Following Chair Powell and economic data that weighed on USD this week, the strong NFP numbers (263k vs. 200k) managed to reverse that…
Category:
Forex Market
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The South African Rand sees a sharp decline as the markets digest a damning report related to US currency stashed away in a…
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December NFP: Where to for the USD? Markets expect to add more than 200k jobs in November. According to the FedWatch Tool, the…
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The USD Index holds at lows not seen since August & June at 104.50 and significantly below the 200-day MA at 105.40. Weaker…
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On the 1st of December, the first day of the last month of the year, it is time to take stock of the…
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The USD Index has tanked to 105.30 lows today from over 107.10 as Chair Powell more or less confirmed a 50bp hike at…
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Crude oil managed to rally slightly yesterday, supported by rumours of production cuts by OPEC+ masking concerns of demand shortages, as China is…
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The world of cryptocurrencies is living a year that will remain engraved in the memories, with a series of dark signs that have…
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The USDIndex slightly below 1-week ahead amid reports of a softer stance on Covid emerging in China’s official rhetoric, which is keeping hopes…
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The USDIndex rallied to 106.70 in the previous session but formed a correction in Asia session to 106.00 ahead of a COVID-19 press…