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Canadian Dollar chalks in a fourth consecutive down day, Loonie falls back further
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The Canadian Dollar continues to lose ground, down 1% on the week.
Loonie traders will be looking…
PLTR loses 6.5% for the week
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Palantir stock has turned negative on the technical chart.
The 9-day SMA has crossed below its…
Gold Price Ignores Rising Treasury Yields and a US Dollar Rally. Higher XAU/USD?
GOLD, XAU/USD, US Dollar, Treasury Yields, Crude Oil, - Talking PointsGold hit the high notes again today as it scopes new highsMarkets are reassessing the outlook with equity markets reelingIf the risk-off sentiment prevails, will…
Global Market Weekly Recap: October 23 – 27, 2023
Geopolitical and economic news flow stayed elevated this week, with both good and bad developments keeping price action mostly in a range.
The War premium faded a bit early on as major escalation from Israel was pushed back through…
Gold prices surpass $2000 on geopolitical risks
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Gold price rallies to $2000 per troy ounce, bouncing back from daily lows of $1976.97.
Escalating…
Nasdaq 100, Nikkei 225 and S&P 500 all Come Under Fresh Pressure
Article by IG Chief Market Analyst Chris BeauchampNasdaq 100, Nikkei 225, S&P 500 Analysis and ChartsNasdaq 100 losses resumeLosses accelerated on Wednesday, taking the index to its lowest level since early June. A move towards…
FX Weekly Recap: October 23 -27, 2023
The Aussie dollar took the top spot this week, closely followed by the Japanese yen, both likely bid higher after strong inflation updates hit the wires from their respective countries.
And unfortunately for Loonie bulls, the Canadian…
AUD/JPY falls 0.6% as Yen rebounds, slips below 95.00
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The AUD/JPY is getting pushed back down into consolidation, slipping back beneath 95.00.
The Yen is…
USD/JPY Breaches 150 Ahead of US PCE
Japanese Yen (USD/JPY) AnalysisUSD/JPY goads Japanese officials after latest move above 150Japanese government bond yields rise, prompting more buying from the BoJUS PCE data tomorrow and the Bank of Japan meeting concludes on TuesdayThe…
WTI taps $85.50, Crude Oil rebounds on Gaza headlines
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WTI hit $85.50 as markets react to Israel expanding ground operations in the ongoing Gaza conflict.…