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The U.S. Dollar (USD) is rebounding, after spending most of Tuesday in the negative territory, as investors are adjusting their positions, thus easing selling pressures. In addition, Treasury bond yields leveled up, providing support for the greenback. The Dollar Index (DXY) is now marginally higher for the day by 0.03% …
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17 June, 2026 12:46 pm
Gold Pauses After Four-Day Rally as Fed Decision Looms: World Gold Council Survey Shows Central Banks Buying More
Key Takeaways Gold steadies: Spot gold edged down 0.1% to $4,327.56 per ounce, while gold futures ti…
17 June, 2026 11:48 am
Oil Falls for Fifth Straight Session to March Lows: Iran Deal Supply Wave Looms as API Flags Massive 8.3M Barrel Draw
Key Takeaways Five-day losing streak: Brent fell 0.9% to $78.23 per barrel, while WTI slipped 1.2% t…
17 June, 2026 4:31 am
Euro Holds Firm Despite Headwinds as Strong German Data Limits Losses
The euro remained resilient against the U.S. dollar on Tuesday, supported by encouraging economic da…
17 June, 2026 2:07 am
Pound Sterling Gains Ground Against U.S. Dollar as Risk Appetite Improves
The British pound strengthened against the U.S. dollar on Tuesday as improving investor sentiment re…
17 June, 2026 12:01 am
Fed Set to Hold Rates, but Warsh Holds the Spotlight As Wall Street Awaits What’s Beyond Interest Rates
The Federal Reserve’s June meeting is shaping up to be one of the most closely watched policy …
16 June, 2026 11:03 pm
PayPal Enters Oversold Territory, but Is It a Genuine Buying Opportunity?
Amid continued volatility across the fintech sector in 2026, PayPal (PYPL) has emerged as one of the…
16 June, 2026 9:59 pm
What Trump Heard from Carney About Chinese EVs—and Why It Matters
A seemingly casual exchange between the Canadian prime minister and U.S. President Donald Trump has …
16 June, 2026 9:37 pm
Resilient but Not Relaxed: Europe Faces Its Next Economic Test
Europe’s growth holds firm as inflation risks refuse to fade. As geopolitical tensions show signs of…
16 June, 2026 8:32 pm
Oil’s Dramatic Reversal: Hormuz Breakthrough Sends Crude Sliding
Global oil markets plunged on Tuesday as traders rushed to price in what could become the most signi…
16 June, 2026 7:41 pm
Canadian Dollar Under Pressure as Oil Slips and Markets Await the Fed
The Canadian Dollar remained close to its weakest levels in recent weeks on Tuesday, with the USD/CA…
Market Analysis
August, 2021
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31 August 2021 5:57 pm
Canada: Real GDP Expands by 0.7% in June
Canada’s Real Gross Domestic Product (GDP) expanded at a monthly rate of 0.7% in June, the data published by Statistics Canada showed on Tuesday. This reading came in line with the market expectation.
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31 August 2021 5:06 pm
US: Housing Price Index Rises by 1.6% in June
The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) arrived at +1.6% in June following May’s increase of 1.8%. This reading fell short of the market expectation of 2.1%.
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31 August 2021 3:56 pm
The Dollar at Lowest Level in 3 Weeks
The dollar approached a 3-week low against a basket of currencies on Tuesday, August 31, as investors looked to this week’s US jobs data for clues about the timing of stimulus cuts. The dollar has been on the decline since US Federal Reserve Chairman Jerome Powell’s statement at Jackson Hole …
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31 August 2021 2:30 pm
Gold Rises Again to a One-Month Peak as Dollar And Bond Yields Fall
Gold rose on Tuesday to a four-week high hit in the previous session, supported by a weak dollar and falling US Treasury yields, as investors awaited the US non-farm payrolls data due later this week. Gold in the spot market rose 0.3% to $ 1815.11 an ounce by 0848 GMT, …
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31 August 2021 1:35 pm
Germany’s Unemployment Rate Drops Again in August as Recovery Continues
Official data revealed on Tuesday, August 31, that the unemployment rate in Germany fell more than expected in August, as the recovery continued in Europe’s largest economy despite the increase in Covid-19 infections. The Ministry of Labor stated that the number of unemployed decreased by 53,000, after adjusting for seasonal …
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31 August 2021 1:21 pm
Turkey’s Trade Deficit Rises by 51% in July on an Annual Basis
Data from the Turkish Statistical Institute showed that the country’s foreign trade deficit rose 51.3% year on year in July to $4.278 billion according to the general trade system. The institute said that after the damage to trade a year ago due to the Corona pandemic, Turkey’s exports rose 10.2% …
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31 August 2021 12:48 pm
European Shares Are Heading For a Seventh Straight Month of Gains
European shares rose on Tuesday, August 31, heading towards the seventh consecutive month of gains, as hopes of adopting more policies to support the economy outweighed the economic risks associated with the increase in cases of Covid-19 disease due to the spread of the delta strain around the world. The …
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31 August 2021 5:33 am
OPEC+ to Maintain Output Policy
It is expected that the upcoming meeting for the Organization of the Petroleum Exporting Countries (OPEC) and its allies will decide on Wednesday to maintain the current output policy, which entails easing production cuts gradually, amid a global recovery from the pandemic. The OPEC+ previously decided to increase production by …
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31 August 2021 5:28 am
Wall Street Mixed Logging New Record Highs
The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Monday, with S&P 500 and the Nasdaq hitting new fresh closing record highs in the first session of the week. Wall Street investors showed an increased appetite for technology stocks. The Dow Jones Industrial Average lost …
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31 August 2021 4:37 am
Bitcoin Trading a Little Below $47,000
Most cryptocurrencies are showing a negative performance on Monday, led by Bitcoin. The world’s largest digital currency in terms of market capitalization is trading down for the day by 3.87% at $46,761.30, extending its losses over the past seven days to 5.3%. Meanwhile, Ethereum and XRP are down by 0.7% …
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31 August 2021 4:08 am
USD Scores Marginal Gains Moving Horizontally
The U.S. Dollar (USD) was little changed on the first session of the week against major currencies, leveling up for the third consecutive session with a modest rise. The greenback leveled up by about 0.03% against major currencies. Against the Euro (EUR), the USD lost 0.02%, with the EUR/USD pair …
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31 August 2021 1:02 am
Oil Finishes Higher Ahead of OPEC Meeting
Oil prices closed higher on Monday, with markets anticipating the results of the upcoming OPEC+ meeting, which will likely result in maintaining the current gradual approach in easing output curbs. Crude prices increased after Hurricane Ida led to the shut down of most refineries in the Gulf Coast. Brent crude …
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