How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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Euro Struggles After Another Fed Flex Toward Higher Rates Boosts the US Dollar

The Euro gave up some ground today as US Dollar strength continues across the board after more Fed messaging lifted Treasury yields and sunk currencies, commodities and equities.

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Gold Price Lurching Lower as US Dollar and Yields Gain. Where to for XAU/USD?

Gold has eased in the aftermath of the Federal Reserve's Jackson Hole meeting that sent Treasury yields and the US Dollar higher. Will the XAU/USD recover?

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Crude Oil Price Rebound Unravels After Testing 50-Day SMA

The price of oil may continue to give back the advance from the monthly low ($85.73) as it appears to be reversing course after testing the 50-Day SMA ($96.34).

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AUD/USD Probes Fresh Multi-Month Lows to Kick Off September Trading

The Australian Dollar is moving lower against the US Dollar after US stocks fell for a fourth session. China's Caixin PMI data is in focus after Australian PMI data declined for August.

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USD/JPY Rate Approaches Yearly High Ahead of NFP Report

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

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S&P 500, Nasdaq and Dow Extend Losses as Bears Remain at the Driver’s Seat

US Indices ended today’s session and the month of August in negative territory in an environment of low liquidity and rising interest rates

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British Pound (GBP/USD) Forecast: Nord Stream Shutdown Adds Fuel to Energy Crisis

GBP headwinds intensify as a major Russian pipeline stops gas flows to Europe leaving the pound vulnerable to further downside.

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AUD/USD Unfazed on China PMI Data Amid Sour Market Sentiment

The Australian Dollar was largely unfazed against the USD after China's manufacturing activity crossed the wires. The PMI index remained in contraction, dimming hopes that a Chinese economic reboun...

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USD/CAD Rate Eyes Yearly High Ahead of Canada GDP Report

USD/CAD may stage another failed attempt to test the yearly high (1.3224) as Canada’s Gross Domestic Product (GDP) report is anticipated to show a pickup in the growth rate.

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New Zealand Dollar Eyes Chinese Economic Data as APAC Markets Prep for Risk-Off Move

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AUD/USD Rate Vulnerable to Upbeat US Non-Farm Payrolls (NFP) Report

The US Non-Farm Payrolls (NFP) report may drag on AUD/USD as the update is anticipated to show a further improvement in the labor market.

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S&P 500, Nasdaq, Dow Pull Back: Good News is Bad News for Stocks

US Indices ended the session in negative territory as better-than-expected economic data indicates that the FOMC will not back away from its aggressive tightening cycle.

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Gold Price Outlook Mired by Failure to Push Back Above 50-Day SMA

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S&P 500, Nasdaq, Dow Trim Earlier Losses

US Indices managed to retrace most early-session losses at the start of the week, but still ended the day lower, weighed by monetary policy fears.

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FX Week Ahead - Top 5 Events: China Manufacturing PMI; Eurozone Inflation Rate; Canada GDP; US ISM Manufacturing; US NFP

The final days of August and early days of September will feature a smattering of growth, inflation, and jobs data from Europe and North America.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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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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Dax 40 Dives as Equity Rout Widens After Fed Chair Powell Returned to Hawkish Script

Reserve Chair recalibrated markets into a higher for longer interest rate mindset. Will the Dax go lower?

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Japanese Yen Slips Against US Dollar as Powell Confirms Hikes. Where to for USD/JPY?

The Japanese Yen lost ground against the US Dollar after the Federal Reserve made it clear that the fight on inflation needs to be won and signalled tighter policy is coming.

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Australian Dollar at Risk as Market Sentiment Sours After Powell Comments

The risk-sensitive Australian Dollar is at risk of falling further versus the US Dollar as Asia-Pacific traders digest last week's comments from Federal Reserve Chair Jerome Powell.

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Weekly Fundamental Gold Price Forecast: Real Rates Problematic Again

Gold prices had a relatively tame week despite sharp losses on Friday. More concerning is the renewed push higher by real yields in developed economies.

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Markets Week Ahead: Nasdaq 100, S&P 500, US Dollar, Gold, Fed, China PMI, Volatility

The Nasdaq 100 and S&P 500 faltered as market volatility returned. Hopes of a Fed pivot were increasingly extinguished by Chair Jerome Powell. The US Dollar gained as gold suffered. Now, all eyes t...

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Dow Jones and S&P 500 Cratered on Powell Comments - APAC and EU Stocks Likely to Follow

The Dow Jones Industrial Average and S&P 500 cratered after Fed Chair Powell's Jackson Hole speech. Asian and European stocks are likely to feel the pressure this week.

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Canadian Dollar Forecast: USDCAD Points Higher Following Jerome Powell’s Jackson Hole Speech

Following Jerome Powell's hawkish Jackson Hole speech, USDCAD points higher toward 1.3100. Upside could be limited on oil strength.

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Euro Price Forecast: Hawkish Powell Sees Reemergence of Central Bank Divergence Narrative for EUR/USD

EUR/USD goes into the week with markets knowing the Fed's aggressive outlook while the EU continues to be plagued by an energy crisis as we head into winter.

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US Dollar Forecast: Will Another Non-Farm Payrolls Print Offer a Tight Labor Market?

The US Dollar is regaining upside moment against the backdrop of Fed hawkishness, quantitative tightening and market volatility. Another tight non-farm payroll report may offer the same.

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Bitcoin, Ethereum Sell-off Deepens as Fundamentals Drive Crypto Lower

Bitcoin, Ethereum and alt coins ruined by Fed Chair Jerome Powell’s speech that sent cryptocurrency and risk assets into a sea of red. Next up is ISM and NFP, two big data points for risk aversion.

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Australian Dollar Outlook: RBA in the Shadow of the Fed for Now

The Australian Dollar had a whippy week after Chinese stimulus plans were over wrought by a Federal Reserve that got tough talking around a campfire in a ski resort.

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Quantitative Tightening: What is it and How Does it Work?

Quantitative tightening is a policy tool used by central banks to moderate an overheating economy. Find out how it is implemented and uncover its potential drawbacks

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S&P 500 Poised Ahead of Jackson Hole Where Markets Await a Potential Powell Pivot

The S&P 500 is at a crossroads as the markets test the Fed's resolve to tighten financial conditions to contain price pressures. Will Fed Chair Powell's address turn the S&P 500?

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Crude Oil Prices Unconvinced by S&P 500 Rally Ahead of Jackson Hole, PCE Data

Crude oil prices were not convinced by the S&P 500 rally on Thursday. Energy traders eagerly await a speech from Fed Chair Jerome Powell at Jackson Hole as well as PCE data.

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USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly

Data prints coming out of the US may fuel the recent weakness in USD/CAD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show a slowdown in inflation.

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Australian Dollar Traders Higher Alongside Dow Jones Before Powell Speech

The Australian Dollar benefited from an overnight risk-on move in New York. APAC markets may trade higher as traders prepare for Jerome Powell's speech.

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EUR/USD Holds Above December 2002 Low to Keep RSI Out of Oversold Zone

EUR/USD may continue to recover over the coming days as the Relative Strength Index (RSI) manages to hold above oversold territory.

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S&P 500, Nasdaq, Dow Rally - Unfazed by Hawkish Rhetoric

US Indices ended in positive territory for the second consecutive day amid stronger-than-expected economic data, but despite hawkish comments from Fed officials.

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Central Bank Watch: BOE & ECB Interest Rate Expectations Update

Inflation pressures are worsening in the Eurozone and the UK as the energy crisis mounts ahead of the winter months.

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Gold Price Forecast: US GDP Data in Focus as XAU Traders Eye Powell

Gold prices, along with the broader market, are keenly focused on Federal Reserve Chair Jerome Powell's speech on Friday. Until then, an update to US GDP data may move XAU.

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Euro Outlook Remains Murky as Gas Prices Soar and Fed Hikes Loom. Can EUR/USD Recover?

The Euro is struggling as the energy crisis evolves and a US Dollar that is gaining traction as the Fed gear up for their Jackson Hole symposium. Is a bear market intact for EUR?

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Crude Oil Price to Stage Larger Recovery on Break of August Opening Range

The price of oil may stage a larger recovery over the coming days if it manages to clear the opening range for August.

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NZD/USD Unfazed After Kiwi Retail Sales Ahead of Jackson Hole

Markets are quiet ahead of Jackson Hole, with US stocks seeing small gains overnight. NZD/USD was uninspired by second-quarter retail sales data for the island nation.

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S&P 500, Nasdaq, Dow Hold Support, Look to Powell’s Jackson Hole Speech

US Indices traded in a small range today as markets patiently await guidance from Fed Chair, Jerome Powell.

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Gold Price Rebound Susceptible to Negative Slope in 50-Day SMA

Failure to push back above the 50-Day SMA ($1769) may undermine the recent rebound in the price of gold as the moving average continues to reflect a negative slope.

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Wednesday Wisdom with James Stanley

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Natural Gas Prices May Rise Further After Hitting Record Levels in Europe

European natural gas prices pulled back from a record-high close on Tuesday, but the potential loss of gas flows via the Nord Stream 1 Pipeline threatens to push prices higher yet.

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Japanese Yen Holds Ground Against US Dollar as Fed Forum Nears. Where to for USD/JPY?

The Japanese Yen has steadied against the US Dollar ahead of the Federal Reserve conclave in Jackson Hole later this week. If they signal a policy shift, will USD/JPY recalibrate?

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AUD/USD Carves Bullish Outside Day Candle Ahead of US PCE Report

AUD/USD may stage a rebound ahead of the update to the US Personal Consumption Expenditure (PCE) Price Index as it carves a bullish outside-day candle.

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USD/CNH Cools After Hitting Fresh 2022 High as Markets Await Fed Talk

The Chinese Yuan fell to its lowest level against the US Dollar since August 2020 as China's economic woes compete against a tightening Fed.

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EUR/USD Eyes December 2002 Low After Failing to Defend July Low

EUR/USD is on track to test the December 2002 low (0.9859) as the exchange rate fails to defend the July low (0.9952).

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S&P 500, Nasdaq, Dow Grind Support as Markets Weigh Disappointing Data

US Indices grinded at support after discouraging data highlights recession fears and questions persist around the pace of the next FOMC moves.

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Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; Jackson Hole Preview

Fed policymakers have been pushing back against the notion that the rate hike cycle is finished.

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Crude Oil Price Boosted by Saudi Arabian and OPEC+ Rhetoric Trumping any Iran Deal

Crude oil got a lift from comments overnight from the head of OPEC+ and its largest member state, Saudi Arabia. Will growth concerns be overcome for WTI?

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USD/JPY Rate Eyes Yearly High After Clearing August Opening Range

USD/JPY appears to be on track to test the yearly high (139.39) after clearing the opening range for August.

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AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink

The risk-sensitive Australian Dollar held up fairly well against a US Dollar that surged amid a deep selloff on Wall Street.

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S&P 500 Price Update: US Equities Sell-off Ahead of Jackson hole, PCE Data

The S&P 500 dropped from the recent high as Fed speakers reaffirmed the appetite for more hikes, bolstering the dollar. PCE data in focus after cooler CPI earlier this month

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Gold Price Latest - Bears Continue to Maul Gold Towards S1,700/oz.

The US dollar has picked up where it left off last week and is pushing ever higher, shunting gold back towards $1,700/oz.

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Euro Price Forecast: Parity Back on the Cards for EUR/USD

The euro remains under pressure this week as markets look forward to the Jackson Hole Symposium later this week, while EUR.USD tests 1.00.

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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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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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US Dollar Wobbles After China Cut Rates and Ahead of Jackson Hole. Will USD Make New Highs?

The US Dollar made fresh high before it gave up some ground today after rate were reduced in China. The upcoming Jackson Hole symposium may provide cluses for USD direction.

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Australian Dollar Eyes PBOC Rate Cuts Amid Protracted China Power Woes

The Australian Dollar is facing increased headwinds as China's power crunch worsens. A PBOC rate cut expected today may not offer much relief to AUD/USD.

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Weekly Fundamental US Dollar Forecast: Fed in Focus at Jackson Hole

Fed speakers are expected to deploy an aggressive hawkish tone this week.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, Bitcoin, Oil, Inflation, China, Jackson Hole, Fed

Market sentiment soured last week as Federal Reserve officials stood firm on further rate tightening. The US Dollar surged higher, pressuring US stocks, cryptos and gold. Traders await Jackson Hole.

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S&P 500, FTSE 100 Week Ahead: Jackson Hole Symposium in Focus

S&P 500 posts first weekly drop in a month. FTSE 100 defying gravity

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Canadian Dollar Weekly Forecast: USD/CAD Braces Ahead of Key U.S. Economic Data

Teaser: USD/CAD will be subject to USD specific factors next week as the Canadian dollar remains exposed to downside risk.

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Euro Forecast – EUR/USD Plunging Into Parity as US Dollar Bulls Run Amok

The Euro, along with a range of other majors, is looking fairly helpless in the face of a rampant US dollar with parity – EUR/USD 1.000 - unlikely to hold the latest sell-off.

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Gold Price Forecast: Bullion to Find Relief on Slowing US Inflation

The update to the US Personal Consumption Expenditure (PCE) Price Index may curb the weakness in the price of gold as the report is anticipated to show a slowdown in inflation.

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Bitcoin/Ethereum Outlook: BTC/USD, ETH/USD Weighed Down by the Fed

Risk assets sank this week as USD strength rattled markets. Bitcoin and Ethereum surrender August gains. US data and Jackson hole could drive prices in either direction.

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Australian Dollar Outlook Bearish Amid US Dollar Surge and China Woes

The Australian Dollar plummeted against the US Dollar as Fed pivot bets waned and China's economic woes darkened. Traders are growing increasingly bearish on AUD.

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

The commodity currency central banks have more rate hikes discounted in the coming months.

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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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GBP/USD Forecast: Pound Extends Fall as Markets Digest FOMC Minutes

GBP/USD extends its downward trajectory post-FOMC, driven by U.S. dollar strength as we look forward to several U.S. events on the economic calendar later today.

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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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USD/JPY Rate Forecast: Test of August High on Tap

USD/JPY may continue to appreciate over the coming days as the exchange rate looks poised to test the monthly high (135.58).

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AUD/USD Falls After July Jobs Report

AUD/USD fell after a dissapointing jobs report. Australia lost 40.9k jobs in July, missing expectations and falling sharply from June when 88.4k jobs were added.

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Crude Oil Price Halts Three Day Selloff as US Crude Inventories Contract

Data prints coming out of the US appear to be propping up the price of oil as the 7.056M decline in crude inventories instill an improved outlook for consumption.

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Bitcoin Prices May Fall in APAC Trading as Australian Jobs Data Nears

Bitcoin prices may continue falling in APAC trading on souring market sentiment. Australian jobs data for may impact an ailing Aussie Dollar, with analysts expecting 25k jobs added for July.

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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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S&P 500, Dow Jones and Nasdaq 100 Finished Lower Following FOMC Minutes

The S&P 500 pulled back today, and the Nasdaq continued a pullback after finding resistance yesterday.

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AUD/USD Rate Outlook Mired by Failure to Test 200-Day SMA

AUD/USD appears to be reversing course ahead of the 200-Day SMA (0.7146) as the exchange rate carves a series of lower highs and lows.

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Asia-Pacific Markets May Rise After US Dollar Moderates, US Stocks Rise

Asia-Pacific markets may rise after the US Dollar moderated overnight as US stocks closed mostly higher. The RBNZ rate decision is due today, with traders expecting a 50-basis-point rate hike.

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S&P 500, Dow Jones and Nasdaq 100 Touch Three-Month Highs

US data was a mixed bag as consumer activity remained strong alongside further slowing in the housing market

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Australian Dollar Outlook Remains Mixed – AUDUSD, AUDJPY, EURAUD

The Australian Dollar outlook remains cloudy as recent gains in risk assets battle against growing economic concerns.

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Euro Forecast: Potential for Weakness Lingers – Setups for EUR/GBP, EUR/JPY, EUR/USD

The Euro hasn’t been able to stage a meaningful rally in some time.

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How To Use Twitter For Traders

How can traders use Twitter as an efficient trading tool.

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Crude Oil Price Forecast: Iran News, US/China Economic Woes Deliver One-Two Punch

Crude oil prices fell on weak US/Chinese economic data that brought recession fears back into the spotlight. A deal between the US and Iran took a step forward, denting oil sentiment further.

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Gold Price Weakness to Persist on Failure to Defend August Opening Range

The price of gold may continue to track the negative slope in the 50-Day SMA ($1780) if it fails to defend the monthly low ($1754).

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Australian Dollar Falls Alongside Copper and Iron Ore Ahead of RBA Minutes

The Australian Dollar fell against the US Dollar overnight after weak US and Chinese economic data weighed on copper and iron ore prices. The RBA Minutes are in focus ahead of Australian wage data.

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Crude Oil Update: Brent Prices Ease as Chinese Economic Data Hurts Commodities Complex, Dollar Bid

Brent crude oil prices slipped on Monday morning after Chinese data missed estimates on multiple fronts, while a stouter USD sustained the downside pressure.

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Australian Dollar Down on Soft Chinese Data, Yen Up After Japan GDP Report

The Australian Dollar fell in the wake of disappointing economic data out of China while the Japanese Yen rose despite a soft second-quarter GDP result.

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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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What is a Short Squeeze and How to Trade It?

The short squeeze has surprised markets on many occasions. Learn more about what it is, its causes and the effects on traders.

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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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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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Weekly Fundamental US Stocks Forecast: Bull Market Takes Shape

US equity markets continue to rally, underpinned by falling short-end US Treasury yields and depressed volatility readings.

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Markets Week Ahead: Dow Jones, US Dollar, Gold, RBNZ, FOMC Minutes, AUD/USD, NZD/USD

Market sentiment surged last week after US inflation cooled, boosting risk-sensitive currencies and stocks. Gold also climbed against a weaker USD. The FOMC Minutes, RBNZ, jobs data and inflation r...

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NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD

NZD/USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained

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NZD/USD Weekly Fundamental Forecast: RBNZ Hike May do Little for NZD

NZD/USD rose in the aftermath of a softer US dollar post-CPI. An advancement of demand destruction globally and proximity to China appear likely to keep NZD contained

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Euro Weekly Forecast: EUR/USD Rallies, Gas and Drought Remain a Worry

The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades.

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Gold Prices May Fall as Fed Fights Pivot Bets and Short Covering Slows

Gold prices surged after economic data fueled Fed pivot bets. XAU's rally, fueled partly by short covering, may end soon, especially if the Fed sends a stronger response to ardent investors.

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US Dollar Vulnerable to Less Hawkish FOMC Minutes

The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes.

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Australian Dollar Outlook Driven by US Dollar

The Australian Dollar finished higher last week after US inflation data excited markets and sent the US Dollar lower, lifting AUD/USD. Will the US Dollar dominate AUD/USD?

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US Dollar Delicately Climbs as Fed Re-Affirms Rate Hikes Post Data. Where to for DXY?

The US Dollar clawed its way off recent lows in the aftermath of another soft inflation number, but still appears vulnerable despite hawkish Fed jawboning. New high for DXY?

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EUR/USD Rate Rally Responds to Former Support Zone

EUR/USD appears to be responding to the former support zone around the May low (1.0349) as it fails to extend the series of higher highs and lows from earlier this week.

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AUD/USD Targets 200-Day SMA as Copper and Coal Prices Surge Amid USD Pullback

AUD/USD neared its 200-day SMA on supportive moves higher in copper, coal and iron ore prices. A weaker US Dollar and a worsening energy crisis in Europe provided another tailwind to the Aussie Dol...

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USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA

USD/JPY appears to be on track to test the monthly low (130.39) after struggling to push back above the 50-Day SMA (135.24).

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S&P 500 and Nasdaq 100 Lose Bullish Steam, but Rally May Still Have Legs to Run

The S&P 500 and Nasdaq 100 record modest losses on Thursday, reversing a positive market open, as traders take profits on fears that the recent rally had gotten ahead of fundamentals

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USD/MXN Muted After Banxico Meets Expectations with 75 bp Hike

The Central Bank of Mexico raises 75bp after July inflation number reach its fastest pace in more than two decades

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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BTC/USD Outlook: US CPI Overshadows Coinbase - Bitcoin, Ethereum Rise

Bitcoin, Ethereum, Solana and alt coins rose sharply despite shocking results for Coinbase. Can the uptrend hold along with US stocks?

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GBP/USD Forecast: Pound Grapples With U.S. CPI, UK Politics and Potential Blackouts

GBP/USD expresses caution ahead of U.S. inflation data later today, while UK politics and energy concerns linger in the background.

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Crude Oil Price Anchored Ahead of US CPI Despite Disruptions. Will Data Drive WTI?

The crude oil price has been stable as the market braces itself for the crucial US CPI number later today. If inflation misbehaves, will a Treasury rout hit WTI?

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Gold Prices May Run Higher but US CPI Poses Risks to Bullish Narrative

Gold prices look ready to continue rising amid a potential short squeeze induced by a drop in real yields and the US Dollar after Fed bets eased in July. The US CPI tonight may spoil the bullish na...

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Australian Dollar Steady as China CPI Comes in Cool Ahead of US CPI. Will it Hit AUD/USD?

The Australian Dollar appears range bound after China's CPI and PPI were slightly lower than forecast while all eyes turn toward US CPI later today. Where to for AUD/USD?

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What Does a Forex Spread Tell Traders?

Improve your knowledge of the spread, which is based on the buy and sell price of a currency pair.

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Ethereum (ETH) Price Outlook: The Most Important Week for Ethereum Merge Test

Final Merge Test Before September Launch. Another Buy the Rumour, Sell the Fact in the Making?

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Euro Caught in the Range as US Dollar Sidelined Ahead of CPI. Will EUR/USD Breakout?

Euro continues to remain anchored to recent ranges while commodity prices lifting gave related currencies a boost. Will US CPI be the trigger for EUR/USD to get a move on?

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Crude Oil Prices Fall as Market Backwardation Weakens Ahead of OPEC Report, EIA Data

Crude oil prices are weaker in APAC trading hours as traders eye OPEC's MOMR and EIA inventory data. Meanwhile, key oil spreads are weakening, suggesting more losses lie ahead.

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Gold Price to Track 50-Day SMA on Failure to Clear August Opening Range

The price of gold may continue to track the negative slope in the 50-Day SMA ($1786) if it fails to clear the opening range for August.

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AUD/USD Buoyed by Rising Iron Ore Prices as Traders Eye Westpac Consumer Confidence

The Australian Dollar rose against the US Dollar overnight, supported by higher iron ore and copper prices. The incoming August consumer confidence data from Westpac presents a risk to AUD.

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USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI

USD/JPY may face a larger pullback ahead of the update to the US Consumer Price Index (CPI) as the exchange rate struggles to hold above the 50-Day SMA (134.99).

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Gold Price Forecast - Double-Top May Hold Further Upside For Now

A quiet start to the week for gold with little in the way of drivers until Wednesday's latest US inflation print.

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Breaking News: EU Sentix Investor Confidence Rises but Outlook Remains Bleak

The slightly better data print masks a rather dire situation in the euro zone as Germany’s outlook reaches levels last seen around peak lockdown in 2020

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GBP/USD, EUR/GBP Forecast: UK Politics Buoy Pound in Early Trading

GBP currency pairs have marginally recovered after last weeks slump while several key economic data prints lie ahead.

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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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Crude Oil Price Steadies in Asia as US Dollar Holds Gains. Will WTI make Fresh Lows?

The crude oil price has had a quiet start to the week, but re-emerging US Dollar strength could undermine it, especially if CPI data this week comes in hot. Where to for WTI?

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AUD/USD Struggles at 20-day SMA Despite Record China Trade Surplus

The Australian Dollar is trading slightly lower against the US Dollar despite China posting its best trade surplus on record. Covid lockdowns across China weigh on the economic outlook.

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Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Euro - Eyes on Inflation

The Nasdaq 100 outperformed as the Dow Jones fell last week. A strong US jobs report is placing the market at odds with the Fed as officials try to downplay dovish expectations. Now, the US Dollar,...

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Weekly Fundamental Euro Forecast: September ECB Hike Odds Stay Elevated

Amid a quiet Eurozone economic calendar, traders will focus on evolving ECB rate hike odds.

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S&P 500, Nasdaq 100 Price Outlook for The Week Ahead

US equity markets are on the back foot after the latest blowout NFP report with Wednesday's US inflation release set to be the next market driver.

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USD/CAD Rally to Persist If US CPI Indicates Sticky Inflation

The update to the US Consumer Price Index (CPI) may sway USD/CAD as the Federal Reserve struggles to reduce inflation

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Gold Price Outlook Mixed After Blowout NFP Report

Gold's recent rally stalls as the latest NFP report tempers recession fears for now.

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US Dollar Outlook Hinges on July Inflation Data after Gangbuster Jobs Report

The U.S. dollar is likely to stay supported in the near term on bets that the Fed will remain committed to a hawkish tightening cycle amid red-hot labor markets and elevated inflation.

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BTC/USD Fundamental Outlook: Bitcoin, Ether & Cardano Boosted by NFP

Economic data continues to influence the fundamental backdrop with Bitcoin (BTC/USD), Ethereum (ETH/USD) & Cardano (ADA) benefiting from easing recession fears.

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Australian Dollar Outlook: RBA and Trade Play Out in AUD

The Australian Dollar jumped around through the week, with an RBA rate hike and Fed speakers undermining it before trade data provided some support. Where to for AUD/USD?

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Mary Daly: The Fed is Far from Done

Strong labor market dismisses the idea of a current recession. FED officials suggest interest rates can remain high for some time

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July US Jobs Report Explained For Traders in 60

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Gold Prices Surge Ahead of Non-Farm Payrolls as XAU/USD Clears Key Trendline

Gold prices soared in the best single-day gain in almost 4 months. Markets may be pre-positioning themselves for non-farm payrolls data. But, a larger threat is looming down the road.

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EUR/USD Stages Another Run at Former Support Zone Ahead of NFP Report

EUR/USD appears to be staging another attempt to test the former support zone around the May low (1.0349) as it retraces the decline from earlier this week.

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AUD/USD Prices Hinge on RBA Statement as APAC Traders Brace for US Jobs Report

The Australian Dollar rose against a broadly weaker US Dollar. AUD volatility may rise on the RBA's Statement on Monetary Policy. Meanwhile, traders are preparing for the US jobs report due out ton...

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Oil Prices Eyes February Low Following Upward Adjustment in OPEC Output

The price of oil appears to be on track to test the February low ($86.55) as it clears the July low ($90.56) following the OPEC Ministerial Meeting from earlier this week.

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S&P 500, Nasdaq 100 Mixed as Stocks Pause After Recent Rally, Coinbase Skyrockets

U.S. stocks paused for breath Thursday after the recent rally as traders opted for some caution ahead of the July U.S. jobs report, which could provide clues about the health of the economy.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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USD Majors (DXY) Trading Strategy

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S&P 500 Blasts Higher, Nasdaq 100 on Brink of Exiting Bear Market Territory, NFP Eyed

U.S. stocks rally vigorously on Wednesday after July U.S. service sector activity data shows the economy remains resilient and inflationary pressures are starting to turn a corner.

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Volatile Currency Pairs Explained

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Markets Worth Trading In Q3 2022 | Exclusive Market Forecast

DailyFX analysts give their expert predictions and their 2022 Q3 forecasts to help you with your trading strategy and analysis, minimizing risk and maximizing returns. Predictions our analysts offe...

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Stock Indices Rise as Earnings Drive DAX, FTSE & DJI Higher

Dax, Ftse and Dow Jones rise as earnings ease waning sentiment. Tensions rise ahead of the BoE rate decision. Can equities hold gains?

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Crude Oil Prices: EIA Inventory to Shift into Focus After OPEC Announcement

Crude oil prices are slightly higher in APAC trading ahead of today's OPEC meeting. The oil cartel may decide to hold production steady. After that, traders will shift focus to the US EIA inventory...

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Gold Price Peels Lower as US Dollar and Treasury Yields Gain. Where to for XAU/USD?

Gold dipped overnight after four Fed speakers hit the wires to hose down a pivot in policy, sending Treasury yields and the US Dollar higher. Will the XAU/USD recover?

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AUD/USD Hit on Stronger USD, Geopolitical Headwinds After RBA Disappointment

The Australian Dollar sank against a broadly stronger US Dollar as geopolitical risks felled market sentiment. New Zealand posted strong/week second-quarter jobs data, but NZD failed to react.

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USD/JPY Rebounds Ahead of June Low to Keep RSI Out of Oversold Zone

USD/JPY may stage a larger advance over the coming days as the Relative Strength Index (RSI) holds above oversold territory.

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S&P 500 and Nasdaq 100 Slide as Treasury Yields Spike, US-China Tensions Weigh

The Nasdaq 100 and S&P 500 fall Tuesday for a second straight day as U.S. Treasury yields soar on fears that the Fed will continue to raise interest rates aggressively to cool inflation.

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European equities outlook: DAX 40, CAC 40, FTSE 100 Price Action

US speaker Nancy Pelosi has arrived in Taiwan, threatening risk sentiment. Equities remain resilient despite rising risks.

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Euro Technical Analysis: EUR/GBP, EUR/JPY, EUR/USD Rates Outlook

The Euro remains structurally weak across the board.

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Gold Price to Mirror June on Failure to Push Above 50-Day SMA

The price of gold may mirror the price action from June if it fails to push above the 50-Day SMA ($1793).

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Japanese Yen Roars Back to Life – USDJPY, AUDJPY, EURJPY, GBPJPY

The Yen has come back to life as markets digest a recession fears and the FOMC reaching its "neutral range."

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FX Week Ahead - Top 5 Events: RBA Meeting; New Zealand Jobs Report; BOE Meeting; Canada Jobs Report; US NFP

The first week of August sees a typically busy economic calendar, with a global focus after last week’s US-centric offering.

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US Dollar Price Action: USD/JPY, EUR/USD, GBP/USD

USD extends pullback. JPY outperforms, Euro faces topside hurdles. GBP eyes BoE

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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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EUR/USD Outlook – Pressing Higher as the US Dollar Loses Its Shine

The single currency is shrugging off poor German retail sales numbers and is looking to print a fresh one-month high as the US dollar weakens further.

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How to Manage Fear and Greed in Trading

Fear and greed, two drivers that influence our lives, can carry over to trading and be detrimental.

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AUD/USD Forecast: RBA Prospects Outdo Weaker PMI’s, Aussie Bid

AUD/USD is looking to re-test the 70c mark once more today ahead of tomorrow’s RBA meeting.

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