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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
USD/JPY and USD/CAD Consolidate Ahead of Adp Employment Report

USD/JPY and USD/CAD Consolidate Ahead of Adp Employment Report

Following last week's sharp decline, the US dollar has entered a consolidation phase against most major currencies. At the same time, some instruments, including USD/JPY, are showing a moderate recovery as markets await fresh macroeconomic signals.

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USDJPY USD/JPY
Source: Action Forex
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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
AUD/NZD: a Mixed Jobs Report Meets a Critical Chart Level

AUD/NZD: a Mixed Jobs Report Meets a Critical Chart Level

The Aussie and the Kiwi are telling two very different monetary policy stories right now, and the divergence is starting to show up clearly in the cross. The RBA held its cash rate at 4.35% in August, but the hawkish tone that once dominated has faded fast: Q2 inflation cooled to 3.9% from 4.1%, prompting Goldman Sachs to abandon its call for one final hike this year.

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AUDUSD AUD/USD
Source: Action Forex
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Source: FXEmpire News Agency
1 month ago
Forex Medium Importance
US Dollar Price Forecast: NFP Week Keeps DXY, EUR/USD and GBP/USD in Focus

US Dollar Price Forecast: NFP Week Keeps DXY, EUR/USD and GBP/USD in Focus

The US dollar trades cautiously ahead of Friday's Nonfarm Payrolls report as investors assess Fed rate expectations, cooling labor market data, and the outlook for EUR/USD, GBP/USD, and the DXY.

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EURUSD EUR/USD
Source: FXEmpire
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