RaniFx
NZD/USD holds steady above 0.6050 after news of progressing US-China trade talks
NZD/USD appreciated as the US Dollar struggles due to renewed concerns over the Fed's independence.China will approve export applications for controlled items in return for the US lifting a series of restrictive measures.President Trump may choose his preferred candidate to lead the Federal Reserve
DXY makes a new low [Video]
During the TradeGateHub live trading session, the DXY made a new low. Coach provided a telescopic view on the Dollar and EURUSD, analyzing the potential completion of the current wave structures. He also shared his key level—his “line in the sand”—for Gold, and discussed the possibility of a three-d
BoJ’ Tamura: Inflation is on track, somewhat stronger than expected
The Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday that inflation is on track or moving somewhat stronger than expected. Key quotes Inflation on track or moving somewhat stronger than expected. Upward inflation risk had been elevated until March. Japan’s wage momentum sufficiently h
USD/CHF bounce faces 0.8350 test – Société Générale
USD/CHF is attempting a modest rebound from 0.8030, but remains below key resistance at 0.8350, keeping the broader downtrend intact, Société Générale's FX analysts note. Downtrend intact below key resistance "USD/CHF has experienced a steady downtrend after giving up the 50-DMA in February. It has
FOMC meeting: Probably only exciting in case of a declaration of war – Commerzbank
At least as far as the key interest rate is concerned, today's FOMC meeting is unlikely to be particularly exciting, as it is widely expected that the Fed will leave the interest rate corridor unchanged at 4.25-4.50%. The Fed thus appears unimpressed by the fact that US President Trump is calling fo
USD strengthens on geopolitical risks as oil offers CAD support – Scotiabank
The US Dollar (USD) is strengthening broadly on the back of geopolitical tensions as market participants respond to news of Israeli airstrikes launched against Iran, Scotiabank's Chief FX Strategist Shaun Osborne notes. USD benefits from classic risk aversion "The distribution of FX returns is one o
Gold outlook: US-China trade talks continue
Gold’s price has moved higher since the beginning of the week, with gold’s price currently just above $3300 per troy ounce. In today’s report we intend to discuss fundamental issues that may be affecting the precious metal’s price action and conclude the report with a technical analysis of gold’s da

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