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The AUDUSD has pared yesterday’s advance as U.S. traders came back online today. With risk aversion regaining its footing, if we continue to see the U.S. dollar strengthen against the Aussie, and break below the rising trend line on the 15 minute chart, I would not rule out further downside risks.
Read more...Australian Dollar Under Pressure But Fails to Break Below Trend Line
The AUDUSD has pared yesterday’s advance as U.S. traders came back online today. With risk aversion regaining its footing today, if we continue to see the U.S. dollar strengthen against the Aussie, and break below the rising trend line on the 15 minute chart, I would not rule out further downside risks.
Read more...Steps for buying gold bullion coins
Buying gold coins and gold bullion coins have become extremely popular as a prudent mode of investment. Investors dealing in stocks and bonds or in Forex and commodities keep gold in their portfolio as a means of diversification. Moreover, with economic ups and downs, price of stock or shares may fall leading to huge loss. But, gold coins have shown a steady rise in its price and are always ...
Read more...Transcript: Charting The Success Of Spread Betting
David Kuo speaks with Tim Howkins, chief executive of IG Group.
Read more...Dollar Edges Lower as NFPs Solidify Investor Sentiment and Shake Out Remaining Volatility
Though liquidity was winding down quickly into the close of the week, we would nevertheless see a significant shift in the traditional market gauges for risk appetite Friday. With the help of a dubious nonfarm payrolls report, risk appetite would start climbing before the US exchanges came online.
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