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XAUUSD consolidates as investors focus on the US PCE reading due on Friday, June 28th.
article

25 Jun 12.01

XAUUSD consolidates as investors focus on the US PCE reading due on Friday, June 28

A lower-than-expected PCE reading may contribute to a much anticipated rate cut. However, a stronger inflation reading could force the Fed to delay policy easing. As of 06/25/2024 (03:18 CT), the markets are pricing in a 74.3% probability of a September rate cut.

USDJPY is moving back towards 160.
article

24 Jun 09.16

USDJPY is moving back towards 160.

This popular FX pair is moving back towards 160 – a price area which triggered the largest-ever intervention by the Japanese government on its currency. Traders will be keeping one eye on intervention risks.

LATEST ANALYSIS
XAUUSD consolidates as investors focus on the US PCE reading due on Friday, June 28th.
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25 JUN clock 12:01

XAUUSD consolidates as investors focus on the US PCE reading due on Friday, June 28

A lower-than-expected PCE reading may contribute to a much anticipated rate cut. However, a stronger inflation reading could force the Fed to delay policy easing. As of 06/25/2024 (03:18 CT), the markets are pricing in a 74.3% probability of a September rate cut.
USDJPY is moving back towards 160.
icon
24 JUN clock 09:16

USDJPY is moving back towards 160.

This popular FX pair is moving back towards 160 – a price area which triggered the largest-ever intervention by the Japanese government on its currency. Traders will be keeping one eye on intervention risks.
BRN is under pressure after reaching above $85.00 level
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21 JUN clock 10:22

BRN is under pressure after reaching above $85.00 level

BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
Nvidia is up ~2.69% on the pre-market
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20 JUN clock 12:39

Nvidia is up ~2.69% on the pre-market

The company's chips continue to be at the center of AI development. According to Bloomberg, the company's market share is estimated to be between 70% and 95% of the AI chip market.
XAUUSD, Calm before the Storm?
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19 JUN clock 12:09

XAUUSD, Calm before the Storm?

XAUUSD on a 4-hour chart has coiled into a pennant and is primed for a breakout.
BTC rebounds after briefly touching below $65 000
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19 JUN clock 11:03

BTC rebounds after briefly touching below $65 000

Uncertainty over highly anticipated interest rate cuts is weighing on BTC as well as on the broader crypto market.
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