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Forex news is one of the most important factors in the Forex markets. This is why it is essential for traders to stay up to date on the latest news and developments. There are many sources of Forex news, including online sources, newspapers, magazines, and television. Here are some of the most popular sources for Forex news: 1. Online Forex News Sources: There are many websites that provide up to date Forex news. Some of the most popular sites include ForexLive, Forex Factory, and Forex Daily. These websites offer a range of news and analysis on the Forex markets, as well as a range of tools and resources to help traders make better decisions. 2. Newspapers: Newspapers are another great source of Forex news. Many newspapers have dedicated sections that cover the Forex markets and other financial markets. 3. Magazines: There are also a number of magazines that provide Forex news and analysis. Some of the most well-known magazines include Bloomberg, Wall Street Journal, and Financial Times. 4. Television: Television is also a great source of Forex news. Many news channels such as CNBC, Fox Business, and Bloomberg TV offer regular updates on the Fore
GBP/USD is still staying above 1.3322 support despite current dip. Intraday bias stays neutral at this point. With 1.3535 resistance intact, further decline is mildly in favor. On the downside, break of 1.3322 will resume the fall from 1.3725 to 1.3140 support. On the upside, though, firm break of 1.3535 will argue that pullback from 1.3725 has already completed, and bring stronger rise to retest 1.3725/87 key resistance zone.
USD/CHF's rebound from 0.7828 resumed by breaking through 0.8013 resistance and intraday bias is back on the upside. Sustained trading above 55 D EMA (now at 0.8004) will suggest that rise from 0.7828 is already correcting whole fall from 0.9200. Further rise should the be seen to 0.8170 resistance and possibly above. For now, risk will stay on the upside as long as 0.7944 support holds, in case of retreat.
In the US, minutes from the FOMC's September meeting will be released, with markets closely watching for clues on the timing of the next rate cut. We revised our call yesterday and now expect the Fed to lower rates in October, followed by quarterly reductions until July 2026.
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