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Gold Prices Rejected at 8-Month High, Jackson Hole in Focus

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Talking Points: Gold prices rejected at 8-month high, eyeing Jackson Hole symposium Crude oil prices jump as physical market spreads show signs of strength OPEC/non-OPEC committee to grade compliance with output cut deal Gold prices briefly touched an eight-month high but swiftly retreated as markets cheered the removal of controversial …

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State Bank urged to take action against forex firms – The News International

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KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Saturday urged the State Bank of Pakistan (SBP) to take action against foreign exchange companies, which are not accepting old-design $100 currency notes. KCCI President Shamim Ahmed Firpo, in a statement, said exchange companies were charging 3 to 4 percent fee …

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Crude Oil Prices Aim Below $46 After Hitting 3-Week Low

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Talking Points: Crude oil prices eye support below $46 after sharp selloff Gold prices range-bound despite risk-driven yields decline UofM, CFTC and Baker Hughes data may fall on deaf ears Crude oil prices marked time on Thursday as a lull in top-tier news flow allowed the WTI benchmark to digest …

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Gold Prices Rise as Trump Break With CEO Group Cools Fed Outlook

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Talking Points: Gold prices rise on Trump break with business leaders, FOMC minutes Crude oil prices drop as markets focus on gasoline, distillate inventories Are commodities matching DailyFX forecast so far in Q3? Find out here Gold prices rose as Fed rate hike expectations fizzled after US President Donald Trump …

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How to prepare for the future of forex – World Finance

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Forex has seen a shift towards mobile trading, with mobile apps becoming increasingly popular&nbsp Author: Stavros Lambouris, CEO, HYCM Europe August 16, 2017 The forex industry has advanced rapidly in recent years, as the online trading of currencies and commodities continues to grow in popularity. As such, the market’s structure …

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British Pound May Fall on CPI as Euro Looks Past German GDP Data

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Talking Points: British Pound may decline as inflation data falls short of expectations Euro unlikely to find lasting direction in on-trend German GDP data US Dollar may rise if upbeat retail sales numbers boost Fed outlook UK CPI data headlines the economic calendar in European trading hours. The headline on-year …

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Crude Oil Prices Cling to Range Floor, Gold Eyes US Retail Sales

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Talking Points: Crude oil prices manage to hold range support above $48/bbl Gold prices drop on US CPI, retail sales figures now in focus Have a commodities trading question? Join a Q&A webinar Crude oil prices dipped to a three-week low as the IEA cut its forecast for demand this …

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Gold Prices Fueld by Fire & Fury

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Fundamental Forecast for Gold: Bullish Gold prices rallied this week with the precious metal up 2.3% to trade at 1287 ahead of the New York close on Friday. The advance comes amid growing geopolitical tensions between the U.S. and North Korea with fears over an impending war weighing on global …

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Australian Dollar Caught Between Investor Appetite, RBA

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Fundamental Australian Dollar Forecast: Neutral The Australian Dollar has faced plenty of verbal intervention from its central bank It would like to see the currency a little lower against the Dollar However yield-starved investors may not be so easily deterred The DailyFX Trading Guidecan help you with your Australian Dollar …

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