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Australian weekly Consumer Confidence 86.4 (prior 87.5)

Australian weekly Consumer Confidence 86.4 (prior 87.5)

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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4 Big reasons that UBS target US$2850 for gold

4 Big reasons that UBS target US$2850 for gold

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Japan’s Komeito leader will resign (Japan media report)

Japan’s Komeito leader will resign (Japan media report)

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Goldman Sachs like US equities higher through year-end

Goldman Sachs like US equities higher through year-end

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Broader US indices close near lows for the day

Broader US indices close near lows for the day

The US broader indices are closing the day higher but at the lows for the day. The S&P is closing up 15.40 points or 0.27% at 5823.52. The high for the day was up 34.80 points The low for the day was up 14.96 pointsThe Nasdaq is closing up 48.58 points or 0.26% at...

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Why the Canadian dollar doesn’t have a leg to stand on

Why the Canadian dollar doesn’t have a leg to stand on

The Canadian dollar is threatening to hit the worst levels since May 2020 in what would be a major range breakout. Aside from brief periods during covid and the oil price collapse in 2016 (both less than a month long), this would be the lowest level since 2003. I...

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GBPUSD can’t keep upside momentum above 200 hour MA.

GBPUSD can’t keep upside momentum above 200 hour MA.

The GBPUSD buyers had their shot to make a move today. After bouncing off a key support level at 1.2938, the price surged higher, breaking above the 100 hour MA, 100 day MA, and 200 hour MA.However, despite achieving this technical breakthrough, the buyers failed to...

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