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Gold price is declining below the $2,700 support zone. Crude oil price is rising and it could climb further higher toward the $75.00 resistance. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today Gold price failed to clear the $2,800 resistance and corrected lower against the US Dollar. There is a key bearish […]

The post Gold Price Takes Hit While WTI Crude Oil Eyes Upsides appeared first on Action Forex.

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USDJPY Hits 14-Week High Amid US Election Dynamics

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22/04/2024

EUR/GBP: Rallies for the second day as dovish comments from BoE officials deflate Pound

EURGBP extends strong rally into second straight day and hit the highest in 4 ½ months on Monday, as the pound was hit by dovish comments from BoE officials, who shifted their initial view and expect inflation to ease further and remain around the central bank’s 2% target for next couple of years. The pair […]
30/09/2024

Japanese Yen Soars on Japan’s Political Drama

The Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. Incoming PM Ishiba says he’ll call snap election The yen soared on Friday but it was in response to political rather than economic developments. The ruling Liberal Democratic Party (LDP) unexpectedly […]
15/10/2024

USD/JPY Faces Resistance Amid Geopolitical and Economic Uncertainties

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