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The sell-off in Nvidia (NASDAQ:NVDA) deepened yesterday and sent the shares into the correction territory following a 10% sell-off. Nvidia shares erased around $430 bn in market cap over the past...
The US dollar has reached a two-month high. Key market movers this week include the PCE inflation data and comments from Fed officials. The euro struggles amid political uncertainty in Europe, while...
The week kicks off on a weak note following a moody trading session across Europe and the US on Friday. One of the most significant moves of last two trading days of the US was a 10% selloff in...
The euro has edged lower on Friday. EUR/USD is trading at 1.0687 in the European session, down 0.14% on the day. Is the Eurozone Economy Slowing Down? The week ended on a sour note in Europe as June...
Gold Is Rising After News From the Middle East At the close of yesterday's session, the XAU/USD pair rose by 1.36%, showing the largest daily growth in the last month. The price broke through the...
Appetite in Europe was weak yesterday in the absence of American markets. The French CAC40 remained firmly offered near its 200-DMA and fell 0.77%, the European Stoxx 600 index retreated 0.17%, and...
It will be a quick update today, as the situation is almost identical to what it was in the previous days. In other words, the situation is developing in line with what I wrote previously. Quoting my...
BoE is set to decide on monetary policy on Thursdaay. Consensus assumes the central bank will hold steady at least until UK general elections. But a dovish surprise is always in the cards and may...
Gold Trades Sideways Awaiting for US Retail Sales Data On Monday, the exchange rate for XAU/USD fluctuated between 2,310 and 2,328. Market participants were awaiting a series of economic reports and...
The euro is steady on Monday. EUR/USD is trading at 1.0732 in the North American session, up 0.29% on the day. French election triggers market turmoil France’s financial markets took a tumble late...
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