Connor
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Three BlackRock scenarios for 2025 – bitcoin, gold and biotech
BlackRock considered 5 scenarios for 2024. Could the company, which owns the lion's share of the stock market, be satisfied with one of the three scenarios, including a fall in index quotations? The answer is obvious. Traditionally, Democrats come to power when things are not good in the US, because
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AUD/USD rebound halts at 0.6425 and keeps the bearish trend intact
Australian Dollar recovery has met resistance at 0.6435, and a steady USD is weighing on Aussie's upside attempts. Strong Australian employment figures accelerated AUD's recovery earlier today. US PPI and Jobless claims data is expected to reiterate the US economic exceptionalism and support the Dol
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NZD/USD: To retest the 0.5765 before a more sustained recovery – UOB Group
New Zealand Dollar (NZD) could retest the 0.5765 before a more sustained recovery can be expected. In the longer run, NZD may decline below 0.5770, but it remains to be seen if it can maintain a foothold below this level, UOB Group’s FX analyst Quek Ser Leang and Lee Sue Ann note. NZD may decline be
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Bitcoin’s (BTC/USD) Exchange Reserves Low as Altcoins Steal the Show
Altcoins are rallying, with Ripple reclaiming its position as a top cryptocurrency by market capitalization, up to 3rd. Bitcoin’s price remains range-bound, as investors appear to be diversifying into altcoins. Bitcoin exchange reserves have plummeted, indicating a potential supply squeeze and incre
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USD/CNH: Momentum remains strong – UOB Group
Overbought advance could retest the 7.3145 level before a more sustained pullback can be expected. Momentum remains strong; the next significant resistance is at last year’s high of 7.3678, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. Next significant resistance is at last year’s hig
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EUR/USD: No confidence motion in France – OCBC
The Euro (EUR) traded a subdued range, waffling around 1.05 levels. Pair was last at 1.0492, OCBC’s FX analysts Frances Cheung and Christopher Wong note. Political uncertainties may continue to drag on EUR “French’s minority government faces a real risk of falling apart after far-right and left-wing
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Silver springs back: A shiny rebound from key support
Hourly chart overview Current trend: Silver remains neutral to slightly upside-biased, fluctuating near the 100-day Simple Moving Average (SMA). Tug of war is going on between bulls and bears and it seems like bulls have edge with themselves as it already boucned from key support level since last 2
Pull-up Update