EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent.
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EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent.
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Oil prices have seen some gains after the Chinese central bank trimmed lending rates, but energy demand worries will remain
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The return of US markets has seen some buying activity this morning, lifting the CAC40 and Dow off their overnight low while the Nasdaq 100 continues to consolidate.
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AUD/USD is trading 0.6% lower as the European session begins after RBA minutes and China’s LPR cuts did little to support he Aussie dollar.
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The gold price slipped today as Treasury yields rose to augment the US Dollar and ahead of Fed Chair Powel’s testimony tomorrow while the BoE has its work cut out for them. Lower XAU/USD?
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