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Greenback Fades as Bears Take Control The US index dropped towards the 90 handle again as it closed 0.37% lower on Thursday. Joe Biden’s first day in the White House saw him overturn many of Trump’s executive orders, as America awaits…

The crude market saw a much quieter period of trading this week. Price remained in a block of consolidation just beneath the recent highs. The weakness in the US dollar over Q4 of 2020 saw the crude market expanding over 50% to the…

Shares in Goldman Sachs are trading a little higher pre-market on Wednesday. The bank’s stock price has seen a more than 60% rally off the November lows. Although price is currently correcting a little from the recent highs, the near-term…

Aside from being a measure of consumer confidence, retail sales data also gives us important insight into what we might expect Q4 GDP numbers to be like. Many economists predict most countries in the world have slipped back into…

EURAUD has been trading in a bearish descending channel for the majority of Q4 as prices continue to tumble to 2-year lows. The current hidden bearish divergence noted on the momentum indicator looks to continue the trend. Since the…

Dollar Hanging in There The greenback ended on an even keel as investors digested Joe Biden officially beginning his first term in office. The departing Donald Trump wished the new administration great luck and success but vowed that he…

Gold The yellow metal surged higher over the last 24 hours in response to the swearing-in of the 46th president of the United States, Joe Biden. With Biden’s inauguration comes the expectation of a big shift in US policy towards more…

Shares in US streaming titan Netflix are trading firmly higher pre-market on Wednesday. Netflix has seen its stock price jump 13% out of hours in response to yesterday’s Q4 earnings release. While earnings per share were below estimates,…

Joseph R Biden will be sworn in as the US' 46 President later today. Contrary to typical campaign speeches, "the first day" of a Presidency is primarily a protocol event. Following the inauguration, Biden will be signing a series of…

CHFJPY has been trading in an almost sideways market for the majority of the second half of 2020. The recent attempt to move higher out of the horizontal channel has been met with resistance. Prices now look towards the mean once again,…