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Forex Analysis

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Forex Analysis Headlines

Gold In A Rut As Dollar Steadies

Gold futures edged lower for a second day Tuesday as the dollar found its footing after 15-month lows. December gold settled $2.10, or 0.2%, lower at $1,262.60/oz. The precious metal hit 8-week highs to start August, but has since leveled ...

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Three-Year Note Auction Attracts Above Average Demand

The Treasury Department sold $24 billion worth of three-year notes on Tuesday, kicking off this week’s series of auctions by attracting above average demand. The three-year note auction drew a high yield of 1.520 percent and a bid-to-cover ratio of ...

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USD extends comeback after excellent JOLTs report

The US dollar recovered on Friday after the Non-Farm Payrolls came out slightly better than expected. And also today, the greenback enjoys a positive jobs report. The JOLTs job openings report for June jumped to 6.163 million, far better than ...

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The Top 3 Misconceptions in Adopting FX Technical Indicators

The extreme popularity in the subject of ‘Technical Indicators’ accompanied by the latest marketing tactics has pushed them to gradually flood the markets, driving an increased number of dissatisfied traders and major disappointment. The purpose of this article is to ...

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Canadian Dollar Extends Slide Against Majors

The Canadian dollar extends decline against its key counterparts in the European session on Tuesday. The loonie fell to 1.2690 against the greenback, from a high of 1.2651 hit at 7:00 am ET. The loonie slipped to a 1-1/2-month low ...

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