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Aussie extends gains from March lows, strong resistance ahead

Aussie reached more than ten-year lows last month and has been recovering gradually since then. On Friday, AUDUSD keeps the...
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High U.S. unemployment, 2.5 million jobs lost through 2021

The number of jobs destroyed by the U.S. economy’s crisis-driven sudden stop could top 4.5 million, according to the median estimate of...

US needs more ‘helicopter money’ to cushion coronavirus impact, says Anthony...

The U.S. needs more “helicopter money” to help its economy recover from the effects of the coronavirus pandemic, said Anthony Scaramucci, a hedge fund...

Treasury yields edge lower as coronavirus recovery hopes diminish

Investor focus remains attuned to signals of an end to the outbreak and subsequent market recovery, leading to some volatile trading on...
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U.S. banks prepare to seize energy assets as shale boom goes bust

JPMorgan Chase & Co, Wells Fargo & Co, Bank of America Corp and...

Dollar falls after Fed bolster lending and coronavirus fears ease

The pound pulled ahead against the dollar and the euro as markets breathed...

New York Power Plant Sold Up to 30% of Its Bitcoin Mining Hash Rate to Institutional Buyers

The firm said in an announcement on Friday that the deal, brokered by...

Stocks, currencies gain; U.S. jobs, OPEC meeting in focus

Still, markets haven’t yet seen the full extent of the pandemic’s economic toll....

Goldman Sachs: 10 million bpd cut by top oil producers not enough

The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia -...
The commodity-related Australian currency is supported by expectations of a rally in the oil market

Aussie extends gains from March lows, strong resistance ahead

Aussie reached more than ten-year lows last month and has been recovering gradually since then. On Friday, AUDUSD keeps the upside bias but the impetus is limited amid subdued trading...

Stocks pare gains, dollar slightly lower ahead of OPEC+ talks

Most global stocks rose on Thursday, with major European indexes rallied around 1.5% to start the session amid the lingering hopes that coronavirus outbreak is peaking. However, stocks had...
Should the precious metal struggle to keep gains and turn negative again, the $1,640 area will act as the immediate support

Gold eases from highs on stronger dollar

Gold prices retreated from nearly one-month highs around $1,671 on Tuesday amid profit-taking at attractive levels. Today, the bullion sees a mild upside bias but struggles to regain ground, ...
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Sooner rather than later, New York needs to find a smart way to reopen some businesses.
Anyone entertaining the idea that businesses should move toward reopening is shamed as caring more about the stock market than people dying. Any discussion of how to get people working again is met with people smugly screaming “stay home!” at each other. I am...