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  1. Replies
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    Fears about economy is growing as Wall Streetís hiring frenzy eases

    After a hiring frenzy last year, Wall Street is slowing down due to the growing uncertainty around the U.S. economic future and the ensuing decline in the financial markets. In 2021 and early this...
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    Stocks decline as Wall Streetís effort at a rally fails

    As markets struggled to maintain a recovery from earlier in the day, stocks modestly declined on Wednesday in turbulent trading. Traders also considered remarks made by Federal Reserve Chair Jerome...
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    As US administration strives for lower gasoline cost, oil prices are falling

    Oil prices fell sharply in early trade on Wednesday, despite US President Joe Bidenís efforts to lower increasing fuel costs, which included pressure on large US corporations to help drivers during...
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    UK Inflation Rate; Canada Inflation Rate; Powell Testimony; Japan Inflation Rate

    NZD: Westpac Consumer Sentiment, it measures level of a diffusion index based on surveyed consumers.

    AUD: RBA Gov Lowe Speaks, As head of the central bank, which controls short term interest...
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    US Dollar Price Action Setups: EUR/USD, USD/NZD, GBP/USD, USD/JPY

    NZD: Business NZ Services Index, it measures level of a diffusion index based on surveyed purchasing managers in the services industry.

    GBP: Rightmove HPI m/m, it measures change in the asking...
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    543
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    121,766

    With an eye on the US NFP, the XAU/USD is approaching the $1,875 mark

    The gold price (XAU/USD) is swinging around $1,870, following an upswing to reclaim a one-month high during Fridayís early Asian session, as the NFP-related caution saps enthusiasm. The recent mixed...
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    543
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    121,766

    OPEC prepares to establish new output targets, oil prices are rising

    Oil prices have climbed ahead of the OPEC cartel of oil-producing nationsí meeting on Thursday, as ministers prepare to establish output targets for July in their first meeting since the European...
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    Crude Oil Climbed Whether Russiaís Oil Imports Will Be Banned by the EU

    Crude oil closed yesterday at 9080, up 2.06%, as traders awaited news on whether the European Union would agree to an embargo on Russian oil imports. On Monday and Tuesday, the EU will gather to...
  9. Replies
    543
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    121,766

    Gold prices are declining as the Fed maintains its aggressive policy stance

    On Thursday, gold prices fell, with some investors profiting after minutes from a US Federal Reserve policy meeting revealed that the central bank was likely to maintain its interest-rate hikes. The...
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    121,766

    Global oil prices have risen again as EU negotiates with Hungary

    Oil prices increased on Thursday, extending a cautious advance this week on signals of constrained supply, as the European Union (EU) negotiates with Hungary over plans to prohibit imports from...
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    Big tech and banks are driving Wall Street higher; the Dow is up 2%

    On Monday, US equities finished higher as bank gains and a resurgence in market-leading tech companies fueled a broad-based rally following Wall Streetís largest weekly fall since the dotcom bust...
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    543
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    In the idle markets, XAU/USD remains protective at $1,800

    As global markets battle for clear directions to extend the previous optimism, gold (XAU/USD) prices drop from intraday highs, being range-bound near $1,813-18. During a sluggish Asian session on...
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    121,766

    Global stock markets are falling as inflation and economic concerns remain

    On Thursday, global shares slumped to an 18-month low, as investors worried that rising inflation would endure, forcing central banks to continue tightening monetary policy. Stocks in the United...
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    543
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    121,766

    US stock sell-off deepens as S&P & NASDAQ falls

    The brutal market sell-off resumed on Monday, with all three main indices finishing down starting the week. The S&P 500 fell below 4,000 for the first time since April 2021, while the tech-heavy...
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    Oil falls due to global economic fears, ahead of the EU decision on Russiaís oil ban

    Oil prices fell on Monday, along with Asian stock markets, on worries of a worldwide recession reducing oil consumption, with investors eyeing European Union discussions on a Russian oil embargo,...
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    EUR/JPY Price Prediction: Bulls need to break through the 200-EMA to move higher; 130

    Despite the bearish opening gap on Monday, the EUR/JPY has been following the primary component of Dow Theory by remaining above Fridayís low of 128.73. The cross continues to form the higher high...
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    EUR/USD Reach Historical Levels | Xtreamforex

    EUR/USD has recovered its foothold in the early European session on Thursday and progressed to its most elevated level in seven days close 1.0900. The specialized standpoint recommends that the...
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    GBP/USD/EUR Beats 14-Year Trend Line Resistance At 127.10/50

    GBP/USD stays weighty, flexing against the 1.30 support level. The pair is set to stay under pressure while underneath 1.3150, Financial analysts report.

    Support at 1.2980-1.30 still looks firm,...
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    EUR/USD Forecast: Euro on the brink of renewing multi-year lows

    XAUUSD Price stays helpless before the price activity in the US dollar and the Treasury yields, kindness of the forceful Fedís tightening assumptions. In the interim, the shortfall of the primary...
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    121,766

    EUR/USD Rising US yields, sour market mood weigh on Euro

    EUR/USD has experienced bearish move on early Monday subsequent to having shut the earlier week somewhere down in regrettable territory. Despite the fact that trading conditions stay slender because...
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    121,766

    XAU/USD Lacks Directional Conviction on Conflicting Market Forces

    XAUUSD had gotten a ailment break of an earlier triangle pattern at $1,898. In any case, its advance can be tempered for the present by $2,001, the 61.8% Fibonacci retracement of the unpredictable...
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    543
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    121,766

    NZD/USD higher after the larger than expected interest rate hike from the RBNZ

    NZD: Food Price Index , It measures change in the price of food and food services purchased by households.

    JPY: Core Machinery Orders m/m, It measures change in the total value of new...
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    Market News: EUR/USD, GBP/USD, AUD/USD, NZD/JPY

    NZD: International Travel and Migration, it measures change in the number of short-term overseas visitors who arrived in the country

    GBP: Like-for-like Retail Sales, it measures change in the...
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    543
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    121,766

    US Dollar Price Action Setups: EUR/USD, GBP/USD, AUD/USD, USD/JPY

    AUD: AIG Services Index, Survey of about 200 service-based companies which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices,...
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    543
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    121,766

    XAU/USD is expected to drop to about $1,900 as aggressive Fed officials dampen market

    After a massive sell-off on Tuesday, gold (XAU/USD) is struggling in the Asian session. Given the adverse market movement and aggressive tone espoused by Federal Reserve (Fed) policymakers, the...
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