Friday, May 27, 2022

Forex Today: Dollar struggles to find demand ahead of US inflation data

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Here is what you need to know on Friday, May 27: With risk flows dominating the financial markets on Thursday, Wall Street's main indexes...

USD/TRY Price Analysis: Doji, overbought RSI teases sellers at yearly top near 16.50

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USD/TRY remains pressured around yearly high, probes five-day uptrend. Overbought RSI, bearish candlestick formation favor pullback moves. Three-week-old bullish channel keeps buyers hopeful,...

USD/INR Price News: Rupee struggles below 78.00 as Moody’s cut India GDP forecasts

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USD/INR eyes the first weekly loss in four despite the latest inaction. Moody’s cut India’s calendar year 2022 GDP forecasts to 8.8%. US...

US and Taiwan plan to announce negotiations to deepen economic ties

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The US and Taiwan are planning to announce economic talks to deepen their ties, Bloomberg reported on Friday, citing unnamed 'people familiar with the...

US inflation expectations renew weekly top above 2.60% ahead of US PCE Price Index

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US inflation expectations, as per the 10-year breakeven inflation rate per the St. Louis Federal Reserve (FRED) data, rose for the second consecutive day...

AMC Stock News: AMC Entertainment stock extend gains amid risk-on flows

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NYSE: AMC kept advancing on Thursday, although at a slower pace. Meme stocks surge on no particular news during Wednesday’s trading. The box...

Silver Price Forecast: XAG/USD battles at $22.00 but fails and retraces towards $21.90s

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Silver prices remain under pressure and falls 0.23% on Thursday. An upbeat sentiment and elevated US Treasury yields are headwinds for XAG/USD. Silver Price...

EUR/USD hits fresh daily highs above 1.0720 on risk appetite

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US dollar remains weak, but losses are limited. Wall Street rises sharply, US yields at fresh 2-day highs. EUR/USD short-term outlook is bullish,...

USD/MXN Price Analysis: Bearish outlook, testing 2022 lows

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Mexican peso rises versus the US dollar for the third time in a row. USD/MXN stays bearish, looking at 2022 lows near 19.70....

USD/CAD to slide towards the 1.27 area – Scotiabank

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USD/CAD is little changed on the session. Looking ahead, economists at Scotiabank expect the pair to tick down towards the low 1.27s. More range...
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USD - United States Dollar
EUR
1.05
GBP
1.23
CHF
1.01
NOK
0.11
JPY
0.01
CAD
0.78
AUD
0.71