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AUD/USD: Upside remains capped below 0.6850 on dismal China's Services PMI

AUD/USD: Upside remains capped below 0.6850 on dismal China's Services PMI

AUD/USD has stalled its upside below 0.6850 after the Chinese Caixin Services PMI disappointed with 46.7 in November. US Dollar weakness and China's reopening-led better risk tone help the Aussie stay afloat ahead of the US ISM Services PMI. 

AUDUSD News

EUR/USD refreshes five-month high above 1.0550 on solid risk-on profile

EUR/USD refreshes five-month high above 1.0550 on solid risk-on profile

The EUR/USD pair has refreshed its five-month high at 1.0549 in the Asian session. The major currency pair has witnessed a juggernaut rally after a responsive buying action below 1.0440 on Friday. The US Dollar has witnessed immense pressure amid the risk appetite theme.

EUR/USD News

Gold struggles around $1,800 ahead of ISM Services PMI data

Gold struggles around $1,800 ahead of ISM Services PMI data

Gold price is facing immense pressure in conquering the round-level resistance of $1,800.00 in the early Tokyo session. The precious metal is highly expected to display more gains ahead and may extend towards a fresh three-month high at $1,824.63.

Gold News

Assessing the chances of Bitcoin price revisiting $20,000 before 2022 ends

Assessing the chances of Bitcoin price revisiting $20,000 before 2022 ends

Bitcoin price shows a tight consolidation in the four-hour timeframe, indicative of a volatile move. The most plausible outcome of this range tightening would be a minor correction to rebalance the imbalance present to the downside.

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The Yen, Payrolls, and the Oil price

The Yen, Payrolls, and the Oil price

US stocks wrapped their second straight week of gains, even if stocks slipped on Friday on the back of better-than-expected US Payrolls data.We have been amazed by the resilience in risky assets of late. This year has seen some incredible macro themes.

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