At the end of last week’s trading, the price of gold settled above the level of $1700 an ounce, and its gains extended to $1,740 an ounce, before closing the week’s trading stable around...
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Bad news is good news…to a point
It’s hard to say how much the latest price action in markets has been pricing in a soft landing but we got a hint today. The S&P 500 is down 1.1% and there’s a...
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USD/JPY STALLS INTRADAY RECOVERY FROM WEEKLY LOW, FAILS JUST AHEAD OF 138.00 MARK
USD/JPY bounced off the 137.00 mark, or a one-and-half-week low touched earlier this Friday. The narrowing US-Japan bond yield differential, the caution mood benefitted the safe-haven JPY. The divergent Fed-BoJ policy stance supports prospects...
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USD/JPY Forecast: USD Pulls Back Against Japanese Yen
The US dollar pulled back a bit Monday to show signs of hesitation. That being said, the ¥138 level looks to be a bit supportive, and I think we will be paying close attention to it. If...
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Biden: Had a good series of meetings and Saudi Arabia
Had a good series of meetings and Saudi Arabia opening airspace is a big deal we have accomplished has some significant business with Saudi’s hopes it will lead to a broader normalization of relations...
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