The week is about to get started for real as the US market returns from the long holiday weekend. Overall, it’s been about risk-off and a higher US Dollar, this as the market prices the reality of higher inflation and the less investor-friendly impact on monetary policy.


 

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EUR/USD falls below 0.9850 as dollar gathers strength

EUR/USD falls below 0.9850 as dollar gathers strength

EUR/USD came under renewed bearish pressure and declined to fresh daily lows below 0.9850 in the American session on Thursday. Hawkish comments from Fed's Kashkari on the policy outlook seem to be providing a boost to the greenback and weighing on the pair.

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GBP/USD extends daily slide, trades below 1.1200

GBP/USD extends daily slide, trades below 1.1200

GBP/USD continues to push lower in the second half of the day and trades below 1.1200. The renewed dollar strength on hawkish Fed commentary and rising US yields forces the pair to stay under bearish pressure as markets start to prepare for Friday's jobs report.

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Gold struggling to retain its bullish strength

Gold struggling to retain its bullish strength

XAUUSD shed some ground on Thursday, currently hovering around $1,713.00. The dollar has gathered momentum as Wall Street opened in the red, holding into negative territory at the time. Also, government bond yields resumed their advances and hold near fresh weekly highs.

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: The next move could surprise us all

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: The next move could surprise us all

The crypto market displays mixed signals but hints that the bearish trend is not over yet. Adopting a get-in-get-out mentality may be the more favorable approach for investors looking to expose themselves to the market.

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TSLA suffers again as Elon Musk moves ahead on Twitter deal

TSLA suffers again as Elon Musk moves ahead on Twitter deal

The will, he won't he debate surrounding Tesla (TSLA) CEO Elon Musk and his bid for Twitter continues to rumble. Twitter (TWTR) stock initially soared on Tuesday as reports broke that the deal looked like it was on.

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