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CADCHF Nears Significant Resistance – June 26, 2024

CADCHF Price Analysis Recent movements in the CADCHF price have seen multiple corrective bullish waves, pushing above the MA55 indicator and settling near 0.6555. Notably,...

GBPJPY Resumes Upward Momentum – June 26, 2024

GBPJPY Price Analysis The GBPJPY pair has resumed its upward momentum, achieving additional gains and reaching 202.87. This confirms its adherence to a bullish bias,...

GBP/JPY Touches First Target – Forecast for June 25, 2024

GBP/JPY Price Analysis Expected Scenario The GBP/JPY pair experienced a brief corrective bearish wave yesterday but stabilized above the additional support level of 201.40. It successfully...

EUR/JPY Approaches Target – Forecast for June 25, 2024

EUR/JPY Price Analysis Expected Scenario The EUR/JPY pair has continued its bullish movement after surpassing the 170.90 barrier, approaching the first additional target of 171.60 yesterday....

EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024

EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...

Which is the Richest Foreign Currency?

The concept of the richest foreign currency often captivates the imagination of investors, travelers, and economists alike. The strength of a currency is influenced...

Platinum Price Moves Within Tight Range – Forecast for June 18, 2024

Platinum Price Analysis The price of platinum has stabilized around the additional support level of $948.00, leading to a temporary positive rebound towards $975.00. However,...

GBP/JPY Postpones Decline – Forecast for June 18, 2024

GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...

EUR/JPY Provides Positive Signal – Forecast for June 18, 2024

Expected Scenario The EUR/JPY pair has indicated a positive signal, confirming a bullish bias with a close above 168.90, settling near 169.30. This suggests the...

Dollar Inches Higher as Traders Eye Rate Cut Clues; Euro Stabilizes

The dollar rose slightly on Tuesday as traders awaited U.S. retail sales data and comments from Federal Reserve officials, seeking clarity on the timing...

The yen fell after the Bank of Japan gave no hint of readiness to raise rates further in the coming months

Market analyst Sam Coventry wrote that the yen fell after the Bank of Japan did not signal that it was ready to raise rates...

The size of US money market funds continues to hit a record high, is $7 trillion just around the corner?

As the market expects that Federal Reserve policymakers are not in a hurry to ease monetary policy, US money market fund assets have risen...

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