Sagar Dua | TalkMarkets | Page 3
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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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EUR/USD Gains Firm Footing Above 1.0700 Amid Cheerful Market Mood
EUR/USD rises to 1.0740 even though Germany’s outlook appears to be dull. The ECB could deliver subsequent rate cuts to uplift poor demand prospects. The US Dollar will dance to the tunes of the US core PCE inflation data for May.
NZD/USD Price Analysis: Exhibits Sluggishness Amid Uncertainty Over Timing Of Fed Rate Cuts
NZD/USD trades sideways as investors look for fresh Fed interest rate cues. Investors see the Fed easing interest rates twice this year. NZD/USD struggles for direction with focus on US core PCE inflation data.
USD/CAD Price Analysis: Extends Its Upside On Unexpectedly Robust Preliminary US PMI Growth
The USD/CAD pair recovers strongly from 11-day low near 1.3670 in Friday’s American session.
EUR/USD Slumps Due To Weak Eurozone PMIs, Firm US Dollar
The major currency pair declines to a six-week low near 1.0670 as the Euro weakens after downbeat Eurozone’s preliminary PMIs data that suggested the economy is losing momentum.
Silver Price Forecast: XAG/USD Stays Firm Above $29 Amid Firm Fed Rate-Cut Hopes
The white metal finds buyers amid growing speculation that the Federal Reserve will start reducing interest rates from the September meeting.
WTI Posts Fresh Six-Week High Near $81.00 On Geopolitical Uncertainty And Firm Fed Rate-Cut Bets
West Texas Intermediate (WTI), futures on NYMEX, hold gains near a fresh six-week high near $80.70 in Wednesday’s Asian session.
Silver Price Forecast: XAG/USD Recovers Strongly From $29.00 On Sluggish US Retail Sales
Silver price rebounds strongly from $29.00 as slower US Retail Sales growth weighs on the US Dollar and bond yields. Sluggish US Retail Sales growth has prompted Fed rate-cut bets for September. US households cut spending on discretionary items.
GBP/JPY Recovery Stalls Near 200.00 As Focus Shifts To UK Inflation
GBP/JPY recovery appears to have slowed near 200.00 as UK Inflation comes under the spotlight. The UK annual headline inflation is expected to return to BoE’s 2% target. The BoJ postponed plans to reduce bond-buying operations.
USD/JPY Rises Further Above 158.00 As US Dollar Extends Recovery
USD/JPY moves higher above 158.00 amid firm US Dollar. The US Dollar remains firm as the Fed restricts a number of rate cuts this year to one.
USD/CAD Holds Key Support Of 1.3700 Ahead Of US Retail Sales
USD/CAD holds its key support of 1.3700 with eyes on monthly US Retail Sales data for May.
USD/JPY Price Analysis: Trades Close To Seven-Week High Near 158.00
USD/JPY rises to a seven-week high near 158.00 amid multiple tailwinds. The US Dollar strengthens as the Fed maintains hawkish guidance on interest rates. The Japanese Yen weakens as BoJ pushes plans for a reduction in bond-buying operations.
USD/CAD Remains Sideways Near 1.3750 As Investors Shift Focus To US Retail Sales Data
USD/CAD consolidates near 1.3750 with a focus on the US Retail Sales report for May. Investors see the Fed reducing interest rates twice this year against one forecasted by policymakers. The BoC may extend its policy-tightening spell in July.
EUR/USD Consolidates As Investors Look For Fresh Cues On Fed’s Policy Outlook
EUR/USD trades around 1.0700, and remains on the backfoot amid French elections uncertainty.
USD/CAD Extends Upside To Near 1.3770 On Hawkish Fed Improves US Dollar’s Outlook
USD/CAD rises further to 1.3770 as the Fed’s hawkish policy update dampens market sentiment. Fed Mester agreed that the disinflation process has resumed. Canada’s Manufacturing Sales grew by 1.1% in April on month, missing estimates of 1.2%.
EUR/USD Weakens As French Election Uncertainty, Fed’s Hawkish Narrative Weigh
EUR/USD declines to 1.0700 as the Euro weakens amid uncertainty over the French elections. ECB policymakers see a bumpy inflation path towards the 2% target. Fed’s maintenance of a hawkish outlook offsets the impact of soft US inflation data.
EUR/USD Consolidates As Investors Look For US PPI
Before the Fed announcements, the CPI report showed that US inflation cooled in May. On the month, headline inflation steadied, and the core reading grew by 0.2%, less the estimated 0.3%.
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