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Wednesday, November 13, 2024

American Market Recap: The cabinet picks from Trump don't sound like a guy who is looking for moderation

The cabinet picks from Trump don't sound like a guy who is looking for moderation

There is an idea in markets that "Trump didn't mean it" on tariffs and many other issues. He just named Matt Gaetz as Attorney General and Tulsi Gabbard for director of National Intel -- two off-the-b... 

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Gold reverses lower. On pace for the 4th day in a row lower

The price of gold traded as high as $2618.84. At session highs, the price was up $20.94 and it looked like the 3-day slide was going to be snapped. However, the price has since reversed back to the do... 

NASDAQ index gives up gains with an hour left in trading

The major US stock indices are giving up gains and backing off from record closing levels. NASDAQ index was up 77.08 points at session high which took the price to 19358.48. That would have closed abo... 

5 reasons why the US dollar wrecking ball is in full swing

1) Take a look around The main reason the US dollar is so strong is the obvious one: The US economy looks better than anywhere else. It's the only place you can point to and say "there could be surpri... 

More from Musalem: Data since prior meeting suggests economy may be materially stronger

Alberto G. Musalem More hawkish comments from the St Louis Fed President Inflation data is also stronger but has not yet changed view that policy is on a path to neutral There is likely space for a gr... 

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Latest Forex Orders

FX option expiries for 13 November 10am New York cut

There are just a couple to take note of, as highlighted in bold . They are both for EUR/USD at the 1.0600 and 1.0650 levels. The former in particular will continue to be a notable one, adding another... 

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