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Tag Archives: forex analysis

Market Anxiety High as Doubts on Trump Policies Rise

Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises. In the most nervous conditions since the immediate aftermath of the president’s shock victory in last November’s elections, stock markets in Asia and Europe fell in response to Tuesday’s sharp decline on Wall Street. The...

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Gold Rally Continues on Market Disappointment with Fed, Weak Housing Report

Gold prices continue to move higher on Wednesday, as the base metal has posted daily gains for a sixth straight day. In the North American session, the gold is trading at $1251 per ounce, its highest level since the end of February. On the release front, housing and inflation data was a disappointment. Existing Home Sales dropped to 5.48 million, missing the forecast of 5.59 million. As well, the House ...

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A Dollar story not a Yuan story

US stock indexes posted their largest drop on Tuesday since the November election of US President Donald Trump with investors concerned about the ability of the new administration to implement its pro-business policy agenda. Overnight, the dollar index slid below 100 for the first time since early February, extending a downtrend that began last week when the Federal Reserve disappointed some investors by signalling ...

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