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Trading & Market News

11/30/2020

Precious metals failed to capitalize on the weak greenback (which is down to two-year lows) and were hammered recently, with silver down 15% from November highs, trading at around 22 USD today.

11/30/2020

The new week starts in risk-off mode.

Monday has brought selling to nearly each asset class - equities were down circa 1% during the London session, metals plunged much more, confirming their bearish trends, and the USD was also trading weaker against most of its counterparts.

11/27/2020

The US Dollar Slips Under Pressure

The USD is trading under pressure across the board as a result of upbeat data from China and losses in US stock futures.

11/27/2020

Bears Continue Dominating the Markets

Bears continued to dominate the market in light of tepid economic data from Germany and a soft tone from EU indices.

11/26/2020

Gold is on a Bearish Trend

Gold prices are set to extend the bearish momentum according to the IG Client Sentiment Index amidst a shift in fundamental narrative.

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