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AUD/USD has been the worst performer among the major currencies in the past 4 weeks due to a double whammy slow-down growth effect from the US and China. RBA’s “hawkish hold” monetary policy stance...
Global markets extend losses, Nikkei plummets, Nasdaq 100 enters correction territory. Selloff attributed to recession fears, profit-taking, and geopolitical tensions. Goldman Sachs raises recession...
Futures contacts — far and away the most liquid non-physical form of gold trading purely by price — regularly “roll” from one expiry month to another, (but not consecutively), the current leap per...
Increased geopolitical tensions in the Middle East and US election uncertainty have caused a rise in safe-haven demand, particularly for Gold. The US Dollar has weakened due to concerns about a...
Dollar stays on the back foot ahead of Powell Euro gains ground after French vote Yen steady as BoJ discusses bond purchases Wall Street extends rally, gold pulls back Traders Lock Gaze on Powell’s...
The week started on a positive note but the positive vibes will likely leave their place to the chatter of scenarios regarding how the French will prevent Marine Le Pen from gaining a majority in the...
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...
USD/CHF rises rapidly after SNB lowers interest rates to 1.25% Oversold signals favor the bulls; more upside needed for a positive outlook USD/CHF turned swiftly up to test its 200-day simple...
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...
Central bank decisions from the RBA, BOE, and SNB will dominate the forex market this week. Traders should watch for potential volatility, particularly in USD/CHF and AUD/USD pairs. With both pairs...
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