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U.S. Treasury auctions off $44 billion of the seven year notes at a high yield of 4.716%U.S. Treasury auctions off $44 billion of the seven year notes at a high yield of 4.716%

High Yield: 4.716WI level at the time of the auction: Actual: 4.716% Tail (the Tail is the difference between the WI level trading just prior […]

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AUDUSD ups and downs as fundamental news keeps volatility high for the pair.AUDUSD ups and downs as fundamental news keeps volatility high for the pair.

Earlier this week, Australian CPI for the quarter came in higher than expectations and that helped to push the AUDUSD pair to the upside. The […]

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Major European indices close lower. US stocks lower. Yields are higher.Major European indices close lower. US stocks lower. Yields are higher.

European indices are closing lower on the day: German DAX, -0.91%France CAC, -0.93%UK FTSE 100, +0.48%Spain’s Ibex, -0.40%Italy’s FTSE MIB, -0.97% European yields are also […]

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EURUSD moves lower and tests the 100 hour MA. Finds buyers.EURUSD moves lower and tests the 100 hour MA. Finds buyers.

The EURUSD fell after the higher than expected inflation data from the US GDP report. The fall took the price back below the 38.2% retracement […]

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Kinesis Mint Becomes the Official Partner for the House of MandelaKinesis Mint Becomes the Official Partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed […]

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Goldman Sachs: The composition of the GDP report was not as soft as it lookedGoldman Sachs: The composition of the GDP report was not as soft as it looked

The fallout from today’s first look at Q1 GDP continues to reverberate with the US dollar stronger and equities weaker because of hot inflation numbers. […]

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Israel has increased airstrikes on the Rafah areaIsrael has increased airstrikes on the Rafah area

Israel has increased airstrikes on the Rafah area. The price of crude oil is still trading lower on a day at $82.20 that down around […]

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Spot gold is now up over 1%, and in the process is extending back above its 100H MASpot gold is now up over 1%, and in the process is extending back above its 100H MA

Gold price is seeing a push to the upside with the price now up $28.44 or 1.23% at $2343.68. The high price just reached $2344.89 […]

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US yields move to new session highs. The 2 &10 year yields at highest level since NovemberUS yields move to new session highs. The 2 &10 year yields at highest level since November

US yields are moving to new session highs with the 2-year yield now back above 5.0% as traders price out rate cuts in 2024 even […]

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USDCHF trades to a new high but backs off again on the first testUSDCHF trades to a new high but backs off again on the first test

The USDCHF has moved higher after an initial dip post weaker GDP growth. However, when traders noticed the price data, the price quickly reversed higher. […]

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