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Crypto bears victorious after US inflation surprise
Bitcoin price failed to maintain the upward momentum last week and is below $17,000 currently after holding above $20,500 for two weeks! A glance at the daily chart reveals the price lost 22.3% on the week as it retreated six out of...
How gold gained $100 in one week?
Can yellow metal catch $1,800 after three months?While USD officially touched its lowest in almost three months with the USD Index at 106.70, the gold price was also above $1,775 trying to touch the 3 months high. After USD weakness following the mar...
European stocks are on fire!
Hang Seng rose 7.7% in the Asian season! As it was expected, European stocks opened higher and still increasing. German DAX trading 0.3% higher, CAC 40 in France climbed 0.8%, and the FTSE 100 in the UK rose 0.3%. This gain after yesterday...
Oil on junction! Stocks and inventories are both rising!
Wall Street's main indexes raised sharply on slower consumer prices. Crude prices fell sharply this week as Inventories in the US increased, concerns over global economic recession grew, and rumors about the resurgence of the coronavirus in Chin...
Election, inflation, and US Dollar!
‘Red wave’ fails to materialize as it was expected!With the Fed meeting on Wednesday, November 2, the US dollar experienced heavy volatility last week, while this week also fluctuations can be even more intense. We already had mid-term elections and...
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