Week in review: Dollar sulks, Congress divided, Gold unstoppable?

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It was a trading week defined by Dollar weakness, US stimulus hopes, tumbling bond yields and soaring Gold prices.

 

After their astonishing performance in July, global equities kicked off the new trading month in a more mixed fashion as investors adopted a cautious stance ahead of key economic data and renewed US-China tensions.

 

In the currency space, we discussed the possibility of the EURUSD pulling back towards 1.1700 before potentially pushing higher. Prices are trading around 1.17780 as of writing with new support found at 1.1700 and resistance at… Read More:

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