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Gold Prices Slide Back into Fragile Support as the US Dollar Regains Strength

Gold Prices Slide Back into Fragile Support as the US Dollar Regains Strength

Gold looks set to test a recent two-and-a-half year low with US Treasury yields, and a stronger US dollar the same old drivers....
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GBP Breaking News: GBP/USD Dips as UK Inflation Rises Beyond 10%

GBP Breaking News: GBP/USD Dips as UK Inflation Rises Beyond 10%

UK inflation is back at 40-year highs. Will the BoE respond with a 75bp or 100bp hike?...
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DAX 40 Buoyed by Solid US Earnings Results Despite Pervasive Fed Hawkishness

DAX 40 Buoyed by Solid US Earnings Results Despite Pervasive Fed Hawkishness

The DAX 40 has climbed on diminishing energy woes and a generally upbeat market on the back of solid US earnings. If the Fed maintains its tightening,...
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Huge S&P 500 Gap Higher and Earnings Glow Hide Growing Financial Threats

Huge S&P 500 Gap Higher and Earnings Glow Hide Growing Financial Threats

While the US indices wouldn’t hold build upon the gains, the S&P 500 and crew nevertheless opened this past session to a serious 1.9 percent gap...
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Bitcoin and Ethereum Technical Outlook: Upside Capped

Bitcoin and Ethereum Technical Outlook: Upside Capped

Both Bitcoin and Ethereum are holding above their respective June lows. However, their overall downward bias hasn’t changed. What are the key levels...
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Oil Prices Eye EIA Inventory Data as Biden Administration Considers Extreme Actions

Oil Prices Eye EIA Inventory Data as Biden Administration Considers Extreme Actions

WTI crude and brent crude oil prices are slightly higher after news of an additional US SPR release sent prices sharply lower on Tuesday. The Biden ad...
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Japanese Yen Marches Lower vs. US Dollar, Less So Against Chinese Yuan and Crude Oil

Japanese Yen Marches Lower vs. US Dollar, Less So Against Chinese Yuan and Crude Oil

The Japanese Yen continues to lose ground against the US Dollar, but less so against the Chinese Yuan and crude oil. Will that allow for a higher USD/...
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EUR/USD Rate Rebounds Ahead of Yearly Low to Approach 50-Day SMA

EUR/USD Rate Rebounds Ahead of Yearly Low to Approach 50-Day SMA

EUR/USD appears to be on track to test the 50-Day SMA (0.9924) as it reverses course ahead of the yearly low (0.9536)....
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Asia-Pacific Markets Look Higher After Dow Jones Gains as Chinese Yuan Underperforms

Asia-Pacific Markets Look Higher After Dow Jones Gains as Chinese Yuan Underperforms

The Chinese Yuan weakened against the US Dollar despite a pullback in the DXY Index. Asia-Pacific markets look primed to gain after the second day of ...
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