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Rising US unemployment and recession fears have weakened the US dollar. The EUR/USD pair is nearing the key 1.10 level, poised for potential gains. Economic data and a potential Fed rate cut could...
Continued carnage on overnight markets as US recession fears and other macro concerns combine into a big selloff that is turning into a possible correction. Bond markets are rallying hard after the...
DXY is melting: AUD was fat-fingered into the abyss and then bounced. Beware a market that likes to fill the gaps: JPY is ballistic. CNY must have a carry trade: Oil broke then recovered: Metals just...
Market turbulence caused currency gains and declines in bond yields and stocks, affecting gold prices. Disappointing jobs data shifted expectations to significant Fed rate cuts, increasing market...
Global markets Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...
A turmultous Friday night that was preceded by epic falls in Japanese equities with Wall Street also falling sharply in the wake of the latest official US job report – aka the non farm payrolls –...
Bitcoin has been in a short-term downtrend. The cryptocurrency is currently correcting lower after forming a double-top pattern. Key support levels at $63,000 to $65,000 are crucial for traders to...
Recent declines have sparked fears of a bigger selloff. However, underlying trends suggest the market still remains in an uptrend. In this piece, we'll take a look at 3 factors that support the fact...