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Day: March 23, 2022

AUD/USD Gains Pace, Why It Could Continue Higher

Key Highlights AUD/USD started a fresh increase above the 0.7320 resistance. It broke a key bearish trend line with resistance near 0.7300 on the 4-hours chart. EUR/USD is still struggling below 1.1120 while GBP/USD surpassed 1.3200. Oil price is rising again and could gain pace above $115. AUD/USD Technical Analysis The Aussie Dollar started a …

AUD/USD Gains Pace, Why It Could Continue HigherRead More

Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecasts

A home is offered for sale on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images The average rate on the popular 30-year fixed mortgage hit 4.72% on Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily. As a result of the recent spike in rates, economists are …

Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecastsRead More

Stock futures are steady as investors juggle Fed comments and policy

Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures …

Stock futures are steady as investors juggle Fed comments and policyRead More

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