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The dollar hit its lowest level in two and a half years against major rival currencies on Thursday (December 17th), as risk appetite was boosted by progress towards agreement on a stimulus package in the United States and an accord linked to Britain’s exit from the European Union. On Wednesday, …
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18 March, 2026 12:10 pm
Oil Pulls Back as Iraq Export Deal Eases Supply Fears Ahead of Fed Decision
Oil prices declined in Asian trading on Wednesday, retreating from recent highs after Iraq and Kurdi…
18 March, 2026 11:29 am
Gold Slips Below $5,000 as Fed Decision Looms and Inflation Fears Mount
Gold prices fell below key levels in Asian trading on Wednesday, as investors turned cautious ahead …
18 March, 2026 12:51 am
Strong Recovery Restores Confidence in Bitcoin and Ignites Investor Appetite
Bitcoin has surged to a month-and-a-half high, sparking renewed optimism across the crypto world. Th…
17 March, 2026 11:50 pm
Markets Await Fed Decision Amid Rising Economic Uncertainty
Global financial markets are entering a tense waiting period as the Federal Reserve begins its two-d…
17 March, 2026 10:44 pm
Gold Pauses at the $5,000 Threshold as Oil Shock Shifts Market Attention
Gold prices hovered near the psychological $5,000 per ounce mark on Tuesday, struggling to extend th…
17 March, 2026 9:58 pm
Dollar Under Pressure as Global Tensions Rise, Markets Await Key Rate Decisions
The US dollar lost momentum for a second consecutive day as investors grew increasingly cautious ahe…
17 March, 2026 8:53 pm
Explainer: Defense Giants, Oil Titans, and Metal Kings Surge as the Iran Conflict Reshapes the Market
When the conflict with Iran erupted on February 28, 2026, the shockwaves were felt far beyond the Mi…
17 March, 2026 7:50 pm
Wall Street Opens Strong: Stocks Rally Amid Falling Bond Yields and Rising Oil Prices
U.S. stocks climbed on Tuesday, driven by signs of a slowing labor market and easing bond yields. Th…
17 March, 2026 6:43 pm
Pound Gains as Investors Watch Looming Fed and BoE Decisions
The British Pound rose on Tuesday, trading near 1.3350, as investors prepared for important central …
17 March, 2026 5:48 pm
Euro Climbs as Swiss Franc Pullback, Safe-Haven Bounce Fades, Traders Eye Central Bank Moves
The Euro gained ground against the Swiss Franc on Tuesday, with EUR/CHF edging higher to around 0.90…
Market Analysis
December, 2020
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17 December 2020 4:09 pm
Dollar Falls as Demand for safe-haven Weakened And Pound, Franc Drops After Touching Highest Level
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17 December 2020 3:12 pm
Investor Interest Raises in Bitcoin Above $23,000
Bitcoin rose to a record high one day after it crossed the $20,000 mark for the first time, amid growing interest in it from major investors. The world’s most prominent cryptocurrency jumped 10.5% to 23,655 dollars, to exceed its gains this year 220%, supported by a request from large investors …
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17 December 2020 2:30 pm
European Stocks Rise For a Fourth Session on Optimism
European shares remained at their highest level in ten months Thursday, December 17th, as hopes for more stimulus in the United States and possible distribution of COVID-19 vaccines in Europe boosted expectations for a global economic recovery. The German DAX index rose 1.1% to reach its highest level since February, …
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17 December 2020 1:52 pm
Gold Rising as US Dollar Was Negatively Affected by The Progress of The US Stimulus
Gold prices reached a week high on Thursday, December 14th, as progress in reaching an agreement on fiscal stimulus in the United States pressed the dollar, while the yellow metal received more support thanks to the US Federal Reserve’s pledge to keep interest rates low until the economy recovers. In …
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17 December 2020 1:13 pm
SNB Leaves Key Rate Unchanged at -0.75%
The Swiss National Bank (SNB) board members announced a no change to their monetary policy settings after it concluded the December quarter monetary policy assessment on Thursday. The SNB kept the key sight deposit rate steady at -0.75% while maintaining the 3-Month Libor Target Range steady between -1.25% to -0.25%, …
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17 December 2020 12:38 pm
Japan Stocks Closing Higher on Hopes of US Stimulus
Japanese stocks closed higher for a second session Thursday (December 17th) as sentiment received a boost from expectations of further economic stimulus in the US and pledges of support from the US Federal Reserve. The benchmark Nikkei index rose 0.18% to 26,806.67 points, offsetting losses incurred in morning trade. The …
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17 December 2020 12:47 am
Fed Pledges Asset Purchases to Achieve Recovery
The United States Federal Reserve vowed in its last policy statement of 2020 to support the economy until it recovers from the Coronavirus crisis. The Fed is set to continue to buy at least $120 billion of bonds each month until substantial further progress has been made toward the Committee’s …
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17 December 2020 12:30 am
Oil Closes Higher and Maintains Upward Trend
Oil prices closed higher on Wednesday, amid hopes for a new stimulus package in the United States, and after a decline in US crude inventories last week. Crude prices maintained their best levels since early March, as the global benchmark, Brent crude futures for February delivery gained 32 cents, or …
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16 December 2020 11:37 pm
Gold Settles Higher Amid Stimulus Hopes
Gold prices rose on Wednesday, amid anticipation for a new stimulus package in the United States. The yellow metal futures for February delivery rose by $3.80, or 0.2%, to close at $1,859.10 per ounce. This is the highest closing level for gold futures since December 8.
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16 December 2020 11:04 pm
Fed Maintains Interest Rates Unchanged
The United States Federal Reserve has decided as expected to maintain interest rates near 0% during its two-day meeting that concluded on Wednesday. The Fed policy statement noted that policymakers are committed to maintaining asset purchases at at least $120 billion per month.
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16 December 2020 10:13 pm
US Crude Inventories Down 3.1 M Barrels
Crude oil inventories in the United States decreased by 3.1 million barrels last week to stand at 500 million barrels, according to the weekly report by the U.S. Energy Information Administration (EIA) released on Wednesday. Meanwhile, gasoline stockpiles rose by 1 million barrels to 238.9 million barrels and distillate stockpiles …
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16 December 2020 9:42 pm
US Business Inventories Rise in October
Business inventories in the United States grew during October by 0.7%, after rising by 0.8% in September, data by the US Department of Commerce showed on Wednesday. On an annual basis, inventories declined by 4% compared with their level in October 2019. Retail inventories increased by 0.9% in October, up …
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16 December 2020 9:30 pm
Bitcoin Exceeds $20,000 for First Time Ever
Bitcoin exceeded the $20,000 price tag for the first time in history earlier today, marking a new milestone for the world’s largest cryptocurrency. Bitcoin is trading higher for the day by around 6.6% at $20,653.75. The biggest digital currency has seen gains of around 12.4% over the next seven days.
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