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  • admin
  • May 21, 2024
  • Market News

Silver Stalls at Crossroads: Bullish Continuation or Correction?

Silver prices (XAG/USD) are currently consolidating in the $31.60s after reaching a new eleven-year high on Monday. This pause presents a technical crossroads, hinting at either a...
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  • admin
  • May 20, 2024
  • Market News

Mexican Peso Strengthens Despite Weak Retail Sales

The Mexican Peso (MXN) defied expectations and gained ground against the US Dollar (USD) on Monday despite disappointing Retail Sales data. This upside move is attributed to...
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  • admin
  • May 17, 2024
  • Market News

Gold Gains on Positive China Data, Fed Rhetoric Limits Upside

Gold prices (XAU/USD) edged higher on Friday, buoyed by strong economic data from China. However, hawkish comments from Federal Reserve officials capped further gains. Reasons for the...
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  • admin
  • May 16, 2024
  • Market News

Loonie Edges Higher but Remains Under Pressure from US Dollar

The Canadian Dollar (CAD) showed modest gains on Thursday compared to other currencies, but it still struggles against a recovering US Dollar (USD). Factors Affecting the CAD:...
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  • admin
  • May 15, 2024
  • Market News

Gold Shines Brighter on Dovish US Data and Geopolitical Concerns

Gold prices climbed further on Wednesday after the release of US economic data that missed expectations. Lower-than-anticipated Consumer Price Index (CPI) and stagnant Retail Sales figures fueled...
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  • admin
  • May 14, 2024
  • Market News

USD/CAD: Loonie treads water as US inflation data takes center stage

The Canadian Dollar (CAD) is holding onto modest gains against the US Dollar (USD) on Tuesday, overshadowed by the focus on US inflation data. While the CAD...
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  • admin
  • May 13, 2024
  • Market News

US Dollar Retreats on Hawkish Fed Rhetoric, Eyes on Data

The US Dollar (USD) pared its earlier losses on Monday after hawkish comments from Federal Reserve Vice Chair Philip Jefferson. The week promises to pick up steam...
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  • admin
  • May 10, 2024
  • Market News

Euro Charges Higher Against Yen, Short-Term Correction Likely

The EUR/JPY currency pair is exhibiting a strong bullish trend, reaching 167.85 on Friday. This uptick is driven by market buyers, but some potential for short-term pullbacks...
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  • admin
  • May 9, 2024
  • Market News

Silver Stages Potential Trend Reversal

Silver (XAG/USD) is hinting at a possible shift in its short-term direction after decisively breaking above the key resistance level of $27.51 on May 7th. Bullish Momentum:...
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  • admin
  • May 8, 2024
  • Market News

Canadian Dollar Stages Modest Recovery on Quiet Day

The Canadian Dollar (CAD) recouped some of its recent losses on Wednesday, showing strength against most major currencies. This comes as a light data day keeps markets...
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Recent Posts

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November 15, 2024 Gold Prices Steady Amid Strong US Retail Sales and Fed Signals
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November 14, 2024 EUR/USD Declines to Fresh Annual Lows Amid Strong US Dollar and Euro Weakness
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November 13, 2024 Silver Price Forecast: XAG/USD Faces Resistance Near $31.00 Amid Sticky US Inflation

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