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Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule:
View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GszexBUsts
a nasty week for $Gold
reversed out of the rising wedge
engulfed on Monday and sold off every day for the rest of the week
wiped away 2+ weeks of gains
next support on my chart ~1751 and then 1732 $GC $GLD
Jackson Hole next week https://t.co/UCXlAmJXbV https://t.co/IeO9luEJfr
The RBNZ met expectations this week with a 50-bps rate hike and signaled that more tightening measures were on the horizon. Both the BoC and RBNZ raised their main rates by 50-bps in recent weeks, and markets are discounting additional hikes. https://www.dailyfx.com/forex/fundamental/central_bank_watch/2022/08/18/central-bank-watch-boc-rba-rbnz-interest-rate-expectations-update-august-18.html
Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule:
Oil - US Crude: -0.93%
View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/MhGQpnhibf
Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.
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