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USD Strength Returns — What That Means for EUR/USD, GBP/USD, USD/JPY
USD Strength Returns — What That Means for EUR/USD, GBP/USD, USD/JPY The US dollar is firm again as markets wait for the next US inflation and jobs prints, keeping EUR/USD and GBP/USD under gentle pressure while USD/JPY holds at lofty levels that keep intervention chatter alive. Expect
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USD/CAD Price Forecast: Potential double top near 1.3960
The US Dollar is drifting lower from session highs around 1.3950.Downbeat US data is weighing the US Dollar, but CAD's weakness is keeping the pair afloat.The technical picture suggests a potential double top at 1.3958, with its neckline at 1.3895. The US Dollar is drifting away from Tuesday’s highs
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GBP/JPY Price Forecast: Tumbles to weekly lows, eyes on 197.00
GBP/JPY hovers just above August swing low at 197.86, a key level for bearish continuation toward 197.76, the 100-day SMA.Break below 197.70 could trigger deeper slide toward 197.00 and 196.00, before the 200-day SMA at 194.80.Buyers need recovery above 198.98 and 199.65 SMAs to regain control and a
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GBP/USD extends winning streak as US shutdown fears hit US Dollar
Pound Sterling climbs above 1.3460 as US budget gridlock sparks worries of shutdown disrupting key economic data releases.US Job Openings rise to 7.227 million, while Conference Board Consumer Confidence dips below expectations.UK GDP growth beats forecasts at 1.4% YoY, but Sterling strength mainly
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