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Category: European-union

European-union

European-union, Oil

US Close – Big Tech leads the charge, Euro surges on ECB optimism, Commodities bounce back

Most of the large-cap technology stocks rebounded sharply after the Nasdaq tentatively fell into correction territory.  The three-day tech selloff has ended despite some hurdles

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By admin
Posted onSeptember 9, 2020
European-union

EUR/USD higher, ECB meeting next

EUR/USD has posted slight gains on Wednesday. In the North American session, EUR/USD is trading at 1.1813, up 0.34% on the day. ECB meeting overshadowed

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By admin
Posted onSeptember 9, 2020
European-union

USD/CAD on hold ahead of BoC Decision

USD/CAD is showing limited movement on Wednesday. Early in the North American session, USD/CAD is trading at 1.3219, down 0.13%. With no tier-1 data out of

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By admin
Posted onSeptember 9, 2020
European-union, Oil

USD a Downside Risk For Commodities

Oil pares losses but facing resistance Oil is paring losses after breaking through major support on Tuesday, extending losses to more than 15% over the

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By admin
Posted onSeptember 9, 2020
European-union

US Open – Tech Finding its Feet

Investors Shrug Off Vaccine News Tech stocks enjoying some reprieve on Wednesday after taking another beating on the first trading day of the US week,

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By admin
Posted onSeptember 9, 2020
European-union, Oil

Oil prices slide, gold recovers

Oil prices collapse overnight Oil prices suffered a severe pipeline rupture overnight, as a falling stock market dealt a coup de grace to already weak

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By admin
Posted onSeptember 9, 2020
European-union

The US dollar recovery picks up steam

US dollar shows broad gains The US dollar was a notable recipient of safe-haven inflows overnight, the US dollar index jumping by 0.50%, closing on

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By admin
Posted onSeptember 9, 2020
European-union

Asian equities follow Wall Street south

Wall Street returned from a long weekend in a belligerent mood overnight, sending stocks sharply lower. The S&P 500 fell 2.78%, the Nasdaq fell by

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By admin
Posted onSeptember 9, 2020
European-union, Oil

Mid-Market Update: Still Overextended, Decoupling from China, Apple and Tesla pain, Commodities crushed again, Dollar surge, Treasuries tumble

US stocks resumed their slide, with tech leading the plunge as investors scramble for the sidelines for a plethora of reasons: US-China tensions boil, high

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By admin
Posted onSeptember 8, 2020
European-union

USD/CAD higher as greenback rebounds

The long weekend in the United States did the US dollar some good, as the currency has registered broad gains in Tuesday trade. In the

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By admin
Posted onSeptember 8, 2020

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