United States Pending Home Sales (MoM) came in at -2.2%, below expectations (3.4%) in September

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AUD/USD consolidates below two-month highs near 0.7375

AUD/USD keeps its range below two-month highs near 0.7375 amid a big miss on the Australian Q3 Capex data. The bulls fight for control as the US dollar remains on the back foot across the board, in the face of renewed US economic growth concerns. 


USD/JPY: Rebound stalls near 104.50 amid Thanksgiving light trading

USD/JPY’s bounce loses still in Asia on Thanksgiving Day, as the bulls lack follow-through amid holiday-thinned market conditions. US markets are closed Thursday in observance of Thanksgiving Day. DXY wallows in two-month lows on mixed US data, covid surge.


Gold licks wounds above $1,800 as market optimism fades

Gold extends corrective recovery from 4.5-month low. The yellow metal marks the highest gains in a week while trying to bounce off the lowest since mid-July, marked on Tuesday, amid mixed catalysts. Virus updates, trade/political news probe US stimulus hopes.

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WTI reverses the pullback from multi-day high to attack $46.00

WTI bounces off $45.51, near the highest since March 06 flashed the previous day. Weekly data suggested EIA marked a surprise draw in inventories, Baker Hughes signaled an increase in rig US counts.

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Black Friday 2020 Discounts!

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