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Gold higher, yen outperforms as risk appetite struggles

From hantecfx.com

There is very little to be positive about across major financial markets right now. The trade tensions show little sign of easing, whilst geo-political risk is elevated with the international condemnation of Saudi Arabia and President Trump ready to pull the US out of a nuclear arms treaty with Russia. Political risk in Europe is also a key factor with the Italian government standing firm over its populist spend increasing budget, whilst UK Prime Minister continues with (what I see as) the hardest job in politics, trying to deliver Brexit amidst pressure from both the EU and domestic fronts. The weakness and ... (full story)

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  • Category: Technical Analysis