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Forex
Gold price stumbles beneath $2,400 drops to five-day low
Gold drops to $2,399, down 1.50%, after hitting a high of $2,447.
Concerns over China's economic growth and Trump's election prospects boost the Greenback.…
NZD/JPY Price Analysis: Continues to plunge as sellers reign supreme
Friday's trading session saw the NZD/JPY pair resuming its losses, exacerbating the bearish momentum.
Cross ends the week with a near 2% loss.
Sellers are…
Australian Dollar tallies weekly losses, RBA hawkish stance to limit the downside
AUD/USD registered a significant drop on Friday, slipping below 0.6700.
Employment data continues to shape possible RBA and Federal Reserve decisions.
The…
NZD/USD Price Analysis: Pair gave up and lost the 0.6070 vital area
NZD/USD trudges below the 0.6070 level, marking its worst week since January.
The pair closed at 0.6010, indicating a weekly loss of approximately 1.80%.…
China: Third plenum reaffirms focus on high quality development and multifaceted reforms – UOB Group
Third plenum reaffirms China’s focus on high quality development and deepening reforms across the economy. Market awaits more policy details from the third…
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver trades at $29.18 per troy ounce, down
2.14% from the $29.82 it cost on…
US Dollar Index jumps to near 104.30 as US political uncertainty dampens market sentiment
The US Dollar rises further as market participants see Donald Trump winning Presidential elections this year.
Investors expect that the Fed cut interest…
ECB review: Lagarde says pretty much what was expected – Commerzbank
The ECB decision and the subsequent press conference by ECB President Christine Lagarde were essentially non-events in terms of content. The ECB is largely…
CNY: Old baijiu, new bottles – Commerzbank
Communist Party leaders have been meeting for four days to discuss the broad outlines of economic reform for the next five years. And the result is: not much.…
Brent forward curve and falling US inventories point to a tight oil market – Commerzbank
The Brent oil price initially fell to a monthly low of USD 83.5 per barrel this week as a result of the weak Chinese data. However, the price subsequently…