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Oil: Gets thrown a lifeline by API inventory data
Risk assets are exhibiting symptoms of distress as lawmakers haggle over the vital lifeline for millions of jobless Americans as Covid-19 continues to wreak havoc on the US economy, disrupting people's lives as consumer fear of the virus is starting to show up in the economic data and earnings repor
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Opinion: Here's the best way to hedge the weakening U.S. dollar and buying gold isn’t the move
Don’t look for gold to hedge a falling dollar. That may be a surprise since gold GC00, +0.49% is often the first asset that investors think of when wanting to hedge against currency devaluation. Gold’s reputation has been strongly reinforced since mid-May, as the U.S. Dollar Index DXY, +0.04% has lo
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USD index outlook: Dollar index falls to new two-year low after brief consolidation; fed in focus today
US DOLLAR INDEX
The dollar index fell to new two-year low (93.32) on Wednesday, signaling that brief consolidation is over and bears re-take full control. Dollar's steep fall broke below major Fibo support at 94.12 (61.8% of 88.14/103.80) this week and also penetrated the top of thick monthly cloud
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Dow Jones Industrial Average Index (CURRENCYCOM:US30)
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels a...
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What's new on the stock markets today ?
I think during this pandemic the stock market is like a race and everybody is gearing up to be the best.
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Employment in Cana will experience growth at a very slow rate.
Next Friday, the official work report for July is expected in Canada. Experts at RBC Capital Markets anticipate a positive change in work of 400K, beneath advertise accord of 653K. Key Quotes: "Canadian work showcases most likely kept on looking somewhat better in July. Despite the fact th
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Hey guys! Hope you're all having a great weekend. So what's on the news of the trading world today?
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- Wall Street's principle files an exchange the negative area on Friday.
- Apple and Facebook lead tech rally on cheery income reports.
- Under Armor falls strongly on horrid standpoint for second...
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Bitcoin is My Choice
Bitcoin is currently trading at about $11,258, up approximately 17% since last week and 54% since the beginning of the year. Meanwhile, the price of gold hit an all-time high on Monday, climbing more than 7% since the beginning of the month. Most of my investments have been in bitcoin
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Pull-up Update
