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Despite the volatility in other asset classes and the backdrop for investor confidence itself, gold has maintained a steady bearing: up.
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Despite wading through a docket of otherwise unremarkable and disappointing event risk, risk appetite would find a foot hold this past week and subsequently send the US dollar lower.
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A forceful recovery in risk-taking promises gains for the New Zealand as sentiment remains the dominant catalyst of price action, with NZDUSD showing a correlation reading of 0.86 with the MSCI World Stock Index on 20-day percent change studies.
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Your Source for Daily FOREX Market News and Analysis
A forceful recovery in risk-taking promises gains for the British Pound as sentiment remains the dominant catalyst of price action, with GBPUSD showing a correlation reading of 0.64 with the MSCI World Stock Index on 20-day percent change studies.
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