Market News
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Euro show weakness after yesterday’s ECB meeting
The Euro is showing weakness in the aftermath of yesterday’s ECB meeting, currently trading at $1.1050, after losing 0.4% to...
Read moreEquities and stocks rose globally except China
European equities are trading significantly higher today with all the region’s benchmarks in green territory, offsetting losses registered earlier this...
Read moreDeadly coronavirus set bearish tone, ECB on rate later
European equities slipped on Thursday following the really bearish tone set overnight by Asian shares, especially in China where the...
Read moreOil price possible decline further
Despite the general risk on scenario, oil price suffers a massive fall yesterday. Technically, oil price lost the support level...
Read moreGold show weakness short-term
The gold price is still dancing just above the support level of $1,550, as investors are waiting for further market...
Read moreYen continue gain ground, deadly coronavirus cause panic
One of the leading narratives in the foreign exchange markets is fear, amid concern that the virus causing panic in...
Read moreThe FED is a powerful antivirus
After a session in which caution dominated and stock indexes recorded minor losses. However, when the news of the first...
Read moreGold holding onto key level $1550
Gold is once again moving to trade just above $1,550 as it battles against the persistent risk-on mood on stock...
Read moreYen and Swiss franc losing ground to Euro
In the absence of any significant news or major data, the foreign exchange market appears to be driven by a...
Read moreOil price slowing down despite risk on mood across markets
WTI in a consolidation phase after a strong December with the price slowing down to test the support level of...
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