Markets

Gold hits three-week low as USD steadies and Russia-Ukraine peace hopes rise

Gold price continues to lose ground on Wednesday amid some follow-through USD buying. Diminishing odds for a jumbo Fed rate…

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Chart of The Day – DAX40

Following yesterday’s talks at the White House, it is becoming increasingly clear that the burden of financing support for Ukraine…

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Commodities – Oil, Natgas, Coffee And Cocoa

Oil Crude oil prices remain low, despite an attempted rebound during Monday’s session amid speculation that the situation in Ukraine…

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Peace Negotiations Boost a Cautious Recovery

On Monday, August 18, a meeting took place at the White House involving Donald Trump, Volodymyr Zelensky, and seven European…

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US Dollar Index maintains position above 98.00 amid Ukraine-Russia peace hopes

The US Dollar Index finds support from positive signals toward a possible resolution of the Ukraine-Russia war. President Trump has…

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Silver price forecast: XAG/USD breaks below $38.00 as safe-haven demand weakens

Silver price struggles amid improved sentiment following White House meeting. Trump and Zelenskyy expressed hope that the meeting would pave…

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Gold lacks bullish conviction amid reduced Fed rate-cut bets and peace hopes

Gold gains some positive traction during the Asian session, though the uptick lacks follow-through. Reduced bets for a 50 bps…

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Good Morning Traders

Tuesday’s trading session on Asian markets was relatively calm, mainly due to the effect of talks at the White House.…

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Trade of The Day – AUD/JPY

Facts: AUDJPY rebounded from the lower boundary of the current upward channel, moving above the 30-day exponential moving average. Employment…

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GBP/USD – ANZ Recommendation

ANZ has issued a recommendation for the GBPUSD currency pair. ANZ recommends taking a short position on the pair with…

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