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Gold moves back above its 200 day moving average

Gold moves back above its 200 day moving average

Bounce is off the 50% retracement of the years trading range The price of gold fell to the lowest level since early July in trading yesterday. Th...
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Which trend is your friend? What’s the trade? – BofA

Which trend is your friend? What’s the trade? – BofA

Bank of America on the G10 FX outlook Bank of America Global Research identifies the clearest trends signals after the risk-on rally in November....
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USDCAD tests the day’s low

USDCAD tests the day’s low

The November lows become the next targets on a break The USDCAD is back down and testing the day’s low at 1.2942. That low was reached in t...
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Mnuchin: Main goal of Pelosi call is to get funding bill on track

Mnuchin: Main goal of Pelosi call is to get funding bill on track

Secretary of Mnuchin and Pelosi to speak The stock markets have been supported today on talk that Pelosi and Mnuchin would reignite speaking with hope...
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NASDAQ trades to new session highs

NASDAQ trades to new session highs

S&P and NASDAQ trading to new all time highs The NASDAQ index continues its run to the upside and is trading at new all time highs. The index is c...
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TD trade of the week: Buy EUR/AUD

TD trade of the week: Buy EUR/AUD

It’s having a good start The weekly FX pick from TD Securities is to buy EUR/AUD. The pair is up 124 pips to day to 1.6367. They target 1.6675 w...
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European shares rebound after yesterdays declines

European shares rebound after yesterdays declines

UK’s FTSE 100 up 2%. Biggest one-day gain in 3 weeks The UK FTSE 100 is closing the day up around 2%. That is the biggest one-day gain in 3 week...
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Oil nears August levels as OPEC angst grows

Oil nears August levels as OPEC angst grows

Oil down 1.5% The OPEC+ decision was supposed to be today but trouble arose yesterday with the UAE grandstanding about the lack of full compliance and...
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GBPUSD has liftoff. Trades through 1.3400

GBPUSD has liftoff. Trades through 1.3400

Rockets above ceiling area on Brexit deal hope The GBPUSD has liftoff. As Adam posted: Looking at the hourly chart below…. ….the pair ...
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