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Tuesday, October 27, 2020
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Tag: COVID-19

EUR/USD Approaches 1.1470 On Monday Morning But Faces Resistance Associated With...

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EUR/USD's attempt to reach a 4-month high at 1.1470 met with resistance. EU stimulus negotiations fail to yield a deal, thus holding back...

EUR/GBP Bullish As The Euro Loses Ground To The Pound After...

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Euro’s performance hindered by the EU leaders’ failure to find favorable economic recovery agreement. The Pound Sterling takes advantage of the Euro’s situation. ...

Japanese Yen (JPYUSD) Pressured Following Disappointing Trade Figures For June

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Japan’s oil imports dropped 14.7% in June June trade deficit was Y 423.9 billion CPI rate remains at 0%Time                            : 07-20-2020Pivot                          ...

Oil Prices Drop As The Second Wave Weighs On Demand Recovery...

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Oil prices drop Gold firms above $1800 Gold to test $2,000 level in six monthsOil prices fell on Monday as the second wave...

New Zealand Dollar (NZD/USD) Rises On Positive PMI data

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NZD/USD rises on PMI data June PMI rises to 56.3 New Zealand blames Australia for the rise in COVID-19 casesThe New Zealand dollar...

Euro (EUR/USD) Holds Firm Against The Dollar On Optimism Of More...

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Euro (EUR/USD) rallies on stimulus hopes Surging COVID-19 cases and Sino-US tensions increase risk sentiment GBP drop 0.5% on uninspiring job dataThe Euro...

Crude Oil Prices Jump Ahead Of OPEC Meeting To Review Production...

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Oil demand recovering OPEC to review oil production levels Morgan Stanley says oil-gold ratio poor indicator for oil priceOn Wednesday, oil prices rose...

USD/JPY Shows No Movement As BoJ keeps Monetary Policy Unchanged

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USD/JPY doesn’t Move BoJ maintains monetary policy More easing expected if COVID-19 continuesBank of Japan has provided its decision on the routine policy...

EUR/USD Sideways On Wednesday Morning After Starting The Week On Strong...

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June’s Consumer Price Index rallied by 0.6% on a month-on-month basis. The labor market indicates improvements. Recession concerns are holding back the U.S...

Crude Oil Off To A Weak Bearish Start Amid Expectations Of...

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Reports claim that OPEC and its allies will cut back on previous oil cuts as demand improves. Economic recovery spurs demand oil as...

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