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Gold trades in tight range as upside looks capped by USD recovery
BySilas WGold continues unfolding a mini-range above $2,500. The upside is capped by a recovering US Dollar on the back of easing concerns about the US economy. Labor market data out this week could be key, with Nonfarm Payrolls the main release on Friday. Gold (XAU/USD) continues trading in a familiar range just above $2,500 on…
Carla Denyer and the Green party: four MPs v the climate crisis – podcast
BySilas WThe Green party made history in the general election, winning four seats for the first time. But how much will it be able to achieve in parliament when facing the gravity of the climate crisis? The Guardian’s John Harris sits down with Carla Denyer, the Greens’ co-leader and MP for Bristol Central, to ask her…
Crypto Market Failed to Break Out of Range – ActionForex
BySilas WMarket Overview The crypto market cap grew by 2.6% to $2.33 trillion. The market remains stuck in a narrow range, moving from the lower boundary on Saturday to the upper boundary at the start of the day on Tuesday. At times like this, attention turns to whether there will be an upward breakout and a…
Libya’s Sarir oil field nears shutdown as production is halted | Forexlive
BySilas WLibya’s Sarir oil field reduces production to near total shutdown – engineers to Reuters. More updates out of Libya regarding their oil situation. Oil price is largely unchanged after the news as a lot of the good news was priced in on Monday. This article was written by Arno V Venter at www.forexlive.com. Source link
USD/CHF Rate Falls Over 1% After SNB Chief’s Statements
BySilas WAs evidenced by the USD/CHF chart, yesterday one US dollar was worth 0.913 Swiss francs, but today it is already 0.903, indicating a rate drop of approximately 1%. According to MT Newswires, the franc’s strengthening is attributed to statements by Swiss National Bank (SNB) President Thomas Jordan. In his view, an overly weak franc is…
Forex overview. EURUSD: the euro continues to lose ground against the US dollar – ForexNews.PRO
BySilas WThe EURUSD pair may decline further to 1.0225 amid a mix of positive and neutral news from the US. Discover more in our analysis for 10 January 2025. EURUSD forecast: key trading points US nonfarm payrolls: previously at 227 thousand, projected at 164 thousand US unemployment rate: previously at 4.2%, projected at 4.2% The University…

