Mes: agosto 2023

Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

The crude oil price has maintained overnight gains despite a tough day for risk assets after Fitch downgraded US sovereign debt saw equity markets retreat lower. Higher WTI?

from DailyFX – Market News https://bit.ly/3rLDHVi
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Euro Lifted Slightly by US Downgrade, but Will it Last? EUR/USD, EUR/AUD, EUR/NZD Price Action

EUR appears to be slightly supported after Fitch downgraded US ratings. Still, monetary policy and growth differentials suggest the single currency is unlikely to benefit much. What is the outlook for EUR/USD, EUR/NZD, and EUR/AUD?

from DailyFX – Market News https://bit.ly/3Oh4KiP
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Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?

The gold price is in the middle of its recent range near US$ 1,950 going Wednesday after a US Dollar rally before Fitch downgraded US sovereign debt. It may trigger some volatility. Where to for XAU/USD?

from DailyFX – Market News https://bit.ly/3q672tn
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US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?

The US Dollar and Dow Jones took a plunge after Fitch downgraded the US credit rating amid fiscal deficits and an aging population. Will these moves be sustained?

from DailyFX – Market News https://bit.ly/3rXIiUI
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