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8/5/2020

Gold surges above 2,000 USD, seems unstoppable

As the US dollar continues to fall, precious metals are rising sharply. Earlier in the day, the EURUSD pair rose back toward the 1.19 mark, which helped to renew the buying frenzy in gold and silver and metals roared higher.

7/31/2020

EURUSD posting a large daily pin bar

The EURUSD pair has been rising sharply since May, and the euro touched 1.19 today before selling notably. During the US session, the EURUSD pair was trading somewhat lower on the day, completely erasing daily gains.

7/31/2020

Equities correct gains, dollar drops again

On Thursday, GDP data for both Germany and the U.S. showed catastrophic drops in growth, printing the worst numbers on record, which were caused by the lockdowns imposed to tackle the coronavirus pandemic.

7/30/2020

Stocks pause rally ahead of GDP data.

Sentiment seemed negative on Thursday morning, and stocks corrected their yesterday's gains, while the US dollar advanced a little.

7/29/2020

Kiwi testing uptrend line

The NZDUSD pair, also known as the kiwi, has been moving sideways recently and this consolidation was welcome after the big runup earlier in the summer.

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