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Gold Slides On Stronger U.S. Dollar; Focus Shifts To FOMC Meeting
Article By:
The Gold Analyst
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Monday, June 14, 2021 8:27 AM EDT
Gold prices dropped to more than a one-week trough as the U.S. dollar strengthened. The greenback rose 0.1% against a basket of rival currencies. It made the yellow metal more expensive for investors using other currencies.
In this article: GLD
Bitcoin - BTC/USD Elliott Wave Analysis
Article By:
Gregor Horvat
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Monday, June 14, 2021 8:17 AM EDT
Bitcoin, BTC/USD is trying to recover again, but the wave structure still looks slow and corrective, so we are still tracking a correction, but at this stage, we are observing two counts.
In this article: BITCOMP
Market Signals For The US Stock Market And Indian Stock Market - Monday, June 14
Article By:
Rajveer Rawlin
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Monday, June 14, 2021 8:08 AM EDT
The S&P 500 and the Nifty rallied last week. Indicators are bullish for this week.
Land Of A Thousand Banks
Article By:
Martin Hutchinson
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Monday, June 14, 2021 7:36 AM EDT
We need financial reform that atomizes the system, breaks it down into smaller components, and sends those components to communities across the country, where they can interact primarily with local entrepreneurs without fancy degrees.
Dollar Becalmed As Markets Wait For US Leadership
Article By:
Marc Chandler
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Monday, June 14, 2021 7:19 AM EDT
The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged. Europe is searching for direction and waiting for US leadership after a quiet Asia Pacific session.
S&P 500 Forecast: Index Continues To Sit Near All-Time Highs
Article By:
Christopher Lewis
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Monday, June 14, 2021 7:11 AM EDT
The one thing you have to worry about in the stock market right now is whether or not yields suddenly shift higher. The S&P 500 did almost nothing during the day on Friday as traders focused more on the weekend.
In this article: SPX
Fed Starting Campaign To Taper Its Asset Purchases
Article By:
Lance Roberts
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Monday, June 14, 2021 6:19 AM EDT
It is important to understand that there is a limit to how many bonds the Federal Reserve can lift out of the market. As stated, there are already problems on the short end of the curve.
Gold Price Forecast: Focus On Daily Close, As XAU/USD Breaches Key Support Ahead Of FOMC
Article By:
Dhwani Mehta
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Monday, June 14, 2021 6:11 AM EDT
Gold price pressurizes weekly lows, as the US dollar holds the firmer ground. Strong US data, stimulus woes and G7 on China keep investors on the edge ahead of FOMC.
Bitcoin Rallies Towards $40,000 As Elon Musk Tweet Fuels Positive Sentiment
Article By:
Nick Cawley
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Monday, June 14, 2021 6:05 AM EDT
In May, Musk said that he was halting Bitcoin transactions due to environmental concerns. The Tesla boss also said that the company had only sold around 10% of their Bitcoin holdings ($1.5 billion) to check market liquidity.
In this article: BITCOMP