Market Movers Archives - Page 18 of 46

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The Australian Dollar Takes a Hit as the US Dollar Regains its Dominance: A Look at the AUD Outlook

by admin · May 13, 2023 ·

Last week, the Australian Dollar surged to a new peak, only to fall back down as the US Dollar regained its dominance towards the end of the week. Despite this, ...

Stronger Dollar Weighs on Gold, Heading for Weekly Drop

by admin · May 13, 2023 ·

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Gold prices experienced a decline within a one-week low on Friday and are likely to record a weekly drop, due to the influence of a stronger dollar and a rise ...

AUD/USD Plummets Following False Breakout, NZD/USD Unable to Confirm Double Bottom Pattern

by admin · May 12, 2023 ·

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The AUD/USD pair has been moving sideways within a lateral channel for more than two months, with the upper and lower boundaries acting as resistance and support, respectively. However, a ...

EUR/USD DXY Index Goes Lower as Bears Regain Strength, While USD/JPY Recovers Slowly.

by admin · May 10, 2023 ·

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The US dollar continues to rebound, with the DXY index going high for the second day in a row, fueled by caution on Wall Street ahead of key inflation data ...

Bitcoin price and Liquidity Drains and Price Dip Below $28,000

by admin · May 9, 2023 ·

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Over the past few weeks, the Bitcoin price of Bitcoin has outperformed many other digital assets, indicating its domination in the market. However, despite favorable macro market conditions, Bitcoin price ...

The Gold Market takes breather: Brief Cooling Off Period in Gold Market.

by admin · May 9, 2023 ·

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Gold Market Sees Pullback, but Still Promising for Investors: Economic Conditions Drive Wealth Preservation Interest. Gold markets experienced a sharp increase, but later pulled back during Monday's trading session, signaling ...

WTI Crude Oil Rebounds Strongly Above $74.00, Focused on US GDP

by admin · April 27, 2023 ·

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Introduction: WTI crude oil is recovering from a four-week low, showing signs of a corrective bounce. Despite facing challenges such as a rebounding US Dollar and recession concerns that previously ...

South Korea’s Economy Shows Resilience: Technical Recession Avoided, Reports UOB

by admin · April 26, 2023 ·

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Hey there, folks! It's time to celebrate some good news out of South Korea! According to a recent report by UOB Group economist Ho Woei Chen, the country has successfully ...

GBP/USD Holds Steady Following Weak UK Retail Sales Report

by admin · April 21, 2023 ·

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What's up, forex traders? Today, we're talking about the GBP/USD pair, which has been facing some tough times lately. Let's dive in and see what's been going on. So, the pound ...

USD/JPY Stabilizes at Multi-Week Highs Above Mid-134.00s

by admin · April 20, 2023 ·

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The USD/JPY pair is having a bit of a dance-off, oscillating within a narrow trading band near a multi-week high. The safe-haven JPY is strutting its stuff thanks to a ...