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Sour

Canadian Dollar Weakens with Crude Oil Prices as Traders Turn Sour Before the Fed

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Canadian Dollar, USD/CAD, Crude Oil, Risk Aversion – Briefing: Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Canadian Dollar Sinks Alongside Crude Oil Prices as Sentiment Sours The Canadian Dollar was one of the worst-performing major currencies over the past 24 hours. Weakness in the Loonie followed a similarly dismal day for crude oil …

Canadian Dollar Weakens with Crude Oil Prices as Traders Turn Sour Before the Fed Read More »

Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU

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Gold, XAU/USD, FOMC, COT, ETF Holdings, SNB, BoE – Talking Points Gold prices are little changed ahead of the FOMC rate announcement Speculators and ETF traders are losing confidence in the XAU trade The Swiss National Bank and Bank of England are also on tap this week Recommended by Thomas Westwater Traits of Successful Traders …

Gold Prices Hinge on FOMC Decision as Speculators and ETF Traders Sour on XAU Read More »

AUD/USD Unfazed on China PMI Data Amid Sour Market Sentiment

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Australian Dollar, AUD/USD, China Economy, PMI – TALKING POINTS The Australian Dollar was unfazed after Chinese economic data crossed the wires China’s manufacturing PMI contracted in August, dimming economic rebound hopes AUD-sensitive Iron ore prices in China are trading lower as the US Dollar remains strong The Australian Dollar appears largely unfazed by Chinese factory …

AUD/USD Unfazed on China PMI Data Amid Sour Market Sentiment Read More »

US Dollar Latest – USD Remains Bid as Risk Markets Continue to Sour

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US Dollar Price and Chart Analysis The short-term US dollar downtrend has been broken convincingly. Risk-off sentiment dominates ahead of portfolio rebalancing. US PCE is the next look at inflationary pressures. The US dollar (DXY) looks set to test highs last seen in December 2002 as risk markets continue to crumble. The Nasdaq 100 is …

US Dollar Latest – USD Remains Bid as Risk Markets Continue to Sour Read More »

Nasdaq 100 Strained by Sour Sentiment, Traders Eye Possible 2022 Low Breakout

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US STOCKS OUTLOOK: S&P 500, Nasdaq 100 and Dow Jones extend losses after Wednesday’s decline There are no major economic releases until Tuesday next week, so sentiment should continue to dictate market direction This article looks at the key technical levels to watch for in the Nasdaq 100 over the next few days Most Read: …

Nasdaq 100 Strained by Sour Sentiment, Traders Eye Possible 2022 Low Breakout Read More »

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