Natural Gas Forecast: July Opening Rebound May Fade as US Inventory Improves

Natural gas prices are higher in APAC trading following a brutal overnight drop of more than 6%. However, Improving US inventory levels may keep bulls from making much progress.

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EUR/USD Rate to Face Range Bound Conditions on Failed Test of June Low

EUR/USD may face range bound conditions over the coming days as it appears to be defending the monthly low (1.0359).

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Bitcoin Break Down May Continue after BTC/USD Breaks 19,000

Bitcoin prices ended June with a break below key levels of support as economic recession fears heat up. BTC/USD prices look primed to continue sliding.

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Crude Oil Price Eyes Monthly Low as OPEC Retains Adjusted Output Schedule

The price of oil approaches the monthly low ($101.53) as OPEC retains the upward adjustment in their production schedule.

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S&P 500 and Nasdaq 100 Bludgeoned in the Second Quarter. Will This Trend Persist?

The S&P 500 and Nasdaq 100 suffered punishing losses in the first half of 2022 and in the second quarter, pressured by rising recession fears and tightening financial conditions.

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Euro Forecast: ECB Reveals Anti-Fragmentation Measures – Setups for EUR/GBP, EUR/JPY, EUR/USD

EUR/JPY and EUR/GBP rates are still in bullish breakout territory, while EUR/USD rates remain rangebound.

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Find Your Forex Entry Point: 3 Entry Strategies To Try

Deciding when to enter a trade can be complex because of the many variable inputs that move the forex market.

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Crude Oil Ends Seven-Month Winning Streak While EU Stocks Suffer

European equities have continued to slide as geopolitics remain key catalysts for price action. OPEC+ agrees to increase production in August, oil prices ease.

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Hawkish vs Dovish: How Monetary Policy Affects FX Trading

Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.

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Crude Oil Price Slips as ECB Forum Fallout Continues While China Data Beats Forecasts

Crude oil managed to hold ground today after sliding in the previous session as China PMI figures gave the market some good news. Will WTI resume trending up?

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Gold Prices Unlikely to Find Support from US PCE Data

Gold prices are nearly unchanged after three days of losses as inflation bets fall. Tonight's PCE inflation data out of the US is unlikely to provide a boost as central bankers look committed to ba...

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AUD/USD Bumps Around on China PMI and Good Domestic Data. Where to for AUD/USD?

The Australian Dollar nudged higher on mediocre China PMI data and strong domestic private sector credit growth. Will AUD/USD remain under the pump?

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Australian Dollar Faces China PMI Data as Iron Ore Prices Plummet

The Australian Dollar was weighed down by a stronger Dollar and falling iron ore prices. Today's PMI data out of China offers a chance for the Aussie Dollar to recover if the data impresses.

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S&P 500 and Nasdaq 100 Subdued on Hawkish Fed, Recession Risks Torment Investors

U.S. stocks were subdued Wednesday as hawkish comments from the Fed chairman dampened risk appetite and increased fears that the economy is headed for a hard landing.

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Euro Scopes ECB Forum as Risk Appetite Takes a Hit. Where to for EUR/USD?

The Euro continued to slide today ahead of the ECB forum that will see a star-studded line up from the ECB, Fed and BoE. Will they deliver anything for EUR/USD?

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Gold Prices Fall with US Consumer Confidence as Crude Oil Gains on OPEC+ Output Woes

Gold prices fell as crude oil climbed over the past 24 hours. Softer US consumer confidence and OPEC+ output woes were key factors. What is next for XAU/USD and WTI?

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AUD/USD Outlook Mired by Waning Bets for RBA Rate Hike in July

AUD/USD may face headwinds ahead of the Reserve Bank of Australia interest rate decision on July 5 as the central bank tames speculation for another 50bp rate hike.

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Bitcoin Prices Tied to Sentiment as APAC Eyes Retail Sales Data

Bitcoin fell overnight alongside US stocks as traders hit the sell button. Market sentiment may rebound in APAC trading, particularly if retail sales data out of Japan and Australia impresses.

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USD/CAD Forecast: Decline from June High Mirrors Price Action from May

USD/CAD appears to be mirroring the price action from last month as the exchange rate quickly pulls back from a fresh yearly high (1.3079).

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Nasdaq 100 in Free Fall, S&P 500 Back in Bear Market as Stocks Sink. Now What?

The Nasdaq 100 and S&P 500 plunge Tuesday amid falling consumer confidence and signs that the U.S. economy could be headed for a recession, a scenario that creates significant risks for stocks

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Crude Oil Forecast: API Data Eyed as Energy Traders Fly at Night Amid EIA Debacle

Oil prices shifted higher through APAC trading after positive economic signs. API data due out tonight may have an outsized impact on prices amid the EIA's technical issues.

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Australian Dollar Hostage to External Factors but RBA Might Have More Work to Do

The Australian Dollar has consolidated as global machinations play out before domestic factors have any say in direction. Will AUD/USD get a lift from a more hawkish RBA?

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USD/JPY Rate to Track Treasury Yields Ahead of US PCE Report

USD/JPY appears to be tracking the recent advance in US Treasury yields as it retraces the decline from the yearly high (136.71).

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BTC/USD Prices Fall into APAC Trade as Oil and Metals Catch a Bid

Bitcoin prices fell alongside a move lower in US stocks overnight despite encouraging manufacturing data. Asia-Pacific markets may see the risk-off tone carry over today.

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S&P 500 Forecast: Quarter-End Rebalancing Could Spark a Stock Market Rally This Week

S&P 500 declines on Monday after a strong upswing last week, but end-of-quarter rebalancing activity by pension and mutual funds could trigger a stock market rally in the coming days.

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NZD/USD Forecast: Rebound from Yearly Low Stalls Ahead of 50-Day SMA

Failure to push above the 50-Day SMA (0.6429) may lead NZD/USD to a test of the June 2020 low (0.6185) as the indicator continues to reflect a negative slope.

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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The Bond Market as a Forecasting Tool for Stocks: Four Key Yield Curve Regimes

Traders often use the shape of the yield curve as a leading indicator of the economy and a forecasting tool for equity performance. Here are four key yield curve regimes to know.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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AUD/USD Prices Looking to Chinese Economic Data as APAC Trading Kicks Off

The Australian Dollar is in focus ahead of today's industrial profits data from China. Although subject to broader risk sentiment, an upbeat print may help fuel AUD/USD gains.

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Weekly Fundamental US Dollar Forecast: Fading Rate Hike Odds Bode Poorly

The US Dollar (via the DXY Index) will likely be reminded of the US economy’s weak growth environment in the coming days.

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Markets Week Ahead: Nasdaq 100, US Dollar, BTC/USD, Crude Oil, PCE Data, Growth Woes

The Nasdaq 100 soared as the US Dollar weakened alongside Treasury yields and Bitcoin stabilized amid early hope that US inflation might be peaking. Crude oil prices retreated amid rising growth wo...

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Stock Market Week Ahead: S&P 500 & FTSE 100 Forecast

Global central bank repricing prompts a bear-market rally. Downside risks remain, however.

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Bitcoin (BTC/USD) Latest – Mini Bull Rallies in a Bigger Bear Market

Bitcoin is flatlining around the $21k level continuing a muted week of price action. Will the weekend bring a break in the current market lethargy?

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Euro Weekly Forecast: EUR/USD in Need of a Nudge Ahead of Next Week’s Key Economic Data

The euro came out of the intense week relatively unscathed as it heads into another stacked week full of key economic data while EUR/USD holds above 1.05.

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Australian Dollar May Fall as Global Growth Fears Fester

The Australian Dollar has been trading as a barometer of the markets’ recession fears. It may fall in the week ahead as worries about global growth continue to fester.

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Gold Prices Eye Bullish Turnaround, Silver’s Outlook Clouded by Recession Fears

Gold and silver tend to show a close correlation, but their performance could begin to diverge as rising recession odds cloud the outlook for some precious metals with industrial applications.

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4 Effective Trading Indicators Every Trader Should Know

Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.

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The Most Volatile Currency Pairs and How to Trade Them

Find out what currency pairs may show the most volatility, and how you can tailor your strategy to capitalize on market volatility.

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When Can S&P 500 Volatility Break a Stock Diversification Strategy? Analyzing the VIX

When S&P 500 volatility is too high, a stock sector diversification strategy can fail. Using the VIX, what levels should traders watch for to identify this risk and what can be done about it?

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AUD/USD Eyes Rebound After Iron Ore Catches Bid on President Xi Commentary

The risk-sensitive Australian Dollar fell overnight despite a rebound on Wall Street and higher iron ore prices. Japan's CPI print is in focus as the APAC session wraps up the trading week.

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Gold Price Outlook Mired by Failure to Test 50-Day SMA

Lack of momentum to test the 50-Day SMA ($1864) may undermine the recent rebound in the price of gold as the moving average reflects a negative slope.

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S&P 500 Rises Despite Disastrous US Economic Data, but Recession Fears May Cap Gains

S&P 500 stages a late day rally, after a subdued performance for most of the session, but gains may be short-lived amid deteriorating U.S. economic data.

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US Dollar Firms Despite Recession Chat from Fed Chair Powell. Will USD Go Higher?

The US Dollar rose despite Federal Reserve Chair Powell seeing the possibility of a US recession due to rate hikes. If he mentions recession again, will it impact USD?

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Gold Price Forecast: XAU Coils as Inflation and Recession Odds Conflict

Gold prices have seen little movement this week as markets weigh commentary from the Federal Reserve Chair as inflation and recession odds conflict against gold's fundamental backdrop.

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EUR/USD on Cusp of Pushing Above 50-Day SMA Following Fed Testimony

A move above the 50-Day SMA (1.0607) may lead to a further advance in EUR/USD as the testimony from Fed Chairman Powell does little to curb the advance from the monthly low (1.0359).

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Australian Dollar Eyes BRICS Summit After Mixed PMI Data

The Australian Dollar fell alongside US equities overnight after Fed Chair Jerome Powell's commentary before Congress spooked the market. The 2022 BRICS Summit is in focus for APAC traders.

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USD/CAD Susceptible to Larger Correction as RSI Reverses Ahead of Oversold Zone

The limited reaction to the Fed’s semi-annual testimony may lead to a near-term correction in USD/CAD as the RSI reverses ahead of overbought territory.

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S&P 500 Falls on Recession Angst Following Powell’s Testimony, Bear Market Lives On

After trading higher for most of the day, the S&P 500 turns lower and notches a small loss, weighed down by fears that the Fed may spark a recession in the process to tame inflation.

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AUD/USD Forecast: Weaker Commodities and Stronger USD Weigh on Australian Dollar

AUD/USD begins the European session on the backfoot with several headwinds suppressing the commodity linked currency as we look forward to Fed Chair Powell’s testimony.

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British Pound: UK Inflation Remains at Multi-Decade Highs, GBP/USD Nudges Higher

UK inflation nudged higher in May, keeping the pressure on the Bank of England to take a more aggressive stance on hiking interest rates.

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Crude Oil Price Tanks as Recession Fears Grow Ahead of Fed Chair Powell’s Testimony

Crude oil gave up more ground today as risk aversion permeated markets ahead of Powell's testimony before Congress later today. Will WTI break lower?

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Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update

Each of the commodity currency central banks are expected to hike rates by at least 50-bps at their next meetings.

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S&P 500 Soars Ahead of Fed Powell’s Testimony. Is This Another Dead-Cat Bounce?

The S&P 500 rallies after last week’s massive sell-off as dip buyers rush to scoop up beaten-down shares in hopes that the worst may be over ahead of Fed Powell's congressional testimony.

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British Pound Latest: Inflation, Recession Fears and Strikes Cap GBP/USD Upside

Sterling is fighting against a raft of negative economic scenarios and just for good measure the UK today faces the biggest rail strike in 30 years.

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Crude Oil Halts Slide as Risk Assets get Amnesty on Biden’s Assessment. Higher WTI?

Crude oil enjoyed some respite today after risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI?

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Copper Trading: Copper Trading Tips and Strategies

Copper may not be the world's most popular metal but it certainly is one of the more important.

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Australian Dollar Bounces on Hawkish RBA but Iron Ore Weighs Where to for AUD/USD?

The Australian Dollar has drifted higher after the RBA's PR department went into overdrive to justify YCC and explain coming rate hikes. Will AUD/USD grind higher?

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Euro Latest – US Dollar Weakness Helps EUR/USD Stabilize

The US dollar is drifting lower in European turnover, helping underpin EUR/USD ahead of Fed chair Powell's testimony later this week.

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WTI Crude Update: EIA See Demand Growth Return in 2023, Oil Sharply Lower

WTI crude continues last weeks sharp decline as risks of a US recession filter through markets after the Feds 75 bps hike. EIA report sees return to demand growth in 2023

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S&P 500 Forecast: Rare Occurrence in S&P 500, Peak in Bond Yields?

Outlook becoming a little less bearish for stocks and bonds as oil slides

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British Pound (GBP) Forecast: GBP/USD Unmoved in Early Trade as U.S. Celebrates Juneteenth

Little has changed in GBP/USD price action since last week as traders look ahead to key economic data later this week.

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Bitcoin Breaks Below 20,000 as Fed Hikes Bite Risk Assets. Will BTC/USD Recover?

Bitcoin has come under further pressure as rate rises from the Fed, BoE and SNB last week are starting to add up to a risk asset rout. What will turn BTC/USD around?

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Why Most Traders Fail and How to Increase Trading Success

Big financial market volatility and growing access for the average person have made active trading very popular, but the influx of new traders has met with mixed success.

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Crude Oil Trading Strategies and Tips

Crude oil is the most valuable market on Earth, and a key commodity for today's economy. But how can traders build strategy to trade crude oil?

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Weekly Fundamental Swiss Franc Forecast: Trajectory Changes After SNB

The Swiss National Bank’s first rate hike in 15 years has changed the calculus around the Swiss Franc.

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Markets week Ahead: Dow Jones, US Dollar, USD/CAD, GBP/USD, USD/JPY, Powell, Inflation

It was a busy week in markets, with volatile action across equities and currencies. That volatility may persist in the coming week. Mr. Powell's testimony before Congress is perhaps the key event t...

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Dow Jones, S&P 500 and Nasdaq 100 Outlook for the Week Ahead – Not Looking Good

The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Federal Reserve stepped up efforts tame runaway inflation with a 75bps rate hike. The economic docket is light, but volatility remains ripe.

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USD/JPY Outlook: All Eyes on Fed Testimony as BoJ Sticks to Easing Cycle

Developments coming out of the US may influence USD/JPY over the coming days as Chairman Jerome Powell is scheduled to testify in front of Congress.

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Euro Fundamental Forecast: ECB Emergency meeting, Anti-frag Tool & Gas Disruptions

The euro faces many challenges as Russian gas supplies dwindle and the ECB does little to allay bond market nervousness after unsubstantiated mention of an anti-frag tool

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US Dollar Fundamental Forecast: DXY Eyes Powell Testimony, Economic Data

The US Dollar is coming off a busy week of FOMC-filled action, but the economic docket remains full of event risks. Mr. Powell's testimony is among the most important.

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Oil Price Forecast: Sell-Off Looks Overdone, Tight Energy Market Supports Rebound

Oil sold off during the week and fell to its lowest level in nearly a month on growing recession fears, but the commodity could rebound soon, supported by extremely tight energy markets.

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Australian Dollar Outlook: Hawkish RBA Underpins AUD for Now

The Australian Dollar was boosted by a suddenly hawkish RBA signalling a much higher rate path. If commodities hold up and China loosens up, will AUD/USD go higher?

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Swiss Franc Bolts Higher as the SNB, BoE Join the Rate Hike Party While BoJ Dances Alone

The Swiss Franc has mostly held gains resulting from the SNB surprise hike, joining BoE tightening and leaving a dovish BoJ behind. Where to EUR/CHF?

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USD/JPY Soars as Bank of Japan Defends Ultra-Loose Policy and Not the Yen, Where to?

The Japanese Yen is being hammered by markets as the Bank of Japan held policy unchanged in June, committing to continue ultra-loose policy despite a tumbling currency. Where to for USD/JPY?

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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Gold Prices Rise as US Dollar Falls on Economic Woes, Where to for XAU/USD?

Gold prices rallied as the US Dollar sank with Treasury yields after disappointing US housing data fueled broader economic woes. Ahead, XAU/USD is eyeing industrial production data.

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BTC/USD May Break 20,000 as Bank of Japan Decision Looms

Bitcoin prices may break below the psychologically important 20,000 level after sentiment collapsed on Wall Street. The Bank of Japan's interest rate decision is set to cross the wires today.

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USD/JPY Forecast: RSI Sell Signal Emerges Ahead of BoJ Rate Decision

The Relative Strength Index (RSI) warn of a larger pullback in USD/JPY as the oscillator falls back from overbought territory to indicate a textbook sell signal.

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Euro Fails Dithers Despite Weaker US Dollar Post Fed Hike. Where to for EUR/USD?

The Euro gave up some ground despite a softer US Dollar in the wake of the Fed's 0.75% hike ahead of the BoE and SNB decisions. Will EUR/USD resume its downtrend?

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Gold Price Forecast: XAU/USD May Surrender FOMC Gains on Return of Bond Bears

Gold prices may surrender gains made after the Federal Reserve's rate decision sent Treasury yields lower. However, with more rate hikes ahead, bond bears may return to gold's detriment.

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Australian Dollar Steady After Jobs Data Adds to RBA Hawkish Stance. Will AUD/USD Rally?

The Australian Dollar was relatively unchanged after a low unemployment reading did little to change perceptions. What lies ahead for AUD/USD?

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Crude Oil Price Eyes June Low amid Rise in US Inventory & Production

The price of crude oil may face a further decline over the coming days if it fails to defend the opening range for June.

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NZD/USD Price Forecast: Post-FOMC Bounce Hits Snag on Downbeat GDP Data

The New Zealand Dollar rallied overnight against the Dollar following the FOMC decision. However, a downbeat GDP print out of New Zealand may see the rally fade.

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S&P 500 and Nasdaq 100 Rally Despite Fed’s Hawkish Hike, but Will Gains Last

U.S. stocks rally after Fed Chairman Powell says he does not expect 75 basis points rate hikes to be commonplace during the ongoing tightening cycle.

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AUD/USD Reverses Ahead of Yearly Low with Australia Employment on Tap

AUD/USD may stage a larger recovery over the coming days as the exchange rate appears to be reversing course ahead of the yearly low (0.6829).

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Fed Raises Rates by 75 Basis Points in Largest Hike Since 1994 in Effort to Crush Inflation

The Federal Reserve raised its benchmark interest rate by 75 basis points to 1.50-1.75%, the third hike in the ongoing tightening cycle aimed at cooling rising inflationary pressures.

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Crude Oil Perseveres

While debate continues on the transition from fossil fuels to green energy, the nation will rely on oil and gas for the foreseeable future

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USD/CAD Rally Eyes Yearly High Ahead of Fed Rate Hike

USD/CAD may continue to retrace the decline from the yearly high (1.3077) as the Federal Reserve is expected to implement higher interest rates on June 15.

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Bitcoin, Ethereum, and Alt-Coins: A Brief History of Crypto Winters

Nick Cawley explores his experiences in the 2017 crypto winter, explains the backdrop of last year's crypto boom, and tries to explore if Ethereum, Bitcoin, and Alt-Coins will have a meteoric rise ...

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Solar Energy Stocks

The golden age has yet to arrive for stocks in solar power companies

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; June Fed Meeting Preview

Rates markets are now pricing in a 75-bps rate hike by the Federal Reserve on Wednesday.

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Crypto Sell-off Forces Coinbase to Cut Jobs, Fed Rate Decision Looms

Bitcoin prices stabilize above $20,000 despite Coinbase announcement. FOMC and Fed rate decision support USD strength as riskier assets remain under pressure.

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FX Week Ahead - Top 5 Events: Fed Rate Decision; Australia Jobs Report; BOE Rate Decision; BOJ Rate Decision; Eurozone Inflation Rate

The second half of the week is loaded with significant event risk.

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USD/JPY Price Forecast: Kuroda Signals Potential End to Yen Weakness

USD/JPY accelerated to over 135.00 but a sharp U-turn from BoJ Governor Kuroda describing recent sharp declines as “undesirable” for the economy, could stem losses

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GBP/USD Forecast: Surprise Decline in UK GDP, Sterling Hitting the Lows

UK GDP posts surprise contraction highlighting the stagflation risks that the UK economy faces.

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How Central Banks Impact the Forex Market

Discover how policies and interest rate hikes of central banks impact forex and trading decisions.

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Gold Price Hangs Tough as Markets are Pummelled After Shocking US CPI. Higher XAU/USD Ahead?

The gold price got an initial boost from US CPI carnage, but rising yields have taken the shine off it, and the US Dollar is soaring. More consolidation for XAU/USD?

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Euro Technical Outlook - EUR/USD and EUR/JPY Have Lost Ground but Have Trend Lines Intact. Will They Hold?

The Euro has been slammed against the US Dollar and the Japanese Yen but underlying momentum could resume. Can the Euro find firmer footing?

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The Federal Reserve Bank: A Forex Trader’s Guide

Learn about the US central bank, its key mandates, and how to trade Fed interest rate decisions.

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Australian Dollar Faces Chinese Lockdown Risk as Yen Preps for BOJ

The Australian Dollar may continue to decline against USD after China reinstated Covid lockdowns across Beijing and Shanghai over the weekend. The Japanese Yen faces a potentially noteworthy week.

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Weekly Technical Crude Oil Price Forecast: Technicals Remain Bullish

Crude oil prices continue to push higher, with fundamental tailwinds buttressing an already-bullish technical posture.

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Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, Fed, British Pound, BoE, Yen, BoJ

The Dow Jones, S&P 500 and Nasdaq 100 tumbled in the worst week since early January. Surging inflation has everyone eying the Fed, BoE and BoJ. Will the US Dollar continue rising alongside Treasury...

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S&P 500 & FTSE 100 Forecast for the Week Ahead

Equities slump after Hot CPI. Rally Sellers Remain Dominant

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Japanese Yen Fundamental Forecast: Prices Approach 1998 Levels Ahead of BOJ

The Japanese Yen's descent continued last week after an inflation print firmed up the US Dollar. A dovish Bank of Japan is unlikely to take action despite the extreme weakness. Will JPY fall further?

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Euro Forecast: EUR/USD Now Turns to the Fed and BoE After a Hawkish ECB

The Euro is struggling to rise despite an increasingly hawkish European Central Bank as competition gets stiff between its major peers. Where to for EUR/USD with the Fed’s turn next?

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Swiss Franc Price Forecast: Parity on the Cards for USD/CHF Ahead of SNB Rates Decision

The Swiss Franc's rapid decline of late may be in for further weakness ahead of the SNB and Fed rate decisions respectively, while USD/CHF looks to test 1.00.

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US Dollar Forecast: Bullish Bias Intact ahead of FOMC, Hawkish Guidance to Boost DXY

The U.S. dollar is likely to rise next week if the Fed signals at its June meeting that it will have to raise rates more aggressively in response to broadening inflationary pressures.

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Bitcoin fails to recover as elevated inflation weighs on sentiment

Bitcoin prices suffered after US CPI rose to a four-decade high. With fundamentals currently driving price action, the economic calendar remains key for digital assets.

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Australian Dollar Outlook: US Dollar is the Dominator for Now

The Australian Dollar has a very healthy economy behind it and the longer the currency stays undervalued, the stronger it gets. Will AUD/USD get a grip?

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Gold Prices at Risk as All Eyes Turn to US CPI Inflation Data

Gold prices appear to be vulnerable as Fed rate hike expectations firm and the US Dollar recovers ahead of May’s US CPI inflation data. It will set the stage for next week’s FOMC meeting.

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US Dollar Takes Flight as Risk Assets Tank Ahead of US CPI Data. New Highs for DXY?

The US Dollar has gained traction as Treasury yields run higher with inflation concerns growing ahead of US CPI data. Will the USD (DXY) index keep ascending?

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Nasdaq 100 Sinks as ECB Turns More Hawkish. ASX 200 at Risk, Eyeing China CPI Data

The Nasdaq 100 and tech stocks tumbled as the ECB, another major central bank, turned more hawkish. Australia’s ASX 200 is looking vulnerable, eyeing Chinese lockdowns and CPI data.

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Australian Dollar Falls on Return of Chinese Lockdowns Ahead of US CPI

The risk-sensitive Australian Dollar fell against the US Dollar overnight after sentiment took a hit after China took a step back on its "Zero-Covid" policy. Traders are preparing for tonight's US ...

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S&P 500 Sinks on Fears Upcoming Inflation Report Will Force Tougher Fed Tightening

US stocks slump Thursday as traders cut risk exposure and run for the exits on fears that the May US inflation report will cause the market to price in a more aggressive Fed tightening cycle.

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Contractionary Monetary Policy: What is it and How Does it Work?

Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work

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How to Read a Candlestick Chart

Learn how to read and interpret candlestick charts for day trading, with top strategies and tips.

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Australian Dollar Falls as Oil Advances Ahead of China Trade Data

The Australian Dollar fell against the US Dollar as climbing oil prices stoked inflation fears. China's trade balance for May is set to cross the wires.

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A Guide to Trading Psychology

The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.

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Hawkish vs Dovish: How Monetary Policy Affects FX Trading

Hawkish and dovish policies affect FX rates through a mechanism referred to as 'forward guidance'.

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Forex Spreads Trading Strategies & Tips

Learn how to master the forex spread and keep your trading costs low with our strategies and tips.

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Crude Oil Price Soars on Bullish Demand Outlook, Tight Markets Post Russian Embargo

Oil prices rose on Wednesday to their best levels in three months on prospects of strong demand and signs that the market will continue to tighten once China fully reopens its economy.

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Cathie Wood & Ark: Insiders Aren’t Buying the Hype

Fund manager Cathie Wood says her portfolio will produce a 40% compound annual growth rate over the next five years. Market history and executive insiders suggest otherwise.

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Crude Oil Price Pumps Higher as China Eases Restrictions and Russia is Forced to the High Seas

Crude oil holds the high ground as Chinese lockdowns ease, while supply remains tight with Russian oil leaking out over the oceans. Will WTI hit new heights?

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Australian Dollar Post-RBA Boost May Continue as Uranium Prices Surge

The Australian Dollar may continue to rise following its post-RBA surge as uranium prices rise on signals of a further tightening in the ore's market.

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Fibonacci Confluence on FX Pairs

Fibonacci levels can highlight key areas of support and resistance, but multiple Fibonacci levels in close proximity may provide even greater insight

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S&P 500 Forecast: Rally Selling to Persist, Rising US Rates a Concern

S&P 500 bias remains a fade on rallies as US benchmark yield tops 3%

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How to Be a Part Time Trader: Tips on Workflow and Strategy

The 24-hour FX market makes it easier for part time day traders to take advantage of trends.

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British Pound (GBP) Forecast: Political Uncertainty Adds to Gloomy UK Growth Outlook

GBP/USD continues to move sideways after Boris Johnson’s no-confidence vote enhances an already grim expectation of the pound.

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Australian Dollar Roars Higher After RBA Hike by 0.50%. Where to for AUD/USD?

The Australian Dollar spiked after the RBA surprisingly moved the cash rate target to 0.85%, an increase of 0.50%. Will AUD/USD rally from here?

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Crude Oil Price Forecast: Inventory Data in Focus as Demand Side Strengthens

Crude oil prices may rise further this week amid a healthy picture for global demand. Traders are eyeing API and EIA inventory data due out over the next couple of days.

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Australian Dollar Forecast: AUD/USD Awaits RBA Decision

Potential for hawkish surprise by RBA. AUD underpinned on improving risk sentiment

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10 Trading Mistakes to Avoid in Forex Trading

Human error in the FX market is common and can lead to common trading mistakes. See the top 10.

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British Pound Latest: PM Johnson Will Face a Vote of No Confidence Today

GBP/USD is undecided on news that UK PM Boris Johnson will face a vote of no confidence later today.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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Crude Oil Price Rally Plays Out as China Eases Covid Controls. Will WTI Make a New High?

Crude oil prices continued to press higher today as supply issues swirl and the US Dollar gave up some ground. Where to for WTI?

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How to Short Sell a Stock When Trading Falling Markets

Short selling is a great way to trade on a falling market. Learn how to short stocks

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Australian Dollar Eyes China PMI Amid Fragile Market Sentiment

The Australian Dollar is in focus to kick off the week ahead of today's PMI figures out of China. AUD/USD may rise if China's recent slowdown shows signs of dissipating as Covid restrictions loosen.

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Markets Week Ahead: Dow Jones, US Dollar, USD/CAD, Euro, ECB, Inflation, Canadian Jobs Report

Markets face another busy week filled with event risks as traders gauge central bank policy and global inflationary pressures.

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Weekly Fundamental Euro Forecast: June ECB Meeting in Focus

The ECB will likely take the first steps to pave the path towards rate hikes in the second half of 2022.

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S&P 500 Forecast for the Week Ahead: Inflation Data to Make or Break the Market

The May U.S. inflation report will be key for the S&P 500 next week. For sentiment to improve meaningfully, the data will have to show that inflationary pressures are easing at a rapid pace.

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Gold Price Outlook: XAU/USD May Fall as Markets Pivot Back to Inflation Woes

Gold prices remain vulnerable after a solid US non-farm payrolls report underscored the Fed's confidence in the economic outlook. All eyes are on the next US inflation report.

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US Dollar Fundamental Forecast: USD May Rebound Despite Expected CPI Cooling

The US Dollar moderated following multi-week losses. Traders have US CPI data in focus, but a weaker-than-expected print is unlikely to cool Fed rate hike bets. That may keep the US Dollar firmly s...

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Weekly Crude Oil Forecast: OPEC+ Supply, U.S. Dollar and Economic Data in Focus

Crude oil has managed to end the week on high leaving next week open to fundamental forces from both supply and demand-side factors and a resurgent USD.

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Australian Dollar Primed to Move on RBA, Swinging Risk Appetite

The Australian Dollar looks primed for volatility. An expectant mood ahead of the upcoming RBA policy update may compound sensitivity to seesawing risk appetite trends.

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Gold Price Forecast: XAU/USD Shadows Rise in Real Yields Ahead of NFP

Spot gold opened lower this morning as markets anticipate the upcoming NFP release. XAU/USD trades above $1850 for now but could flip dependent on U.S. data later today.

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Crude Oil Prices May Rise on NFPs after OPEC+ Meeting Boosted WTI to Resistance

Crude oil prices may extend gains from the OPEC+ meeting and EIA inventory data if US non-farm payrolls data disappoints and boosts the S&P 500. Will WTI breach key resistance?

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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Trading Forex at the News Release

Learn how to trade forex news at the release with our top news trading strategies

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AUD/USD Seeks to Maintain Gains After Rosy US Session as NFPs Nears

The Australian Dollar paced higher versus the US Dollar as Wall Street rallied overnight. APAC traders may look to capitalize on that momentum into the weekend. Tonight's US NFP data is on the radar.

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Crude Oil Price Unfazed by Rise in OPEC Output amid Decline in US Inventories

Current market conditions may keep the price of crude oil afloat amid the larger-than-expected decline in US inventories.

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Australian Dollar Stuck Despite Trade Data Boost. Will the RBA Kick AUD/USD Higher?

The Australian Dollar struggled to capitalize in the aftermath of trade numbers that beat expectations, providing ammunition for RBA hikes. Where to for AUD/USD?

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USD/JPY Rate Reversal Takes Shape Ahead of 50- Day SMA

USD/JPY may track the positive slope in the 50-Day SMA (127.19) as the exchange rate reveres ahead of the moving average.

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Bitcoin Drops Alongside US Stocks as Treasury Yields Weigh on Sentiment

Bitcoin prices sank more than 5% as US stocks closed lower on the first trading day of the month. That dour tone may bleed into the APAC session as traders eye Australian trade data.

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S&P 500 Sags as Strong US Manufacturing Data Sparks Surge in Treasury Yields

The S&P 500 falls for a second straight day as strong US manufacturing data increases the likelihood that the Fed will have to continue to front-load hikes to cool demand and curb inflation.

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EUR/USD Struggles to Hold Above 50-Day SMA Ahead of NFP Report

Data prints coming out of the US may keep EUR/USD under pressure as the Non-Farm Payrolls (NFP) report is anticipated to show a further improvement in the labor market.

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Copper Price Technical Analysis: Bullish Momentum Gathers Pace

Copper prices have continued their rebound from their May lows.

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Sterling Price Forecast: GBP/USD Bullish Momentum Stalls Ahead of NFP

In the absence of high impact UK data, we turn to the US for insight into GBP/USD price action. A whole host of Fed speakers, ISM data and NFP data ahead

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Euro Price Forecast: Is the EUR/USD Bear Market Rally Coming to an End?

EUR/USD may be making a turn lower after growth prospects were muted by the Russian oil embargo, while key ECB and Fed speeches are expected later today.

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Canadian Dollar Forecast: BoC to Hike, USD/CAD Falls into Support

BoC risks a hawkish disappointment. USD/CAD testing support

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