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High risk warning: Foreign exchange trading carries a high level of risk which may not be suitable for all investors. Leverage creates additional risk and loss. Before you decide to trade foreign exchange, carefully consider your investment goals, level of…
The EURUSD moved lower and lower than the upward trend line in the process, but selling stopped and the price rose. The uptrend has returned to the low of 3 moving averages starting with the 100-bar MA on the 4-hour…
Investing.com – The euro has been fighting back against the dollar, following its post-US election trip lower, but Bank of America says now is the time to bet bearish update on the single currency again. “Therefore, we believe that upside…
Earlier this year, BLS reported that a subset of files were released before the April CPI report, which led to premature movement in the Treasury market. Previously, BLS economics shared unpublished technical calculations with some 'super user' economists, also leading…
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US CPI y/y Is the Federal Reserve stopping its fight against inflation? That's the question the market will be pondering on Wednesday at 8:30 am ET as the November inflation numbers are released in the CPI report. Headline inflation is…
Crude oil futures are settling at $68.59. That's up $0.22 or 0.32%. The high price for the day went up to $69.02. The lowest price was 67.74. Looking at the hourly chart, the price tried to stay below its 100-hourly…
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The US dollar has been a strong performer this year and it is difficult to bet against it going forward given the improvement in US economic conditions. That said, it's a crowded trade and David Adams of Morgan Stanley thinks…
