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XAU/USD: Has Gold Lost Its Fumes?

DAILY BRIEF—Gold has been quite a tricky instrument to trade in recent days with high volatility & wider spreads caused due to offsets in the physical gold market & the spot prices in gold. The major development that came in the yellow metal was the relentless buying to sudden stop. Bloomberg...

King Dollar Back in Demand

DAILY BRIEF—USD/CAD attempts to retrace the decline from the monthly high (1.4667) after the BoC reduced the benchmark interest rate for the second time in March, with the central bank announcing a Commercial Paper Purchase Program along with plans to acquire Government of Canada securities in the...

GBP/USD: Bulls Dominates the Market

DAILY BRIEF—We had an incredible rebound in the Pound for third consecutive day after the lows reached at 1.1406 at the start of the week. Yesterday the Pound managed to close near the major 1.22 handle and we did see the bull run continue into the European open. As the number of confirmed cases...
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