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The FXGT Blog
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US Dollar
14 November 2024
Downtrend Dominates AUDUSD
AUDUSD continues its downtrend following Trump's election win, with the Australian dollar down over 2.5% against the US dollar since early November.
13 November 2024
Silver Slips as Dollar Strengthens
A series of key economic events this week could impact global markets, starting Wednesday with the US CPI release, followed by Australia's Employment Change on Thursday, ...
8 November 2024
Trump's Return Ignites Record Highs: Stocks, Bitcoin, and Dollar Surge on Pro-Growth Hopes
Donald Trump's re-election has ignited a surge across markets, with US stocks and the dollar reaching record highs and Bitcoin hitting an all-time peak above $76,500.
1 November 2024
The Road to the White House: Two Visions, One Crucial Decision
The 2024 US presidential election is a critical juncture in the nation's history as it confronts long-standing and emerging challenges.
29 October 2024
Tokyo Inflation Slips, Raising Uncertainty Over BOJ's Rate Hike Plans
Tokyo's core inflation falling below the Bank of Japan's 2% target in October has raised fresh uncertainty around the BOJ's approach to rate hikes. The decline in inflati...
24 October 2024
USDCAD on the Rise: Technical Reversal and Global Forces Driving Momentum
USDCAD's recent upward shift from a September low highlights a reversal driven by converging technical patterns and momentum signals.
23 October 2024
USDJPY Uptrend Accelerates Ahead of the US Presidential Elections
This week features several high-impact economic events that could influence market dynamics, including rate decisions and manufacturing data across major economies like C...
23 September 2024
Weekly Market Recap: Market Gains Amid Rate Shifts and Economic Data
During the week of September 16-20, key economic updates included central bank actions and market movements.
27 August 2024
US Dollar on the Edge: Fed Rate-Cut Pressure Meets Durable Goods Boost
The US Dollar has faced significant pressure following the Federal Reserve's indication of potential rate cuts in September, leading to a 0.83% decline in the US Dollar I...
2 August 2024
GBPUSD on the Edge: Will Nonfarm Payrolls Ignite a Market Reversal?
Despite the soft ISM Manufacturing PMI, which has consistently been below the 50 benchmark since November 2022, the Bank of England's recent 25 basis point rate cut led t...
2 August 2024
Fed Signals Potential Rate Cuts Amid Easing Inflation: Markets React with S&P 500 Gains and EURUSD Decline
The Federal Reserve's decision to maintain interest rates at 5.25% to 5.5% aligns with market expectations, signaling a cautious yet optimistic stance as inflation shows ...
30 July 2024
The Week Ahead: All Eyes on the Fed and Nonfarm Payrolls
As we approach the week of July 29 to August 2, 2024, several important economic events are scheduled to occur.