Traders Not Burying Gold Just Yet

The gold spot price (XAUUSD) experienced a halt in the recent bullish run as the market repriced an additional rate hike from the Federal Reserve into the market. While recent…

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Cable Pair Contained Ahead of Key US Inflation Data

The GBPUSD currency pair was under threat from a strong US labour report on Friday that reignited the expectations of another rate hike from the Federal Reserve. However, the inflation…

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Bulls vs Bears: Dow Jones Treads Sideways 

For the first few months of the 2023 year, Dow Jones futures (CBOT: YM) traders longed for negative economic news that could motivate the Federal Reserve to opt for a…

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AUDCAD Gives Up Gains as Oil Rests and RBA Pauses 

The AUDCAD currency pair is on track to end another trading week in the red, despite an early week rally on the announcement from OPEC+ to cut its oil production,…

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Sterling Pounders the Euro Against All Odds 

The British Pound started the year with little optimism, as the outlook for their economy was among the bleakest of major developed economies. However, against all odds, it has become…

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AUDUSD Retreats After Rally Peaks at Five-Week Highs 

The AUDUSD currency pair enjoyed an OPEC-sparked rally on Monday, reaching five-week highs as yield differentials shifted back into the Australian Dollar’s favour. However, the bullish run was short-lived, as…

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Ford Look to Take Foot Off the Brakes in EV Ramp Up 

Ford Motor Company (NYSE: F) has caught investor attention as the automotive giant announced a shift in their reporting structure. The company looks to separate their EV operations from their…

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