S&P500 Struggles to Recover Following Selloff

S&P500 futures’ (CME: ES) bears electrified their activity, causing a selloff that lowered the index by 2% from Thursday’s highs. Bears found a home in hawkish sentiments that were reinforced…

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EURUSD Weighed Down by Firm Bets on US Rate Hikes

The Federal Reserve and European Central Bank have adopted a combative approach to rising inflation. Interest rate hikes are the name of the game, and the EURUSD currency pair is…

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Bears Have a Taste at the S&P

The S&P 500 futures (CME: ES) took a turn for the worst in a rally spurred by the hopes of an economy that may find mercy from the wrath of…

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USDCAD Bulls Steer Market Above Pivotal Level

US Inflation came in hotter than expected, following a Producer Price Index reading that extended to 0.7% in January. Inflation maintained its status as a thorny problem for the US…

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US Data Crashes Hong Kong’s Party As Tensions Rise

The Hang Seng Index Futures (HKEX: HSI) started the year filled with optimism over the prospects of a recovering economy, spurred by the reopening of China and the easing of…

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The Pound Battles Against US Dollar

The Pound has been losing steam against the US dollar as the GBPUSD currency pair tumbled amid more signals that the American economy is expanding faster than anticipated. The Pound…

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The Guppy Rests After Busy Week

The GBP/JPY currency pair is consolidating at lower volumes after a week filled with economic data saw traders swarming in, in an attempt to get on the right side of…

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