FX.co ★ Forex Humor. A look at the Forex market with Humor
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Spot gold tops $4,150 as markets react to US midterms
Spot gold climbed above $4,150 an ounce on Thursday, November 5, for the first time since October 21, according to Investing platform data. The metal gained 1.92% (or $78.07) from...
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New EU levies force London to negotiate
The European Union and the United Kingdom are one step away from merging their carbon emissions allowance markets. Nearly six years after Brexit, London is effectively rejoining the European system...
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Goldman Sachs trims gold price targets on Fed’s hawkish rhetoric
Goldman Sachs has sharply downgraded its price forecasts for gold, citing the Federal Reserve’s hawkish rhetoric as the key factor that has calmed investors and reduced fears of a broad...
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Victory for Democrats supports broad US stock market but splits tech sector
The US stock market rose after reports that the Democratic Party won the congressional elections and the Republican Party led by President Donald Trump failed. According to media sources...
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Elon Musk quips after Republican defeat despite nearly half‑billion dollar backing
American billionaire Elon Musk publicly commented for the first time on preliminary midterm results that delivered a decisive victory to the Democratic Party. “Guess my election-interfering space lasers didn't work...
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Weak guidance sends Intel into its worst month on record despite AI boom
Intel’s stock plunged in its bleakest month on record, losing roughly half its value from the June peak by early November. The rout culminated with a one‑session decline of about...
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S&P Global PMI dips to 49.6 in October, ending nine‑month expansion amid trade uncertainty
Canada’s manufacturing sector slipped into contraction in October for the first time in 2026, ending a nine‑month run of expansion. The S&P Global’s purchasing managers’ index (PMI) fell from 51.5...
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China urges banks to slow IPOs in effort to stem equity rout
Chinese regulators have advised banks to temporarily curb initial public offerings and large equity placements in an effort to stabilize the stock market, the Financial Times reports. The measure follows...
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Democratic Congress to curb Trump’s agenda and fiscal stimulus
The Democrats’ decisive victory in the US midterms and their takeover of both chambers of Congress triggered a marked repricing of risk across global markets: the US dollar and stock...
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EU losses rise by €21bn in just one week amid Hormuz crisis and expensive gas
The European Union’s total financial losses from the rapid rally in energy prices from January through the end of October have reached an enormous €127 billion, European Commission President Ursula...
