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FOREX-Dollar holds at one-week highs as yuan outperforms

January 27, 2021
Patrick
Currency Markets, Forex trading, markets

LONDON, Jan 26 (Reuters) – The dollar held at a one-week high on Tuesday as doubts over the speed and size of U.S. stimulus discouraged risk-taking in currency markets, with the Chinese yuan the only notable exception. London trading had

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FOREX-Dollar sinks for 3rd straight session as risk sentiment rises

January 21, 2021January 26, 2021
Patrick
Currency Markets, Forex trading, markets

* Dollar down for third straight session * Euro up on ebbing Italy political turmoil * Commodity currencies – Aussie, Kiwi, Norwegian crown up * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Ritvik Carvalho LONDON, Jan 20 (Reuters) – The dollar

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Foreign exchange strategy (Spark Global) by Aine

January 5, 2021
Patrick
Uncategorized

  January 5th, 2021 (Tuesday)   On Monday, the number of confirmed new COVID19 cases in the United States soared to a record level of around 330,000. The number of confirmed cases of the global new COVID19 epidemic reached 80.37

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Today’s data and news announcements: By Aine at Spark Global

January 5, 2021January 5, 2021
Patrick
Currency Markets, Forex trading, markets

Announcement time Important data, important news 15:00 German monthly rate of actual retail sales in November (%) Annual rate of actual retail sales in Germany in November (%) 15:30 Switzerland December CPI annual rate (%)   16:55 Germany December seasonally

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Market recap by Aine at Spark Global

December 30, 2020
Patrick
Uncategorized

On Tuesday December 29th Senate Majority Leader Mitch McConnell temporarily blocked an attempt by Senate Minority Leader Chuck Schumer trying to increase direct payments in the coronavirus relief package to $2,000 from $600. McConnell also opposed Sanders’ proposal to advance

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FOREX-Dollar trampled as riskier assets rally on U.S. stimulus hopes

December 30, 2020
Patrick
Currency Markets, Forex trading

Many analysts calling for long-term dollar decline * Low liquidity at year’s end may exaggerate moves * Expectations are strong for more U.S. stimulus By Stanley White TOKYO, Dec 30 (Reuters) – The dollar slumped to multi-year lows against many

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Foreign Exchange Analysis…By Aine at Spark Global

December 28, 2020
Patrick
Currency Markets, Forex trading, markets

12.28 (Monday) On Christmas last Friday, markets in Europe, America and Asia Pacific were closed, and the market was relatively light. Last Thursday, the US Congress passed a large-scale epidemic relief and government funding merger bill, but Trump refused to

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Market review By Jack at Spark Global

December 28, 2020
Patrick
gold and oil, markets, Uncategorized

Last week, except for the severe fluctuations in the market on Monday, the gold market was in a sideways shock. The highest point of the shock range was 1906.79 and the lowest point was 1855.47. This week, we need to

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AUD/USD Price Forecast – Australian Dollar takes a nose dive?

December 23, 2020
Patrick
Currency Markets, Forex trading, markets

The Australian dollar has gapped lower to kick off the trading week, slicing below the 0.75 handle. At this point, the market is simply reacting to a lack of liquidity, and perhaps even a slightly overbought condition in the Aussie. That being

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(Tuesday) Forex Analysis By Aine

December 22, 2020
Patrick
Currency Markets, Forex trading, markets

By Aine at Spark Global 12.22 (Tuesday) Foreign Exchange Analysis The U.S. index rose sharply on Monday, and the US House of Representatives passed a 900 billion U.S. dollar rescue plan and a 1.4 trillion U.S. dollar government appropriation bill.

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