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Bitcoin is testing $92,000 once again

Bitcoin is testing $92,000 once again

Yesterday I highlighted that bitcoin has held $92,000 (or near that level) on six separate occasions since breaking above $100,000 for the first time. Another test is unfolding now with it trading perilously close to that level and at the lows of the day.Bitcoin 5...

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US December Challenger layoffs 38.79k vs 57.73k prior

US December Challenger layoffs 38.79k vs 57.73k prior

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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Reminder: It is a pseudo market holiday in the US today

Reminder: It is a pseudo market holiday in the US today

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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EURUSD analysis for January 2025

EURUSD analysis for January 2025

EURUSD Analysis: Key Levels and Price OutlookThe Euro FX futures (EUR/USD) are trading at 1.03280, maintaining a bearish bias as technical indicators on the daily chart signal selling pressure. This analysis highlights critical support and resistance levels and...

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PIMCO remains positive on UK gilts despite selloff

PIMCO remains positive on UK gilts despite selloff

Well, they're not wrong I suppose but there are domestic factors that have driven the rise in UK bond yields as well. The latest budget being of course one that market players are much alluding to. The high for 10-year gilt yields this week was 4.92% but even now at...

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Bavaria December CPI +3.0% vs +2.4% y/y prior

Bavaria December CPI +3.0% vs +2.4% y/y prior

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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The British Pound extends the selloff

The British Pound extends the selloff

The British Pound is extending the selloff that started yesterday and remains a significant underperformer among the majors. There was no fundamental catalyst behind the selloff. It was a technical one.Yesterday around noon, the UK 10Y yield made a new cycle high...

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