USD/CAD may stage a near-term correction over the coming days as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.
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USD/CAD may stage a near-term correction over the coming days as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.
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Silver prices advance as US Dollar weakness prevails
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The benchmark DAX 30 and EU Stoxx 50 index may continue to push higher in the near term. However, the elongated wait for vaccine approval may begin to gnaw at market sentiment.
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Crude Oil prices face resistance after EIA stockpiles shrank as the Fed propelled gold prices before the BoE. WTI and XAU/USD are eyeing US jobless claims and Moderna’s likely vaccine approval.
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The Japanese Yen is at key technical levels against the Australian Dollar and Swiss Franc. Moreover, when equally weighted against its major counterparts, the Yen is set for a technical breakout fr…
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