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Monthly Archives: March 2024

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Trade Of The Day: Euro Soars On Upbeat Data And Powell’s Remarks

Written on March 7, 2024 at 3:01 am, by

 Fundamental Analysis Technical Analysis Get more information on how you can analyse signals using chart patterns and technical analysis. Potential Risks While the pair is currently buoyed by positive data and dollar weakness, the attention is centered on the ECB for additional signals. The ECB is anticipated to maintain its current interest rates for the fourthContinue Reading

Gold Skyrocketing Ahead Of Powell’s Testimony

Written on March 6, 2024 at 6:59 am, by

* U.S. equity markets pulled back from a previous AI rally ahead of the Fed’s testimony. * Gold prices are approaching their all-time high levels, fueled by risk-off sentiment. * BTC plunged more than 10% after it traded beyond its all-time high at $68980.  Market Summary U.S. equity markets are showing signs of fatigue afterContinue Reading

Trade Of The Day: Loonie Weakens Ahead of BoC Rate Decision

Written on March 6, 2024 at 3:47 am, by

Fundamental Analysis Technical Analysis Get more information on how you can analyse signals using chart patterns and technical analysis. Potential Risks As traders await additional signals from the Bank of Canada (BoC), they are also factoring in developments from the U.S. The impending testimony of Federal Reserve (Fed) Chair Powell before the Senate Banking Committee onContinue Reading

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