August 14, 2024
EUR/USD gained 0.4% in the last session.
The Euro rose 0.4% against the Dollar in the last trading session. The RSI is giving a positive signal.EUR/USD gained 0.4% in the last session.The RSI is currently in positive territory.Support: 1.0901 | Resistance: 1.0958
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August 13, 2024
Walmart: Earnings Report on Thursday
The market is eagerly awaiting Walmart’s earnings report to gain insights into consumer spending trends. After a rollercoaster week on Wall Street, this week offers fresh opportunities for insights! Wednesday: Get the latest update on inflation with the Consumer Price Index (CPI) release. Thursday: Watch for two key indicators of US consumer health: Retail Sales, […]
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August 13, 2024
Gold rises over 1% on safe-haven demand, highest since August 2nd
Gold prices rose by more than 1% to hit the highest since August 2nd, driven by safe-haven inflows as traders awaited U.S. inflation data this week that could shed more light on the Federal Reserve’s interest rate cut path. The Gold-Dollar pair skyrocketed 1.8% in the last session. The ROC is giving a positive signal.XAU/USD […]
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August 13, 2024
Oil prices jump on prospect of widening Mideast war curtailing global supply
Oil prices jumped by more than 3%, rising for a fifth consecutive session on expectations of a widening Middle Eastern conflict that could tighten global crude oil supplies. The Oil-Dollar pair skyrocketed 3.7% in the last session. According to the CCI, we are in an overbought market.WTI/USD skyrocketed 3.7% in the last session.The CCI points […]
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August 12, 2024
Rollercoaster week in US stocks leaves investors braced for bumps ahead
A week of wild market swings has investors looking ahead to inflation data, corporate earnings and presidential polls for signals that could soothe a recent outbreak of turbulence in U.S. stocks. U.S. stock volatility has surged this month as a run of alarming data coincided with the unwinding of a massive, yen-fueled carry trade to […]
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August 12, 2024
US dollar off a one-week high against major currencies
USD was off a one-week high, capping off a turbulent week as traders digested a drop in U.S. jobless claims and the prospect of a looming economic downturn. USD was down against the Japanese yen following a three-day rebound, as firmer-than-expected employment data spurred a paring back in bets for Federal Reserve interest rate cuts […]
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