The stock market's going to be a juicy short sale somewhere between here and July's peaks. If that's not your style, then buy some gold.

 

Rick’s Picks trading ‘touts’ are for educational purposes only. Past performance is no guarantee of future performance. (See full disclaimer at https://www.rickackerman.com/)

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EUR/USD settles above 1.1000 ahead of the Fed’s decision

EUR/USD trades in the 1.1010 region, down for the day and after pricing 1.0997. The dollar strengthened on upbeat Consumer Confidence, and despite a better market mood. All eyes now on the Federal Reserve.

EUR/USD News

USD/JPY bulls step in on optimism surrounding coronavirus

As far as the coronavirus goes, the latest reports are that the number of known cases of the new virus rose by nearly 60% overnight.

USD/JPY News

Australian RBA's quarterly inflation preview: No chances of a U-turn in AUD/USD

Australia will release  Q4 inflation estimates early Wednesday. Quarterly inflation is expected to have risen by 0.6%, slightly better than Q3 0.5%, while yearly basis,  the CPI is seen unchanged at 1.7%.

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Gold drops further near $1565 amid risk appetite

Gold prices continued to move lower during the American session and reached a fresh daily low at $1566/oz.

Gold News

USD/JPY bulls step in on optimism surrounding coronavirus

As far as the coronavirus goes, the latest reports are that the number of known cases of the new virus rose by nearly 60% overnight.

USD/JPY News

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