Sagar Dua | TalkMarkets | Page 1
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Sagar Dua is associated with the financial markets from his college days. Along with pursuing post-graduation in Commerce in 2014, he started his markets training with chart analysis. Eventually, he got well-versed with fundamental concepts and technical analysis. Later, he became an Assistant ...more

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USD/JPY Corrects Slightly Below 161.00 As Japan’s Intervention Fears Intensify, US NFP Eyed
USD/JPY falls slightly below 161.00 as the US Dollar is under pressure due to firm Fed rate-cut prospects. Fears of BoJ’s intervention to support the Japanese Yen have intensified.
AUD/USD Strengthens On Hopes Of Narrowing Fed-RBA Policy Divergence
AUD/USD holds gains near a five-month high of around 0.6730 on firm hopes that the Fed-RBA policy divergence will be narrowed soon.
USD/CAD Price Analysis: Seems Vulnerable Near 1.3600 Ahead Of US/Canada Employment
USD/CAD sees more downside below 1.3600 as the US Dollar remains on the backfoot. Easing US labor market strength and rising concerns over economic outlook have weighed on the US Dollar.
EUR/USD Turns Quiet With US NFP And French Elections In Focus
EUR/USD consolidates in a tight range slightly below the round-level resistance of 1.0800 in Thursday’s European session.
EUR/USD Advances As US Dollar Corrects And Eurozone Core Inflation Remains Sticky
EUR/USD moves higher to 1.0780 as the US Dollar corrects, and the preliminary Eurozone service inflation for June remains sticky. The US Dollar declines as Fed’s Powell remains confident that disinflation has resumed.
XAG/USD Jumps Higher Above $30 As Fed Powell Prompts Optimism On Rate Cuts
Silver price surges to near $30.50 as unexpectedly weak US ADP Employment data weighs on the US Dollar. Fed Powell admitted slight progress in inflation. Investors await the US ISM Services PMI and the FOMC minutes.
AUD/USD Exhibits Sideways Trend Below 0.6700 With US Labor Market Data In Focus
AUD/USD trades sideways below 0.6700 for more than two weeks. The RBA could tighten its monetary policy further as disinflation appears to have reversed. Investors await the US ADP Employment Change and the ISM Services PMI for June.
Pound Sterling Clings To Gains Ahead Of US Data, UK Elections Outcome
The Pound Sterling holds gains against the US Dollar as Fed’s Powell seems confident that disinflation has resumed.
AUD/USD Recovers As US Dollar Consolidates Gains, Fed Powell’s Speech In Focus
AUD/USD bounces back as the US Dollar gives await its entire intraday gains. The market mood remains uncertain ahead of Fed Powell’s speech. RBA officials considered further policy-tightening in June but ended keeping interest rates unchanged.
EUR/USD Falls Slightly With Eurozone Inflation And Powell’s Speech In Focus
EUR/USD corrects to near 1.0720 as the US Dollar recovers despite weak US Manufacturing PMI data. The Euro remains on tenterhooks ahead of the preliminary Eurozone HICP report for June.
USD/CAD Extends Upside As US Dollar Recovers Ahead Of US Manufacturing PMI
USD/CAD rises further to 1.3700 as the US Dollar bounces back with US ISM Manufacturing PMI in focus. An expected decline in the US core PCE inflation boosts Fed rate-cut hopes.
USD/CHF Rises To Near 0.9000 Despite US Dollar Declines After Soft US Inflation Report
USD/CHF jumps to 0.9000 even though soft US core PCE inflation for May dampens US Dollar’s appeal. Fed officials want to see inflation declining for months before considering rate cuts.
EUR/USD Rises As US Dollar Declines Ahead Of US Core PCE Inflation Reading
EUR/USD edges higher near 1.0700 ahead of US core PCE Inflation data for May. The US Dollar drops on firm Fed rate-cut prospects. The near-term outlook of the Euro is uncertain ahead of French elections and the Eurozone preliminary HICP.
USD/JPY Posts Fresh Multi-decade High Above 161.00 Ahead Of US Inflation Release
USD/JPY rises above 161.00 amid firm US Dollar ahead of the US Core PCE Inflation. US inflation data is expected to have softened in May. Fears of Japan’s intervention have intensified as Yen weakened to 161.00 against the US Dollar.
AUD/USD Edges Higher To 0.6660 As US Dollar Eases Ahead Of US Core PCE Inflation
AUD/USD finds bids near 0.6625 but remains sideways for more than a week. The US core PCE inflation for May will guide the next move in the US Dollar. Hot Australian CPI boosts prospects of more rate hikes by the RBA.
Pound Sterling Exhibits Caution Ahead Of US Core PCE Inflation
The Pound Sterling rises slightly against the US Dollar but the overall direction remains uncertain.
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