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Editors’ Picks

EUR/USD turns negative near 1.0760

EUR/USD turns negative near 1.0760

The sudden bout of strength in the Greenback sponsored the resurgence of the selling pressure in the risk complex, dragging EUR/USD to the area of daily lows near 1.0760.

EUR/USD News

GBP/USD comes under pressure and challenges 1.2500

GBP/USD comes under pressure and challenges 1.2500

GBP/USD now rapidly loses momentum and gives away initial gains, returning to the 1.2500 region on the back of the strong comeback of the US Dollar.

GBP/USD News

USD/JPY gains following dismal US consumer report

USD/JPY gains following dismal US consumer report

USD/JPY climbs after worse-than-expected US consumer sentiment data. Recession fears reignited as Americans became less optimistic about the economy. A jump in US inflation expectations underpins US yields and the Greenback.

USD/JPY News

Editors’ Picks

EUR/USD turns negative near 1.0760

EUR/USD turns negative near 1.0760

The sudden bout of strength in the Greenback sponsored the resurgence of the selling pressure in the risk complex, dragging EUR/USD to the area of daily lows near 1.0760.

EUR/USD News

GBP/USD comes under pressure and challenges 1.2500

GBP/USD comes under pressure and challenges 1.2500

GBP/USD now rapidly loses momentum and gives away initial gains, returning to the 1.2500 region on the back of the strong comeback of the US Dollar.

GBP/USD News

Gold retreats from highs on stronger Dollar, yields

Gold retreats from highs on stronger Dollar, yields

XAU/USD trims part of its initial advance in response to the jump in the Dollar's buying interest and the re-emergence of the upside pressure in US yields.

Gold News

XRP tests support at $0.50 as Ripple joins alliance to work on blockchain recovery

XRP tests support at $0.50 as Ripple joins alliance to work on blockchain recovery

XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation. 

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Week ahead – US inflation numbers to shake Fed rate cut bets

Week ahead – US inflation numbers to shake Fed rate cut bets

Fed rate-cut speculators rest hopes on US inflation data. After dovish BoE, pound traders turn to UK job numbers. Will a strong labor market convince the RBA to hike? More Chinese data on tap amid signs of slow Q2 start.

Read more

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