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The USD/JPY reached the highest level since Friday at 109.64, after rebounding sharply. The pair was testing the weekly low near 109.20 and reversed s

3/17/2021 5:33:07 AM GMT | By Anil Panchal GBP/USD snaps three-day losing streak but lacks follow-through off-late. UK rolls up sleeves to battle human rights, nuclear threats. British Health Minister says AstraZeneca is safe, Bailey raised doubts on economic recovery. Brexit, covid and geopolitics can entertain cable traders but nothing key ahead of the Fed. GBP/USD retreats to 1.3880, drops 0.03% intraday, down for the fourth consecutive day, while heading into Wednesday’s London open. In doing so, the cable reacts to the US dollar’s latest pick a...

Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall 2021-01-27 20:00:00 David Song, Strategist Oil Price Talking Points The price of oil preserves the range bound price action from earlier this week following an unexpected contraction in US crude inventories, and key market themes may keep energy prices afloat as oil production remains subdued. Advertisement Oil Price Reverses Ahead of Weekly Low as US Crude Inventories Fall The price of oil bounces back ahead of the weekly low ($51.82) as ...

1/25/2021 11:47:43 PM GMT | By Anil Panchal AUD/USD snaps two-day losing streak, while extending bounce off one-week low, despite recently easing from intraday top. Vaccine news battles uncertainty over the US stimulus, mixed headlines from China gets less audience. US Senate Confirms Jannet Yellen as Treasury Secretary, No major data up for publishing amid Australia Day off, updates concerning virus/vaccine and US aid package will be important. AUD/USD wavers around 0.7715, off intraday high near 0.7720, during the initial Asian trading session on Tue...

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