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Markets
Major support at 7.0885 is likely out of reach for now – UOB Group
Further USD declines are not ruled out, but major support at 7.0885 is likely out of reach for now. In the longer run, USD remains negative, and the next level to watch is 7.0885,…
Silver price close to record high again – Commerzbank
The Silver price yesterday almost reached the record high of $54.5 per troy ounce recorded four weeks ago again, Commerzbank's commodity analyst Carsten Fritsch notes.Silver is on…
XAU/USD dips below $4,150 as the US Dollar picks up
Gold (XAU/USD) is heading lower on a choppy trading session on Friday, weighed by a firmer US Dollar amid the risk-averse sentiment. The Precious metal has broken below a previous…
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EUR/USD hovers near highs with investors awaiting US official data
EUR/USD remains practically flat on the daily chart, trading at 1.1630, at a short distance from the three-week highs of 1.1655 hit on Thursday, and on track to close the week…
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Is Direxion NASDAQ-100 equal Weighted Index Shares (QQQE) a strong ETF right now?
The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) made its debut on 03/21/2012, and is a smart beta exchange traded fund that provides broad exposure to the Style Box -…
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WTI rises on Russian depot strike, US sanctions amid oversupply risks
West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the day, after hitting a daily high at $60.47. The Crude Oil recovers after…
EUR/CHF plunges to 2015 lows as Franc strength accelerates
The Euro (EUR) extends losses against the Swiss Franc (CHF) on Friday, with EUR/CHF sliding to its lowest level since 2015, when the Swiss National Bank (SNB) abruptly abandoned…