Paper Hands
Let’s talk about ‘paper hands’ - the notorious term used in the trading world to describe investors who are quick to sell their investments at the slightest hint of market…
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08/05/2023
The Yen’s Strength Was Short-lived As Weakness Against The Euro Abounds
The EURJPY currency pair gained 100 basis points in the prior week as the Yen gained on its safe-haven status. Driving the pair lower was mainly recessionary fears arising from…
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08/05/2023
The EURUSD Attempts A Comeback After Steep Selloff On NFP Report
The EURUSD currency pair closed off the prior week relatively flat in a jampacked week of economic events. Vital economic releases induced high volatility on the pair, leading to a…
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08/05/2023
The S&P500 Futures Flirt With The Downside As Interest Rates Surge
The S&P500 Futures (CME: ES) is down 2.72% from the week’s peak, primarily driven by bearish traders jittery about the Banking Sector’s health and another 25 basis point rate hike,…
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05/05/2023
The Gold Spot Price Shies Away From Its All-Time High
Just after the Federal Reserve hinted at the possibility of a pause in rate hikes in the future, the Gold Spot Price (XAUUSD) surged 2.75%, taking it to a fresh…
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05/05/2023
WTI Crude Oil Futures Print A Fresh Year Low As Demand Concerns Weigh
Backdropped by a weakening U.S. economy and slowing Chinese manufacturing, WTI Crude Oil Futures (NYMEX: CL) fell under the spell of bearish traders as growing fears of crude oil demand…
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05/05/2023
EURJPY Retreats From Fresh Nine-Year Highs
After shooting for the sky, the EURJPY currency pair has come to a halt as the Yen regained momentum on the back of its safe haven status. The U.S. Federal…
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04/05/2023
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