The DAX 30 continues to push higher as positive momentum spills over from the US
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The DAX 30 continues to push higher as positive momentum spills over from the US
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Gold is coming under heavy selling pressure and support levels look weak as US Treasury yields continue to press higher.
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The UK is easing coronavirus lockdown rules while concerns continue about rising Covid-19 cases in Europe, potentially weakening EUR/GBP still further.
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The delayed ratification of the EU recovery fund, and increased pace of bond-buying by the European Central Bank, may lead to further losses for the Euro against its major counterparts in the near …
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Gold prices declined 1.3% so far this week, weighed by a rising US Dollar, ascending Treasury yields and continuous ETF outflows. Traders are eyeing a near-term support level at US$ 1,700.
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