The stock market often seems to defy logic. Consider that good news is often followed by plummeting prices, and bad news is often followed by rising prices. Here's how to make sense of it all …

 


 

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EUR/USD hits fresh one-month low amid souring market mood

EUR/USD has been extending its falls and dips below 1.21 as US retail sales badly disappointed and the worsening mood is supporting the safe-haven dollar. Markets digest Biden's stimulus plan. US Consumer Sentiment declined to 59.2 points. 

EUR/USD News

GBP/USD retreats toward 1.36 amid fresh dollar strength

GBP/US has pared its gains and falls toward 1.36 as the dollar gains ground. The UK economy shrank by 2.6% in November, better than estimated. The UK is ramping up its vaccination campaign and PM Johnson is pressured to ease the lockdown. 

GBP/USD News

USD/JPY drops to fresh daily lows near 103.60

USD/JPY is falling for the second straight day on Friday. Wall Street's main indexes look to open in the negative territory. 10-year US Treasury bond yield is down more than 2%.

USD/JPY News

Editors’ Picks

EUR/USD hits fresh one-month low amid souring market mood

EUR/USD has been extending its falls and dips below 1.21 as US retail sales badly disappointed and the worsening mood is supporting the safe-haven dollar. Markets digest Biden's stimulus plan. US Consumer Sentiment declined to 59.2 points. 

EUR/USD News

GBP/USD retreats toward 1.36 amid fresh dollar strength

GBP/US has pared its gains and falls toward 1.36 as the dollar gains ground. The UK economy shrank by 2.6% in November, better than estimated. The UK is ramping up its vaccination campaign and PM Johnson is pressured to ease the lockdown. 

GBP/USD News

USD/JPY drops to fresh daily lows near 103.60

USD/JPY is falling for the second straight day on Friday. Wall Street's main indexes look to open in the negative territory. 10-year US Treasury bond yield is down more than 2%.

USD/JPY News

Georgia voters evenly split over who should control US senate

Edison Research's poll found roughly half of voters would prefer the Republican Party to retain control and half would like to see the Democrats take over, reflecting how close the two races were likely to be.

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Gold extends sideways grind near $1,850

The XAU/USD pair registered small daily gains on Thursday but struggled to extend its recovery amid a lack of significant fundamental drivers on Friday. As of writing, the pair was up 0.15% on a daily basis at $1,849.

Gold news

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