Dollar continues to advance on risk aversion and rising hopes for Fed rate hikes
The dollar maintains firm tone against of basket of its major counterparts and extended gains to the highest since May 2020 on Monday.
High uncertainty over the war in Ukraine and pessimistic tone on soaring energy prices and expectations…
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Cable hits a 15-month low on probe through key supports
Cable remains firmly in red on Monday and extends steep fall into third straight day, dragged by fresh risk aversion that pushed global stocks lower.
After last week’s strong upside rejection and weekly close below pivotal 1.33 support…
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DAX falls to multi-month low as risk aversion accelerates on speculations of banning Russian energy…
Dax index opened with gap-lower on Monday and broke below 13000 marks to hit 12423, the lowest since November 2020, driven by fresh wave of risk aversion.
Global markets panicked after the US and Western allies announced plans to impose a…
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Gold rises above $2000 as escalating crisis boosts safe-haven demand
Spot gold hit $2000 per ounce this morning, for the first time since August 2020, as uncertainty about global economy in light of the consequences of the Russia-Ukraine war and Western sanctions on Russia, as talks about including Russian…
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Oil hits $130 per barrel on fears that Russian energy products would come under Western sanctions
WTI oil opened with wide gap higher on Monday and soared to $130 per barrel, the highest since July 2008.
Threats of further escalation of war in Ukraine continued to inflate energy prices in past few days, while the latest threat comes…
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Bears tighten grip on break of key supports and eye 2020 low
The Euro fell further in early Monday after falling 1.3% on Friday and registering weekly close below psychological 1.10 level.
The sentiment remains negative, as growing uncertainty over Ukraine crisis and fears of massive impact on…
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Larger bears resume after a five-day pause, accelerated by upbeat US jobs data
Negative sentiment from the morning’s drop in stock markets was further soured by much better than expected US NFP data that pushed the cable to the lowest in 2 ½ months in the US trading on Friday.
Sterling was dragged by weaker Euro on…
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US labor sector growth accelerates above expectations in February – NFP
Conditions in the US labor market tightened further in February, data from Labor Department’s closely watched employment report, released on Friday, showed.
The US non-farm payrolls rose to 678,000 in February, the highest since July…
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The Euro could collapse after break of key supports at 1.1000/40
The Euro fell below 1.10 on Friday, dragged by fresh fall in stock markets on increased risk aversion, as fears over the war in Ukraine rise after the Russian forces seized the biggest nuclear plant in the Europe and growing concerns about…
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Russia-Ukraine War
The Russian invasion in Ukraine extends into ninth day, with intense fighting reported in many sectors.
Russians forces seized the largest nuclear power plant in Europe.
The fire in a building at the complex raised fears of a…
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