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USD/JPY steady as mixed US data, BoJ hawkish tone guide moves
USD/JPY trades around 156.60 on Wednesday at the time of writing, virtually unchanged on the day, as the US Dollar (USD) struggles to extend its rebound following mixed US economic…
WTI drifts lower as US expands influence over Venezuela’s Oil flows
West Texas Intermediate (WTI) extends its decline for a second straight day on Wednesday, as oversupply concerns deepen after the United States (US) said it will sell Venezuelan…
New ATHs are on tap
In our December update, we combined the Elliott Wave (EW) Principle with the Armstrong Pi-cycle turn dates and concluded for the NASDAQ 100 (NDX) that“…if the November 21 low at…
US data remains in centre stage
The US Dollar (USD) traded without a clear direction on Wednesday, losing some momentum following the auspicious start to the new trading year. Moving forward, the Greenback is…
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Gold slips from $4,500 as strong US data dents haven demand
Gold price tumbles nearly 1% on Wednesday after US economic data showed that business activity improved, while the labor market shows signs of being more solid than expected. At…
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US Dollar steadies on mixed US data, Canadian Dollar hit by Oil slump
USD/CAD trades around 1.3820 on Wednesday at the time of writing, up 0.10% on the day, supported by a modest rebound in the US Dollar (USD) amid mixed US economic data and…
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