Category: FX Street

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Litecoin Price Forecast: LTC reveals second opportunity with 18% upside

Litecoin Price Forecast: LTC reveals second opportunity with 18% upside

Litecoin Price Forecast: LTC reveals second opportunity with 18% upside Litecoin price steadies at the 78.6% Fibonacci retracement level after nine consecutive down days. On July 21, LTC records the best day since the May 31 gain of 10%. The digital asset is positioned below the 50-week simple moving average (SMA), forecasting a challenging long-term...

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC at the moment of a legitimate trend change

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC at the moment of a legitimate trend change

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC at the moment of a legitimate trend change Bitcoin price on course to close the week higher and above the strategically important 50-week simple moving average (SMA) at $32,290. Ethereum price acknowledging the resistance specified by the 200-day SMA at $2,094. XRP price recovers the 50-week SMA...

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FOMC's Powell to communicate recovery remains on track despite Delta variant – TDS

FOMC's Powell to communicate recovery remains on track despite Delta variant – TDS

FOMC's Powell to communicate recovery remains on track despite Delta variant – TDS Previewing next week’s FOMC meeting, TD Securities analysts said that they expect Chairman Jerome Powell to communicate that the recovery remains broadly on track and that more progress is expected despite growing concerns from the coronavirus Delta variant. Key quotes “Powell will...

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US GDP to grow by 9.5% in the second quarter – RBC

US GDP to grow by 9.5% in the second quarter – RBC

US GDP to grow by 9.5% in the second quarter – RBC Previewing next week’s key macroeconomic events in the US, economists at RBC Economics noted that they expect the US Bureau of Economic Analysis’ initial estimate to show the US economy has expanded by 9.5% in the second quarter. Key quotes “As the economic reopening gets...

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AUD/USD steadies around 0.7370, looks to close fourth week in the red

AUD/USD steadies around 0.7370, looks to close fourth week in the red

AUD/USD steadies around 0.7370, looks to close fourth week in the red AUD/USD lost its traction after edging higher toward 0.7400. AUD/USD looks to close fourth straight week in the negative territory. US Dollar Index holds near 93.00 after mixed PMI data. The AUD/USD pair climbed toward 0.7400 during the European trading hours but lots...

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FOMC Preview: The hiking cycle is still far away – Rabobank

FOMC Preview: The hiking cycle is still far away – Rabobank

FOMC Preview: The hiking cycle is still far away – Rabobank While inflation is seen as an upside risk to the projected hiking cycle, COVID-19 and its mutations are a downside risk. Analysts at Rabobank point out there is no update of the dot plot this month, so officially the median FOMC participant will still...

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