The Australian dollar has rallied significantly during the trading session on Monday, breaking above the 0.71 handle, and reaching towards the highs again.
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The S&P 500 initially pulled back a bit during the trading session on Monday but then bounced off of the 20 day EMA to show signs of support again.
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The US dollar fell significantly during the trading session on Monday to kick off the week and threatened the crucial ¥105 level.
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The NASDAQ 100 initially fell during the trading session on Monday but found buyers underneath at the 10,400 level to turn things around and rally again.
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The British pound rallied significantly during the trading session on Monday, breaking towards the 1.29 level.
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The West Texas Intermediate Crude Oil market continues to grind sideways during the trading session on Monday as it simply has nowhere to be.
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Gold markets have had a strong session on Monday, breaking towards the $1945 level before pulling back just a bit.
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Silver markets have shot straight up in the air again during the trading session on Monday, reaching towards the $25 level.
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The US dollar has initially dipped a little bit against the Indian rupee on Monday to kick off the week, but we continue to see a lot of the same back-and-forth action that we have over the last couple of weeks.
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The EUR/USD pair last week trading was distinguished.
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With the constant stability of gold prices above the $1,800 resistance, talk increased in the financial markets about the possibility of moving towards the record and historical price of $2000.
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Throughout last week’s trading, the GBP/USD pair was in an upward correction range taking advantage of the decline in the US dollar.
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While relations between these two superpowers are quite bleak, any increase in hostilities between them will see an increase in demand for the Japanese Yen.
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The Euro continues to rally rather significantly, and at this point that is starting to become a relatively dangerous move.
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The Australian dollar has gone back and forth during most of the session on Friday as we continue to see a lot of volatility.
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