‘Whatever it takes’ to boost the US economy 🇺🇸
The Fed and the #US government suggested that they will do ‘whatever it takes’ to stimulate the US economy. How will this affect most FX pairs? Will they all be heavily impacted by the new economic support?
Gold prices recede from $1,818.17, the highest since Sep '11 flashed Wed.
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#WTI heading for a test of prior resistance towards $41.00
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Canadian business sentiment has fallen to its lowest level since the 2008-2009 recession.
Noon prices:
#USD/CAD–1.35477
#SPX500–3169.4
#NAS100–10597.4
#WTI–40.31
#GOLD–1783.73
#SILVER–18.279
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#COVID19#coronavirus
According to a senior commodity strategist at Bloomberg Intelligence, the ongoing #Bitcoin price consolidation is more likely to break higher than lower.
https://t.co/NE31HTHKFK
Brent crude rose in Asia as some economic data pointed to signs of recovery.
Noon prices:
#SPX500–3165.7
#NAS100–10487.9
#WTI–40.30
#GOLD–1771.93
#SILVER–17.958
Explore #oil with low spreads: https://t.co/wSNOqqb5UV
#COVID19#coronavirus
PC: Bloomberg Australia
S&P 500 Futures print 0.60% gains while taking the bids to 3,147 during the initial hour of Tokyo open on Monday.
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One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that #Bitcoin could be forming a long-term bottom that will be followed by an uptrend.
https://t.co/zQE0EKwoeU
#Bitcoin price may hit $27,000 in the coming sessions, says an analyst.
The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart.
https://t.co/vO1YasGg6r
Gold prices stay pressured within a choppy range between $1,774 and $1,778.
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#Oil slipped on Friday but overall remained on track for a weekly gain.
Noon prices:
#SPX500–3135.5
#NAS100–10366.8
#WTI–40.33
#GOLD–1775.88
#SILVER–17.999
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#COVID19#coronavirus
PC: Bloomberg Australia
Experts forecast oil to rise in 2021; near-term trading at $35 per barrel.
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Factories across euro zone recorded a stronger performance than initially reported in June.
Noon prices:
#SPX500–3113.7
#NAS100–10295.4
#WTI–39.65
#GOLD–1769.88
#SILVER–17.950
Explore euro forex pairs: https://t.co/wSNOqqb5UV
#COVID19#coronavirus
PC: Bloomberg Australia
As per Rich Dad, Poor Dad author, @theRealKiyosaki, the “Federal Reserve is dead.” 'Zombie companies' will owe $1.6 trillion in 2021.
To combat this, a potential debt crisis & money printing, Kiyosaki has prescribed buying #Bitcoin, silver, & gold.
https://t.co/v1M0wMD1hc
There is a strong likelihood of #Bitcoin correcting lower towards $8,200 in Q3/2020. So hints a confluence of two technical indicators.
https://t.co/mQu5m63cNz
Gold closed the 3rd straight week in the positive territory at $1,771!
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#Gold bulls look for entry beyond $1,775.
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