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Our experts collect and analyze prime economic data to provide you valuable insights on market opportunities across forex, commodities, equities, indices, and a range of other related financial instruments.
16 Sep 2022
Pound Sterling plunges to a 37-year low of $1,135 on recession warnings
The pro-cyclical Pound Sterling hit a fresh 37-year low of $1,135 to a dollar on Friday morning as investors fear that the disappointing UK retail sales, the stronger...
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15 Sep 2022
Gold slips below $1,690/oz on soaring dollar and yields
The price of the yellow metal fell to as low as $1,685/oz, while Silver dropped to $19,30/oz on Thursday morning, extending recent losses as investors concern that the...
4 minutes read
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14 Sep 2022
Market selloff after a hotter than expected U.S. inflation data
Global financial markets have dropped sharply as a hotter-than-expected U.S. inflation-CPI print for August fuels the speculation that the Federal Reserve will continue its aggressive policy of...
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12 Sep 2022
Cryptos extend gains on a weaker dollar and ahead of Ethereum Merge
Cryptocurrencies started the new week on a strong note, with the Bitcoin breaking above the $22,000 key resistance level for the first time since mid-August, while...
5 minutes read
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09 Sep 2022
Euro recovers above $1,01 as ECB raises key rates by 75 bps
The common currency extended recent gains by 1% on Friday morning, breaking above the $1,01 level following the decision by the European Central Bank to proceed...
4 minutes read
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07 Sep 2022
WTI drops to $85b on renewed demand worries despite OPEC cuts
WTI crude oil prices extended declines towards the $85/b mark while Brent fell to as low as $91/b during Wednesday’s morning session, hitting their lowest levels since before Russia invaded Ukraine...
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