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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EURUSD Bulls and Bears Go Back and Forth, Neither One Budges

The most liquid currency pair, the EURUSD, has recently ping-ponged between bulls and bears as they have yet to take the impetus to drive price in one direction. The U.S.…

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Brent Crude Oil Unfazed by Bumper Inventory Levels

After expanding for seven consecutive weeks, U.S. crude stockpiles have swelled to the highest level since mid-2021 and may signal weakening demand. Inventory for the week stood at 16M barrels…

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Dow Jones Catches its Breath Amid Inflation Sink

The Dow Jones futures (CBOT: YM) bulls fought back in Wednesday trading despite strong retail sales announcements expected to aid the downfall triggered by the CPI data released the day…

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Gold Futures Longing for the Gains of the Past

Gold futures (COMEX: GC) suffered another day of losses on Wednesday, as stronger-than-expected retail sales in the US sent it to a new six-month low. Earlier in the week, inflation…

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Coke Optimism Fizzles Out Despite Strong Earnings Report

Warren Buffet famously said that a ham sandwich could run The Coca-Cola Company (NYSE: KO). Referring to the exceptionally strong product, business and brand, investors flew in to get their…

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USDJPY Resumes Rally Following Signs of Resilient U.S. Inflation

The USDJPY currency pair gained 0.57% following the higher-than-anticipated CPI reading for January. The FedWatch Tool has placed a 91% probability of a 0.25% interest rate hike by the Federal…

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