This was a Monday about as interesting as watching paint-dry, but for the reasons we outlined this morning, the week could hold plenty of action. GBPUSD is one currency pair that may be mispriced at present. The post-election bump to the Aussie faded as in almost perfect synchronicity with the Read More GBPUSD Ready for [...]
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Investors unnerved by disappointing US jobs data and fears that Hungary is facing a Greece-style debt crisis. Read More Global markets tumble on US jobs and Hungary crisis fears
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A USDCHF bullish count indicates that a 3rd of a 3rd wave advance may be underway to much higher levels. Price needs to stay above 10433 in order for me to remain confident in this count. Read More Is the Swiss Franc about to Tumble
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Fundamental and technical interests are working together to prevent crude oil from fully developing a renewed bull trend. From price action itself on the benchmark commodity, bulls seem to have lost conviction just below a frequently tested and repeatedly fortified range high in $83. Read More Another Stalled Drive in Risk Appetite and Tumble for [...]
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Gold has been weighed as a safe haven and the precious metal was found wanting. One of the commodity’s primary roles in the financial markets is a harbor for capital. Read More Gold Suffers its Worst Tumble since January as Demand for Safety Clearly Favors the Dollar
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The Canadian dollar is ending this week’s session as the worst in more than two months as stocks and commodities, extremely influential to determine the rates and sentiment for the loonie dropped, setting the North American currency losing streak further down.(…)Read the rest of Canadian Dollar to Tumble Further? (164 words) Posted on Forex News. Read More Canadian Dollar to Tumble Further
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