Gold holds above $4,700 as USD softens on US-Iran peace hopes

Gold (XAU/USD) retains a positive bias above the  $4,700 mark heading into the European session on Monday, though it lacks bullish follow-through buying. Reports suggest that Iran gave the ‌US…

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Trump has not mentioned Canada paying an ’entry fee’ ahead of USMCA talks, says Carney

Trump has not mentioned Canada paying an ’entry fee’ ahead of USMCA talks, says Carney Source link

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AUD/JPY gathers strength above 114.00 on Iran truce proposal

The AUD/JPY cross gathers strength to around 114.15 during the early European session on Monday. Reports that Iran gave the US a proposal for reopening the Strait of Hormuz and…

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GBPAUD Wave Analysis – ActionForex

GBPAUD: ⬆️ Buy GBPAUD reversed from support area Likely to rise to resistance level 1.9270 GBPAUD currency pair recently reversed up from the support area between the support level 1.890,…

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Citi says oil flow disruption could continue, Brent could hit US$150 / barrel

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…

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EUR/USD Tests Support—Can It Recover And Resume Upside?

Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher…

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EURJPY Wave Analysis – ActionForex

EURJPY: ⬆️ Buy EURJPY reversed from support area Likely to rise to resistance level 1.9270 EURJPY currency pair recently reversed up from the support area between the key support level…

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Chinese Insurance Companies Conduct First Gold Transaction at SGE

On February 7, China launched a pilot program allowing certain insurance companies to invest in gold as part of their medium to long-term asset allocation strategies. According to the National…

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US President Donald Trump rushes off stage after shots fired during White House 

US President Donald Trump was swiftly escorted off the stage by Secret Service after possible shots were fired at the White House Correspondents’ Dinner in Washington, DC, on Saturday, CNN…

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Gold stuck but central bank policies pose downside risks next week

Gold stuck but central bank policies pose downside risks next week Although gold continues to find initial support around $4,700 an ounce, the market remains stuck in neutral, unable to…

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