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Daily Broad Market Recap – June 11, 2024
BySilas WIt was a volatile day for most asset classes, as Treasury yields and bitcoin tumbled while commodities and equities had quite the comeback later on. Still, the safe-haven U.S. dollar was able to keep its head afloat, despite some risk-on flows towards the latter part of the New York session. Read on to find out…
Risk Assets Recover on Hopes of US-China Deal – Market wrap for the North American session – October 17
BySilas WLog in to today’s North American session Market wrap for October 17 US stocks finished a nervous week on a high note, gaining ground as President Donald Trump’s comments suggested trade tensions with China were easing and regional bank stocks bounced back. The S&P 500 index saw its best weekly gain since August after Trump…
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Aussie rises to 8-month high, retail sales next – MarketPulse
BySilas WThe Australian dollar has posted considerable gains on Thursday. AUD/USD is trading at 0.6816 in the European session, up 0.47% on the day at the time of writing. The US dollar continues to struggle against the major currencies and the Aussie has taken full advantage with an impressive 4.1% gain in August. Australian retail sales…
AUD/USD Price Analysis: Trade Talk Optimism Improves Sentiment – Forex Crunch
BySilas WThe AUD/USD price analysis shows a slight improvement in risk appetite. The US president said he was willing to continue talks with the EU. Market participants are expecting an acceleration in US price pressures. The AUD/USD price analysis shows a slight improvement in risk appetite after Trump showed a willingness to continue trade negotiations. However,…

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