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GBP/USD Analysis Today 30/4: 1.25 Supports Bearish Dominance

GBP/USD briefly recovered but struggles to maintain 1.25 amid a hawkish US Fed and strong jobs data, with signs of a dollar rally fatigue emerging. ....

United Kingdom , Federal Reserve , Non Farm Payrolls ,

The future of gold prices fluctuates between Japan and the Fed

The future of gold prices fluctuates between Japan and the Fed
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Al Qahirah , Israel General , United States , Market Committee , Federal Reserve , Middle East , Federal Open Market Committee , Non Farm Payrolls ,

Yen Rebounds Vigorously Post-160 Breach as Traders Take Profits

Japanese Yen mounted a strong comeback in Asian session today after initial dip through 160 psychological support against Dollar. While the moves are exaggerated by today's thin trading volumes due to public holiday in Japan, the strong rebound is marked by widespread squaring of short positions. Traders are clearly on guard against intervention by Japanese authorities and opt for taking profits first. For now, there is no definitive signal of trend reversal yet. But Yen will likely enter a period of consolidation as the market anticipates the next significant move. ....

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An over-confident and timid RBA caught out with rising inflation

Roger J. Kerr says the RBA needs to rethink its approach to taming inflation, US economic grows slows, and the Japanese have been restrained so far on intervention on behalf of the yen ....

Rogerj Kerr , Jim Chalmers , Barrington Treasury Services , Reserve Bank , Australian Federal Government , Price Index , Treasury Bond , Dixy Index , Non Farm Payrolls , Japanese Yen , Executive Chairman ,