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Fundamental Analysis

FTSE Reverses Turning Red as BoE Delivers Hawkish Hike to 4.00%
FTSE Reverses Turning Red as BoE Delivers Hawkish Hike to 4.00%

FTSE Reverses Turning Red as BoE Delivers Hawkish Hike to 4.00%London's benchmark FTSE 100 surrendered an early morning advance to finish in negative territory on Thursday, tracking a sharp...

Dollar Plunges On US Midterms 'Blue Tsunami'
Dollar Plunges On US Midterms 'Blue Tsunami'

Dollar Down MidweekThe US Dollar is down firmly today after the US midterms delivered a stunning victory for the Democrats who took both houses. For once it seems opinion polls were on the money,...

EURUSD Rebounding Following Midterms
EURUSD Rebounding Following Midterms

Weak USD Boost EUREURUSD is rising firmly today, benefiting from the US Dollar weakness we’ve seen amidst the US midterms fallout, and bullish eurozone inflation data today. On the US front, the...

Gold Spikes Higher on USD Drop
Gold Spikes Higher on USD Drop

Gold Spikes on WednesdayGold prices are sharply higher today on the back of the USD weakness we’ve seen from the US midterms outcome. The so-called ‘Blue Tsunami’ (Democrats have control of both...

Aussie Tanks On Divided RBA Hike
Aussie Tanks On Divided RBA Hike

Post-Hike Sell-OffThe Aussie Dollar is seeing heavy selling today on the back of the November RBA rate decision overnight. The bank hiked rates, as expected, lifting the headline cash rate to 2.85%...

Bitcoin Plunging As ETF Outflows Soar
Bitcoin Plunging As ETF Outflows Soar

BTC PlungingBitcoin prices remain heavily weaker at the start of November after BTC futures posted their weakest October returns in 12 years. ‘UPtober’ has it has been named among crypto fans, failed...

Volatile Crude Moves Amidst Conflicting US/Iran Headlines
Volatile Crude Moves Amidst Conflicting US/Iran Headlines

Fresh US/Iran AttacksIt’s been a choppy start to the week for oil markets and the action looks to only just be getting started. Crude futures plunged heavily lower yesterday midst reports of progress...

Gold Bouncing Off 1-yr Lows Ahead of US Midterms
Gold Bouncing Off 1-yr Lows Ahead of US Midterms

Gold Hits 1-Year LowsGold prices are seeing better bidding action today with the futures market in the green after plunging to fresh one-year lows on Friday. The slide in prices at the end of last...

Dollar Sliding At Start of Busy Week
Dollar Sliding At Start of Busy Week

US Midterms This WeekThe US Dollar is down sharply through early European trading on Monday as traders brace for a busy week in the markets. The US midterms tomorrow, RBA rate decision, Eurozone CPI,...