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EUR/USD Forecast: Technically Bullish, May Advance Well Above The 1.1900 Threshold
Thursday, November 5, 2020 - 4:28pm | 518EUR/USD Current Price: 1.1830 US presidential election remains undefined and may take some more days. The US Federal Reserve left its monetary policy unchanged as widely anticipated. EUR/USD is technically bullish, may advance well above the 1.1900 threshold. Financial markets gyrated once again...
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GBP/USD Forecast: Sterling Pulls Back From 15-Week High Targeting 50% Fibonacci Retracement At 1.3250
Monday, January 28, 2019 - 10:52am | 402The GBP/USD rose to 1.3214, the highest level since October 16 last year backed by rising hopes of avoiding hard Brexit scenario. The UK Prime Minister Theresa May privately the government members that the UK will avoid the hard Brexit. The European Commission has proposed arrangements on aviation...
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Why Gold Will See $2,000 An Ounce Sooner Rather Than Later
Wednesday, October 5, 2011 - 12:58pm | 932So gold did not go to $2,000 an ounce by the end of September as was discussed last month, but that does not mean it will not get there, eventually. Gold gave back almost all of the gain it had in August (12%) in September, as the short term mentality of "return of capital, not return on capital...
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Why Gold Is Going To $2,000 An Ounce By The End Of September
Thursday, September 1, 2011 - 12:14pm | 833We discussed the reasons last month why gold would go to $2,000 an ounce by the end of August. That did not happen, and fell well short of that level, closing at roughly $1,830 an ounce. Still, gold had a spectacular month, gaining 12% during August, thanks in part to worries over the S&P...
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Bad Debt Charges Takes Toll On RBS(RBS)
Friday, November 6, 2009 - 8:44am | 284According to a report from the Wall Street Journal, The Royal Bank of Scotland (NYSE: RBS) is still being hit by High Debt Charges reaching GBP 10.8 billion, up from GBP 2.76 a year earlier. For the last quarter, RBS has reported impairment losses amounting to $3.28 billion, which is up compared to...