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2024-05-17T11:54:39+0100
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2024-05-17T11:54:39+0100
This week IG's Chief Market Analyst, Chris Beauchamp, looks at USD/CAD, going long at C$1.3677 with a stop at C$1.36, in expectation of a move higher on US dollar strength.
2024-05-14T00:10:23+0100
Gold drops amid eased tensions, eyeing potential boosts from a wavering dollar around the $2320 level. Silver faces a crucial resistance, outlining future directions for metals as safe-haven demand wanes.
2024-04-26T05:45:01+0100
IG’s Chief Market Analyst, Chris Beauchamp, looks at going long USD/CAD around C$1.3480, with a stop at C$1.3400 and a target of C$1.3650.
2024-03-12T00:53:01+0000
Gold climbs despite low volatility, benefiting from a softer dollar and lower US yields, highlighting its market resilience.
2024-02-28T03:33:45+0000
Weak Chinese economic growth meets Conservative yearly target, SSE composite index faces deep sell-off with limited reversal prospects. Meanwhile, high 'beta' Australian dollar vulnerable amid global index decline.
2024-01-18T03:01:10+0000
The rejuvenated USD and robust US yields weigh on gold at the start of the week; gold and USD extend inverse relationship after NFP. What are potential support levels considered ahead of US CPI and FOMC meeting?
2023-12-13T03:19:29+0000
A recent run of weakness for the US dollar has paused for now, with the greenback making some headway against sterling, the yen and the Canadian dollar.
2023-12-06T10:46:13+0000
USD/JPY is close to 2022’s high of 151.94 - a 30-year top; and strong US consumer price numbers could see the dollar smash through this level again.
2023-11-14T05:41:03+0000