Summary 8/5 – 8/9 – Action Forex

Monday, Aug 5, 2024 Tuesday, Aug 6, 2024 Wednesday, Aug 7, 2024 Thursday, Aug 8, 2024 Friday, Aug 9, 2024
The post Summary 8/5 – 8/9 appeared first on Action Forex.

Monday, Aug 5, 2024 Tuesday, Aug 6, 2024 Wednesday, Aug 7, 2024 Thursday, Aug 8, 2024 Friday, Aug 9, 2024
The post Summary 8/5 – 8/9 appeared first on Action Forex.
Gold price remains supported amid intense ETF demands. Downbeat US Service PMI helped gold buyers to post gains. US CPI data due next week remains a key event for the gold traders. Gold price remains supported by a complicated mix of dynamics, with ETF demand playing a key role in offsetting a sharp fall in…
It was an incredibly busy week for traders as U.S. jobs data, global PMI’s and central bank events influenced interest rate expectations, almost daily. Overall, the relative performance picture was very mixed, with bitcoin, equities and the U.S. dollar closing out in the green, vs. a very tough week for oil and gold bulls. …
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
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