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The US dollar depreciated on Tuesday as investor confidence wavered amidst changes in the tone of Federal Reserve officials. Expectations regarding US and Treasury rates diminished following a more subdued stance from Reserve officials. In contrast, the yen edged higher due to the Middle East violence, encouraging safe-haven assets, and stabilized at 148.34 per...

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The recent attack by Hamas has garnered public praise from Iran and Hezbollah, Iran's Lebanese ally, escalating tensions in the Middle East. Jacobsen stated, "Iran's oil production is on the rise, but any progress they make behind the scenes with the U.S. will be significantly undermined as Iran celebrates Hamas' horrific actions." He added, "The most important...

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Gold maintained its stability around the $1,800 mark on Monday in response to the Israel-Hamas conflict. However, the recovery of safe-haven assets hinges on the extent of the crisis and its impact on oil and global markets, analysts noted. The most active gold futures contract on the New York Comex, December, rose by $19.10, equivalent to 1%, reaching $1,864.30...

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According to a report released by Bitfinex Alpha on Monday, the first week of October witnessed a significant surge in Bitcoin's volatility, surpassing the 200-day moving average. The report indicates that this trend mirrors historical patterns where the volatility of major ownership metrics precedes fluctuations in risk assets like Bitcoin and might persist...

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In the broader context of the currency market, the yen continues its upward trajectory despite modest fluctuations. The euro dipped by 0.3% to 157.44 yen (EURJPY), while the dollar also saw a slight decrease of 0.1% to 149.14 yen (USDJPY). Against the US dollar, the euro declined by 0.2% to 1.0566 USD (EURUSD). Cautious optimism prevails, exerting a calming...

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October has historically proven to be a significant month for Bitcoin and the entire cryptocurrency market. Heightened focus on Bitcoin and digital currencies during this period often leads to substantial profits, offering potential gains even in relatively modest trades. However, the path to earning $20 million is far from devoid of challenges. In recent weeks,...

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The British Pound (GBP) has been striving to regain its footing this week, primarily fueled by an overall improvement in risk sentiment. This recovery brings a sigh of relief as Cable significantly benefits from an enhanced risk appetite. The halting of protests over the US Dollar Index and stalled discussions related to US Treasury yields played a pivotal role in...

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The surge in violence in Israel over the weekend is prompting a shift towards safe haven assets, as investors closely monitor events in the Middle East to assess political risks to the market. Armed militants from the Palestinian group Hamas infiltrated Israel in an unprecedented attack on Saturday. Western nations, led by the United States, have condemned the...