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Author Archives: Insta Forex

Crude Oil Futures Settle Modestly Higher

Crude oil prices edged higher on Monday as prospects of a likely fall in supply amid an escalation in tensions in the Middle East and on OPEC’s indication that it is likely to maintain production cuts for some more time. ...

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Gold Futures Settle Marginally Higher

After falling to a fresh 2-week low earlier in the session, gold prices edged higher on Monday after equities lost ground on trade war jitters and the dollar exhibited some weakness. However, with recent economic data such as jobless claims, ...

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U.S. Dollar Reverses From Early Highs Against Most Majors

The U.S. dollar declined against its most major counterparts in the European session on Monday, after strengthening in the previous session on the back of strong economic data as well as continued trade worries. U.S.-China trade worries continued after Google ...

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Belgium Consumer Confidence At 5-month High

Belgium’s consumer confidence rose in May to its highest level in five months, survey results from the National Bank of Belgium showed on Monday. The consumer confidence indicator climbed to -5 from -7 in April. That was the best score ...

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Gold Hits Two-week Low As Dollar Strengthens

Gold prices fell to a more than two-week low on Monday as rising geopolitical risks, trade worries and robust U.S. data helped support demand for the U.S. dollar. Spot gold slipped 0.1 percent to $1,276.41 an ounce at 1025 GMT, ...

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Germany's Economy Likely To Lose Momentum: Bundesbank

Germany’s economy is likely to lose momentum in the second quarter, according to the monthly report, published by Bundesbank on Monday. Gross domestic product expanded 0.4 percent in the first quarter after staying flat in the fourth quarter. Bundesbank said ...

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