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Trading & Market News

8/7/2020

Sentiment worsened on Friday, and it seems the bullish trend on this FX cross might soon come to an end. During the US session, the cross was trading half a percent weaker at around 124.80, testing the essential medium-term uptrend line.

8/7/2020

Equity markets lower ahead of NFPs.

Stock markets around the globe slipped on Friday, and investors took some profits from the recent massive rally, with E.U. and U.S. indices trading half a percent lower during the Frankfurt session.

8/6/2020

How high can silver go?

You must have noticed the current vertical movement in silver and in precious metals generally. Silver rose from 18 USD in July to 28 USD now, which is a 60% increase in five weeks.

8/6/2020

Precious metals explode higher, yet again

The incredible bullish trend in precious metals continued on Thursday, with gold rising another half a percent to 2,050 USD, while silver has rocketed more than 3% so far on the day, trading below the 28 USD level.

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.

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