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New York (CNN)Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good news is the selloff should drive prices at the gas pump down, easing crushing inflation that has been harming consumers. The bad news is the sharp dr

The foreign exchange market, also known as the Forex market or the FX market, is also one of the global markets that witnesses a trading volume of almost $6.6 trillion every day. Foreign exchange refers to exchanging one currency trading with another for different reasons that include tourism, inter

AUD/USD trades in the red near 0.6995 on dismal Aussie jobs report.  Australia's jobless rate ticked higher to 7.4% and full-time jobs tanked.  The Sino-US tensions keep risk appetite under pressure.  The AUD/USD pair is struggling to draw bids as Australia's jobless rate ticked higher in June and

What is the US Dollar Index? The US Dollar Index (DXY, DX, USDX) measures the value of the United States dollar relative to a basket of other currencies, including the currencies of some of the US’s major trading partners. The Dollar Index rises when the US dollar gains strength compared to the othe

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

#Gold is getting to an interesting place Retracement to US$ 1770 could be an entry point Next important levels are US$ 1828, 1905, 1963 & 2050 Tide, it seems, is turning Not advice.. Educated Guess🤫 #XAUUSD #gold# #followmeevent#

BISHKEK -- The Western sanctions applied against Russia in an effort to prevent an invasion of neighboring Ukraine will have a trickle-down effect on many smaller countries with close economic ties to Moscow, experts say. One of those countries is Kyrgyzstan. With the United States, European Union s

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