Traders Dismiss Dovish Fed Expectations
Pound Sterling falls against the US Dollar as traders scale back expectations of a dovish Fed stance FUNDAMENTAL OVERVIEW: The…
ADP Job Report Beats Forecasts, Boosts U.S. Dollar Outlook.
ADP Nonfarm Employment Change Beats Forecasts, Strengthening the USD The latest ADP National Employment Report, a key gauge of private-sector…
XRP Holds Above $2.99 Support as Traders Eye Fed Decision.
Ripple’s XRP remains above the crucial $2.99 support level, indicating a possible rebound may be underway. FUNDAMENTAL OVERVIEW: XRP broke…
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