Due to the downside condition in the background and bear flag pattern in creation. I see potential for the further downside movement.
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EUR/USD regains traction and bounces off daily lows
After bottoming out near 1.0450, EUR/USD managed to regain some balance and revisit the 1.0470 zone on the back of alternating risk appetite trends in the FX world and amid investors' assessment of the German elections.
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GBP/USD hovers around 1.2630 amid a vacillating Dollar
GBP/USD alternates gains with losses in the low-1.2600s in response to the lack of a clear direction in the global markets and a lacklustre price action surrounding the Greenback.
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Gold extends consolidative phase near record highs
Prices of Gold glimmered higher on Monday, hitting an all-time high around $2,955 per ounce troy on the back of the US Dollar's inconclusive price action as investors are warming up for a key inflation report due toward the end of the week.
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Bitcoin Price Forecast: BTC standoff continues
Bitcoin has been consolidating between $94,000 and $100,000 since early February. Amid this consolidation, investor sentiment remains indecisive, with US spot ETFs recording a $540 million net outflow last week, signaling institutional demand weakness.
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Money market outlook 2025: Trends and dynamics in the Eurozone, US, and UK
We delve into the world of money market funds. Distinct dynamics are at play in the US, eurozone, and UK. In the US, repo rates are more attractive, and bills are expected to appreciate. It's also worth noting that the Fed might cut rates more than anticipated, similar to the UK. In the eurozone, unsecured rates remain elevated.
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The Best brokers to trade EUR/USD
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