Crude oil prices appear underpinned going into the end of the week with the market spooked by possible production cuts from Moscow and dwindling US inventory. Where to for WTI?
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Crude oil prices appear underpinned going into the end of the week with the market spooked by possible production cuts from Moscow and dwindling US inventory. Where to for WTI?
from DailyFX – Market News https://bit.ly/47X9q6t
via IFTTT
Gold prices halt their ascent after hitting trendline resistance, with traders refraining from making large directional bets on the precious metal ahead of the release of the August U.S. jobs report on Friday.
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NFP consensus points to a lower read while unemployment is set to remain at 3.5%. Earnings will be of particular focus while the both the DXY & SPX remain elevated.
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This article delves into USD/JPY, USD/CAD and USD/MXN through a technical lens, dissecting pivotal support and resistance levels that warrant close observation ahead of the August US jobs report.
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The euro came under pressure late on Thursday as stubbornly high US PCE data added to earlier weakness brought about by EU inflation and a more dovish ECB
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