US Dollar Slides as Feds Favorite Inflation Gauge Comes Below Expectations

The U.S. dollar, as measured by the DXY index, fell on Friday after U.S. PCE data showed that consumer spending and core inflation rose less than expected in May, giving the Fed cover to be less hawkish.

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Gold Price Latest: Testing Support as US Inflation Data Nears

Markets are in wait-and-see mode ahead of the latest US inflation print out later today.

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Euro Breaking News: Core Inflation Rises in Europe Headline Declines

The stickier, core measure of inflation in the Euro Area rose during the month of June but less than expected. Headline inflation continues to make progress

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FTSE 100 DAX 40 and S&P 500 try to end month and quarter on a high

​​Outlook on FTSE 100, DAX 40, and S&P 500 as month and quarter end may generate volatility.

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Japanese Yen Setups: USD/JPY Buoyed by US Data GBP/JPY Wavers at Resistance

This article examines USD/JPY and GBP/JPY from a technical analysis perspective, analyzing possible scenarios in the event that key price levels are invalidated or maintained.

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Gold Prices Teeter on Brink of Breakdown as US Yields Fly High Following US Data

Gold prices could head lower in the near term if strong U.S. economic data lead the Fed to deliver additional monetary tightening in the coming months.

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Euro Breaking News: German CPI Breaks Disinflationary Trend Euro Dips

Inflation during the month of June proved too hot, halting progress to the developing disinflationary trend. Euro eases

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Bitcoin (BTC/USD) Needs a Confirmed Break of $31k to Regain Bullish Momentum

Bitcoin is consolidating its recent sharp gains and may push further ahead if near-term resistance can be taken out.

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Dow Nasdaq 100 and CAC40 make headway

​Indices have continued to recover from the lows of the week, and look set for more gains.

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Silver (XAG/USD) Price Forecast: Silver Selling Meets Support

Silver selling abates as prices consolidate into a pennant formation. Levels for bearish continuation identified

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Australian Dollar Fails to Firm on Strong Data as US Dollar Gains. Lower AUD/USD?

The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for AUD/USD?

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Crude Oil Conflicted by Tightening Rates and Dwindling Inventory. Where to for WTI?

Crude oil prices consolidated going into Thursday after testing the low side of the range as markets reassess the monetary policy outlook. Will the range break for WTI?

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Gold Price Nearing Key Fibonacci Support as Powell Keeps Hawkish Outlook in Play

Gold prices retreat as Fed chair Powell retains hawkish stance, signaling that the central bank will resume hiking rates at upcoming meetings, an event that could push real and nominal yields higher.

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Gold Price Forecast: XAU/USD Breakdown Levels Identified

Gold has broken below the longer-term ascending channel, pointing to continued selling despite short-lived geopolitical tensions providing a lift to the precious metal

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FTSE 100 DAX 40 and S&P 500 recover

Outlook on FTSE 100, DAX 40 and S&P 500 as they bounce off this week’s lows on solid US data

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EUR/USD to Remain Supported by Hawkish ECB as Sintra Meeting Heats Up

EUR/USD is likely to remain rangebound as Central Bankers share their thoughts at the ECB Forum. The tussle for superiority between bulls and bears looks set to rumble on.

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New Zealand Dollar Ahead of US PCE Data; NZD/USD AUD/NZD GBP/NZD Price Setups

The New Zealand dollar is maintaining a weak bias against most of its peers ahead of the key US PCE price data due Friday, on diverging monetary policy outlooks. What’s next for NZD/USD, AUD/NZD, and GBP/NZD?

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Australian Dollar Slides After CPI Data; How Much More Downside in AUD/USD?

AUD dropped after Australia's monthly CPI indicator showed price pressures moderated more than expected last month. What is the outlook for AUD/USD ahead of Australia retail sales (Thursday) and US PCE data (Friday)?

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Bank of Japan (BoJ) - Foreign Exchange Market Intervention

As interest rate differentials widen between Japan and other major economies, the Japanese Yen continues to weaken.

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Japanese Yen Weakens Further: USD/JPY GBP/JPY and CAD/JPY Latest

Japanese officials are voicing their concerns over the latest bout of JPY weakness, but will jaw-boning be enough to stop the Japanese Yen from falling further.

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ECB Hawks Propel the Euro Higher: EUR/USD EUR/GBP and EUR/JPY Setups

The ECB’s Forum on Central Banking has provided a platform for hawkish officials this morning ahead of tomorrow’s panel discussion including heads of the Fed, BoE and ECB

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FTSE 100 and Dow see rebounds stumble while Nasdaq 100 claws back some losses

​​Tech stocks dropped sharply yesterday, but the Nasdaq 100 has tiptoed higher this morning, while the rebounds in the FTSE 100 and Dow have struggled. ​

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GBP/USD Price Forecast: Cable Eyes Recent Highs as Central Bankers Gather in Sintra for the ECB Forum

The ECB Forum is set to start in Sintra today as Central Bankers discuss monetary policy. No real material change is expected as GBPUSD rises ahead of the meeting. Further gains in store?

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Australian Dollar Boosted by Soft US Dollar and Rosy China Outlook. Higher AUD/USD?

The Australian Dollar jumped on a weaker US Dollar undermined by lower Treasury yields and China looking to new efforts to provide impetus to its economy. Where to for AUD/USD?

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Gold Price Latest: XAU/USD Nudges Higher as US Bond Yields Turn Lower

The price of gold is testing an old area of support turned resistance but the move currently lacks conviction.

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FTSE 100 DAX and S&P 500 try to find support

​​Outlook on FTSE 100, DAX 40 and S&P 500 following a week of losses and a short-lived military coup in Russia.

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EUR/USD Price Forecast: EUR/USD Looks to ECB Forum for Guidance

EUR/USD looks to continue its recovery following a late week selloff. Will Geopolitical tension weigh or will ECB President Lagarde be the catalyst for another bullish run?

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Japanese Yen on Intervention Watch: USD/JPY EUR/JPY GBP/JPY Price Setups

JPY gained slightly after Japan’s top diplomat said authorities will respond to excessive moves in the currency market. What is the outlook for USD/JPY, EUR/JPY, and GBP/JPY?

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British Pound After BoE Rate Hike: GBP/USD EUR/GBP GBP/AUD Price Action

The subdued reaction to the surprise interest rate hike by BoE last week could be a sign that the British pound’s rally could be due for a minor setback against some of its peers. How do GBP/USD, GBP/AUD, and EUR/GBP look?

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Asia Day Ahead: Subdued Start to the Week Amid Light Calendar in the Region

Last Friday brought another downbeat session in Wall Street, with the S&P 500 adding to recent losses to close 1.4% lower for the week.

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Markets Week Ahead: Nasdaq Gold USD Powell US PCE Germany Ifo China PMI Australia Retail Sales

The week’s calendar looks busy with central bank officials’ speeches, including Fed Chair Powell and ECB President Lagarde, as risk appetite has taken a back seat following aggressive tightening by global central banks. Key focus will be on US PCE Price Index data, Germany Ifo and China PMI data.

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USD/JPY Price Forecast: More Misery to Come for Japanese Yen?

The Japanese Yen heads into a US data filled week on the backfoot as the Fed and BoJ look to be diverging once more.

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Euro Outlook: EUR/USD Veers Off Bullish Path after Rejection at 1.1000. Now What?

EUR/USD fails to hold above 1.1000 and turns lower heading into the weekend, dropping below the 1.0900 handle and challenging a key trendline support. Will the bears be rebuffed?

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GBP/USD Slips Back as Weak Eurozone Data Favor Haven Greenback

GBP/USD hasn’t derived much support from this week’s big interest rate rise from the Bank of England

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Oil Price Forecast: WTI and Brent Rally Fails at the First Hurdle Further Downside Ahead?

Oil prices face renewed selling pressure as a combination of hawkish Central Banks and rising recessionary fears weigh on prices. Is a retest of the YTD low on the cards?

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FTSE 100 back in negative territory DAX and S&P 500 come off highs

​​Outlook on FTSE 100, DAX 40 and S&P 500 as further rate hikes lie in store.

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Euro Breaking News: Frightful German & EZ PMIs Exacerbate Risk Off Move on EUR/USD

The euro is on offer this morning as German and EZ PMI’s miss forecasts while risk aversion augments the downside move.

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Asia Day Ahead: US Megacap Tech Shined; Series of PMI Readings to End the Week

Fed Chair Jerome Powell reiterated his hawkish tone but Wall Street seems to be taking it in stride this time, with the S&P 500 and Nasdaq overturning their three-day losing streak.

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Gold Prices Still Struggling BoE Shows Global Rates Have Further to Rise

Gold remains mired despite some less hawkish than expected testimony from the Fed’s Powell

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British Pound (GBP) Volatile as Bank of England Hikes by 50 Basis Points

The Bank of England (BoE) hiked rates by 50 basis points today, by a majority of 7-2, as the central bank reiterates its commitment to driving down inflation

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Turkey Central Bank Meeting Preview: Erdogan and the Turkish Lira Eye Redemption from Policy Pivot

President Erdogan seems to have come to terms with the idea of policy normalization. Can USD/TRY fall back toward the 20.0000 handle on potential hawkish forward guidance?

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Dow Nasdaq 100 and Nikkei come under pressure following hawkish Powell testimony

​​Indices have seen further selling this morning, as concerns about hawkish central bank policy drive risk-off sentiment.​

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AUD/USD Price Forecast: US Influences Shaping Aussie

AUD/USD looks to Fed Chair Jerome Powell for direction today with no Australian data scheduled.

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Canadian Dollar Outlook: USD/CAD in Freefall after Double Top Confirmation Signal

USD/CAD extends its recent sell-off and challenges trendline support near 1.3150 after validating a bearish double-top pattern late last week.

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Bitcoin (BTC/USD) Posts a Six-Week High on Positive News Flow

The price of the largest cryptocurrency hit a fresh six-week high today, buoyed by news that BlackRock, the world’s largest asset manager, has filed for a spot BTC ETF

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Euro Cautiously Higher As Mr Powell Heads to Capitol Hill

Markets often trade nervily when they’re about to hear from the Fed Chair, Wednesday is no exception

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Chinese Yuan Price Outlook: PBoC Cuts Rates Leaving Yuan Vulnerable

The Chinese yuan has depreciated against the dollar and pound sterling as accommodative monetary policy is favoured to reignite the economic recovery

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Indices stay under pressure as UK inflation remains sticky

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected.

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XAU/USD Price Forecast: Gold Looks to Powell

Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony.

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Gold Prices Slump on US Data ahead of Powells Testimony Key Support in Peril

Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the week.

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Japanese Yen Latest: USD/JPY GBP/JPY and EUR/JPY Outlooks

In an relatively lackluster FX market, the Japanese’s Yen volatility is something of a rarity and is at least giving traders something to work with.

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EUR/USD Price Forecast: EUR/USD Grinds in Tight Range as Breakout Beckons

EUR/USD struggles for direction as the tug of war between the Euro and the US Dollar continues. Price action suggests a breakout could be imminent.

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US Crude Up After China Rate Cut But Has The PBOC Done Enough?

Oil prices have seen some gains after the Chinese central bank trimmed lending rates, but energy demand worries will remain

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US Markets Return to Action Dow Futures Rise Nasdaq 100 Trades Sideways CAC 40 Gains

​​The return of US markets has seen some buying activity this morning, lifting the CAC40 and Dow off their overnight low while the Nasdaq 100 continues to consolidate. ​

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AUD/USD Price Forecast: Aussie Sinks on Lackluster RBA and Chinese Rates

AUD/USD is trading 0.6% lower as the European session begins after RBA minutes and China’s LPR cuts did little to support he Aussie dollar.

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EUR/USD Outlook: ECB Hawks Welcome Further Hikes but for How Long?

Central bankers have had their say on the likelihood of further hikes but ECB Chief Economist refuses to look past a July hike, stating a preference for data dependency

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USD/ZAR: Price Forecast: Rand Rally Possibly Fading

USD/ZAR faces a quiet trading day today as US markets are closed. Rand traders now keep close eyes on the upcoming SA CPI print on Wednesday.

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GBPUSD Lower But Well Supported As Markets Expect BoE Hike

The Pound has struggled to make further gains after soaring last week, but is showing no sign of reversal.

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Oil Price Forecast: WTI and Brent Face Challenges as Chinese Economy Remains in Focus

Oil prices eye further gains as market participants weigh up potential stimulus from the PBoC. Can oil prices ignore the noise and tick higher?

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FTSE DAX S&P 500 Outlook: Indices Begin Week on a More Cautious Note

Outlook on FTSE 100, DAX 40 and S&P 500 following last week’s Fed, BoE and BoJ monetary policy meetings.

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GBP/USD Price forecast: BoE Eyes UK CPI Ahead of Rate Decision

GBP/USD holds steady going into a data heavy week with the recent pound rally looking to be slowing.

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Euro After ECB Rate Hike: EUR/USD EUR/AUD EUR/GBP Price Setups

EUR could attempt to recoup some of the recent losses against some of its peers, thanks to ECB’s hawkish hike, oversold conditions, and a spate of underwhelming Euro area macro data. What are the key levels to watch in EUR/USD, EUR/GBP, and EUR/AUD?

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Asia Day Ahead: Wall Street Rally Pauses Ahead of Series of Fedspeak

With the conclusion of the recent Federal Open Market Committee (FOMC) meeting, a series of hawkish Fedspeak is lined up on the horizon.

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Markets Week Ahead: S&P 500 Gold US Dollar Powell BOE Japan Inflation RBA Minutes

BOE is expected to raise interest rates just as hopes of more stimulus from China gain momentum. Markets will be looking for cues from Powell’s speech for a justification of the dovish pricing.

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US Dollar Week Ahead: Bearish Bets Increase After Feds Hawkish Pause

The US dollar index’s (DXY index) fall below key support suggests the market seems to be at odds with the US Federal Reserve’s hawkish hold.

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Gold Weekly Forecast: Gold (XAU/USD) Bears Fail to Find Acceptance Below 100-Day MA Where to Next?

Gold looks set to end a pivotal week with more questions than answers as market participants appear to be ignoring the Fed. Is a retest of $2000/oz on the cards?

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Euro Forecast: Bullish Breakout Signals Upward Price Trend Ahead for EUR/USD

Market skepticism over the Fed's plans to resume tightening and expectations that the ECB will have to do more in the coming months to tame inflation could push EUR/USD higher in the near term.

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Japanese Yen Outlook: USD/JPY Extends Upside after Dovish BoJ Decision

The Japanese yen weakened against the U.S. dollar after the Bank of Japan retained an ultra-dovish stance, with USD/JPY hitting fresh multi-month highs above 141.50.

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GBP/USD Update: Cable in the Pound Seat Ahead of CPI BoE

GBP/USD has put in a strong performance as markets downplay the Fed’s hawkish warnings. In contrast, Sterling is likely to remain supported into the CPI and BoE events

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Indices Continue to Rally Despite ECBs Eighth Consecutive Rate Hike

Outlook on FTSE 100, DAX 40 and S&P 500 as Fed and ECB stick to hawkish stance

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Japanese Yen Slips as BOJ Keeps Policy Unchanged: Whats Next for USD/JPY?

JPY fell slightly against USD after BOJ maintained ultra-loose policy settings, especially the closely watched yield curve control (YCC) policy. What’s next for USD/JPY?

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Asia Day Ahead: Lingering Market Doubts on Feds Hawkish Guidance

Wall Street looks set to deliver its fifth consecutive week of gains, pushing ahead with another round of stellar gains overnight.

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EUR/USD Skyrockets After ECB Decision EUR/JPY Flies to 15-Year Highs

The euro strengthened broadly on Thursday following the ECB’s monetary policy announcement, with EUR/USD recapturing an important trendline and EUR/JPY surging to its best levels in 15 years.

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Bitcoin & Ethereum Slide as Fed Signals Higher Rates: BTC/USD & ETH/USD Price Setups

Bitcoin and Ethereum have broken below key support after the US Federal Reserve left interest unchanged on Wednesday but signaled higher interest rates by the end of this year. What’s next for BTC/USD and ETH/USD?

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Japanese Yen Drops After FOMC: Price Setups in USD/JPY AUD/JPY GBP/JPY

The JPY slipped against USD after the Fed signaled more rate hikes. Improving risk appetite and ultra-easy BOJ policy reinforce the bearish backdrop in JPY. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

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Australian Dollar Steadies on Jobs Data While China Slows. Where to for AUD/USD?

The Australian Dollar bounced after employment data today revealed a re-tightening of the labour market that might make the RBA’s July meeting ‘live’. Will AUD/USD go higher?

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High-for-longer rate outlook as takeaway from FOMC meeting: Gold Copper US dollar

The conclusion of the June meeting has seen the Fed keeping rates on hold in a widely-anticipated move, but a high-for-longer rate outlook seems to be on the horizon.

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New Zealand Dollar Dips on Soft GDP Data. Where to for NZD/USD?

The New Zealand Dollar ran lower after GDP printed below forecasts at 2.2% year-on-year to the end of May. Before the figures, Kiwi had been bought on a weakening USD. Will NZD/USD rally?

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US Dollar Falls Despite Hawkish Fed amid Skepticism of Higher Peak Rate Plans

The U.S. dollar falls despite the Fed’s hawkish policy outlook, as traders remain skeptical of policymakers' plans to resume rate hikes later this year, given the economic risks.

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Outlook on FTSE 100 DAX 40 and S&P 500 ahead of Wednesdays FOMC meeting.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.​

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Resilient UK GDP Report Keeps Pound Afloat Gilt Yields in Focus

GBP/USD maintains its upside as UK GDP remains steadfast ahead of the highly anticipated FOMC announcement later today.

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Euro Gains as the US Dollar Frets ahead of the Fed after Benign CPI. Higher EUR/USD?

The Euro retreated from its peak for the month today as markets digest the implication of US CPI ahead of the Federal Reserve meeting later. If the Fed pauses, will EUR/USD rally?

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Cooling US inflation provides room for Feds wait-and-see: Silver Hang Seng Index GBP/USD

Further cooling in US inflation reflects some degree of success in policy moves thus far and provides room for the Fed to put on some wait-and-see at the upcoming FOMC meeting.

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Gold Price Peels Lower Despite Soft US Dollar Ahead of the Fed. Lower XAU/USD?

The gold price is struggling to gain ground in the aftermath of US CPI data that dented the US Dollar. If the Federal Reserve keeps its target rate the same, will it help or hinder gold?

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US Dollar Drips Lower Ahead of Key Fed Decision Levels to Watch on DXY

The Fed's monetary policy decision and guidance on Wednesday will take center stage in financial markets and will be key in guiding the near-term path of the U.S. dollar.

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GBP Breaking News: Searing UK Jobs Report Lifts Pound

GBP/USD rallies on strong labor data including average earnings. The pound now looks ahead to US CPI for further guidance.

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Gold Price Flirts with Support as US CPI Shapes Views Ahead of the Fed and ECB

The gold price is bumping along an ascending trend line ahead of US CPI today that could see market dynamics pivot should the number surprise. Will a tilt to real yields dent XAU/USD?

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FOMC Preview: Will US CPI Upset the Apple Cart?

US CPI could be the deciding factor for the Fed in its upcoming interest rate announcement on Wednesday.

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Positive start to the week as US CPI looms: Gold, Straits Times Index, Brent crude

Wall Street delivered a positive start to the week, with strength in rate-sensitive tech reflecting some confidence that the Fed’s tightening cycle will be heading towards its final phase.

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US Dollar Bid Ahead of Inflation Data, USD/JPY Coils Inside Symmetrical Triangle

U.S. CPI data may help guide the Fed's near-term policy outlook, setting the tone for the U.S. dollar in FX markets. As for USD/JPY, the pair is coiling inside a symmetrical triangle, with a possible breakout in play.

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S&P 500 Bull Market: What Does Historical Performance Suggests from Here?

The S&P 500 enters a technical bull market despite navigating through restrictive financial conditions. What does the data reveal about the index from here?

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Gold Prices on Shaky Ground ahead of US Inflation Data and Key Fed Decision

U.S. inflation data and the Fed's monetary policy announcement will take center stage this week and guide gold prices’ trajectory in the near term.

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Oil Continues its Post-OPEC+ Slide, Multi-Week Lows in Sight

Ongoing recessionary fears and elevated US Treasury yields continue to weigh on oil which is now back to lows last seen at the start of the month.

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GBP/USD Up, Below Recent Highs As Markets Look To Fed

Markets believe the Bank of England has much more rate-rising to do than the Fed now if prices are to be held in check

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EUR/USD Price Forecast: Bulls Eye Retest of 100-Day MA Ahead of a Busy Week

EUR/USD is looking to retest the 100-day MA ahead of key data release from the Euro Area and the US. Is this the start of the next upside leg for EURUSD or will bears return at the 1.0800 level?

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​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of this week’s US inflation data and several central bank meetings.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

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AUD/USD Price Forecast: Markets Back Aussie Dollar Ahead of US CPI & Fed

AUD/USD continues its recent upside as investors patiently await upcoming US CPI and the Fed rate decision.

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Markets Week Ahead: S&P 500, Gold, USD; Fed, ECB, BoJ, Germany ZEW, UK & Australia Jobs, US CPI, China Retail Sales

After a relatively light data week, the coming week brings a spate of important data releases along with key central bank meetings. Last week’s surprise interest rate hikes by the RBA and the BOC has put the spotlight is on the Fed, the ECB, and the BoJ meetings in the coming week.

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Crude Oil Prices Look to US Data for Guidance as OPEC News Fades

Crude oil prices shift attention towards the US for short-term directional bias coming off a quiet week of trading.

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Gold Weekly Forecast: Gold (XAU/USD0 Prices Delicately Poised Heading into Blockbuster Week

A pivotal week ahead not just for gold prices but markets as a whole. Will the FOMC meeting see gold return to the $2000 handle or will the long-awaited retest of $1900 finally materialize?

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USD/JPY Price Forecast: Yen Slides as BoJ Sees Little Need to Tweak YCC in June

USD/JPY bulls enjoyed a fruitful start to the European session following dovish comments from the BoJ. Will USD/JPY gain acceptance above the 140.00 handle ahead of a data filled week?

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Outlook on FTSE 100, DAX 40 and S&P 500 Ahead of Next Week’s Central Bank Meetings.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

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USD Price Forecast: DXY Holds its Breath Ahead of Big Data Week

The U.S. dollar found some backing this morning while trading within a bull flag pattern; however, US CPI and the FOMC will ultimately decide on investor sentiment.

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New Zealand Dollar Boosted by Low Volatility; What’s Next for NZD/USD, AUD/NZD, EUR/NZD?

The suspension of the US debt ceiling, the resilience of the global economy, and hopes that US interest rates are peaking have boosted risk-sensitive currencies, including the New Zealand dollar. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?

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Asia Day Ahead: Wall Street Up Overnight; Sentiment in Extreme-Greed Territory

The softer US economic calendar overnight prompted market participants to source for clues on the Fed’s policy path from the US weekly jobless claims.

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Crude Oil Price Bounces Around but is Unable to Break the Range Where to for WTI?

Crude oil prices regained traction going into Friday after testing the downside overnight as potentially more supply coming online before USD tanked. Will the range break for WTI?

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Gold Prices at Risk of Freefall Below the 100-Day MA

Spot Gold faces continuous hurdles in an attempt to push higher. Could recessionary fears rekindle the safe havens appeal or is a freefall toward $1850/oz incoming?

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Dow and CAC40 Move up, but Nasdaq 100 Struggles

After its huge run higher, the Nasdaq 100 has faltered, but the Dow and CAC40 are showing signs of strength

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GBP/USD Price Forecast: UK Housing Prices a Sign of Future Pound Weakness?

GBP/USD is looking for a fundamental catalyst as it wades within a symmetrical triangle formation.

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Australian Dollar Holds Ground as Market Look to the Fed after BoC Hike

The Australian Dollar consolidated today after a bumpy ride through the Bank of Canada rate hike along with other currency pairs as the market contemplates a surprise lift by the Fed next week.

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Asia Day Ahead: Higher Treasury yields triggered profit-taking in Nasdaq overnight

A quiet US economic calendar overnight shifted much of the market focus to Bank of Canada (BoC), who became the second central bank to deliver a hawkish surprise this week.

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Crude Oil Outlook Muddied by Interference and Low Vol. Where to for WTI?

Crude oil prices consolidated going into Thursday after a bumpy start to the week as markets reassess the outlook when monetary policy is stagnant. Will the range break for WTI?

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Outlook on FTSE 100, DAX 40 and S&P 500 as expectations of a Fed hike in June diminish.

Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context

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EUR/USD Outlook: Euro Breakout Imminent, ECB Officials in Focus

EUR/USD fades as economic data and risk sentiment dwindles. ECB speakers will likely look to maintain the hawkish rhetoric today.

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British Pound at Mercy of Peers in Light Data Week: GBP/USD, GBP/JPY, GBP/AUD Price Setups

In a relatively light week regarding UK macro data, the British pound could be at the mercy of some of its peers. What is the outlook for GBP/USD, GBP/JPY, and GBP/AUD?

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Gold Gets its Groove as Markets Consolidate across the Board. Where to for XAU/USD?

The gold price shrugged off a press lower earlier this week with key macro events out of the way, attention might turn toward what the Federal Reserve will do next week. Higher XAU/USD?

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Asia Day Ahead: Modest gains in Wall Street, with economic data on watch in Asia

Wall Street added modest gains to their recent rallies overnight, as the VIX pushed to yet another new low since February 2020.

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Australian Dollar Tad Softer After GDP; Is AUD/USD About to Reverse This Week's Gains?

The Australian dollar was mostly softer against the US dollar after the Australian economy grew slower than expected in the first quarter of the year. What’s next for AUD/USD?

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Cable (GBP/USD) Settles into Consolidation Channel – Breakout Levels Analysed

Cable trades within a broader consolidation channel, lacking a bullish catalyst while at the same time finding support via elevated interest rate expectations

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​​Dow and Nasdaq 100 Look to Move Higher but Hang Seng Struggles​

​​After Friday’s bounce, some of the bullish momentum has faded, but the Nasdaq 100 continues to make headway. ​

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XAU/USD Price Forecast: Gold Tame in Low Vol Environment

Gold prices managed to stay afloat above the $1950/oz level as the dollar gives back some of its recent gains.

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Australian Dollar Jumps as RBA Hikes; How Much More to Go For AUD/USD?

The AUD jumped after the RBA surprisingly hiked interest rates by 25 basis points and said some further tightening may be required in its determination to return inflation to its target.

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US Dollar Pauses as Cross Market Volatility Rolls Over. Will Markets be Data Dependent?

The US Dollar recalibrated after data disappointed and may give the Federal Reserve room to skip a hike at their next gathering. Volatility has eased across markets. Will they spike again?

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Asia Day Ahead: Wall Street on a breather as Apple failed to commit to all-time high

A mixed showing in Wall Street eventually saw the Nasdaq pare its initial gains by the close, partly as optimism around Apple’s share price fizzled.

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USD/CAD Price Forecast: Loonie to Exploit Death Cross Formation?

CAD is poised for further upside ahead of the upcoming Bank of Canada rate decision.

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Australian Dollar Ahead Of RBA: AUD/USD, AUD/NZD, EUR/AUD Price Setups

The Australian dollar has recouped some losses against some of its peers as the Reserve Bank of Australia interest rate pause doubts grow following the hike in the minimum wage. What is the outlook for AUD/USD, AUD/NZD, and EUR/AUD?

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US Dollar Holds the High Ground While Crude Oil Whips Around. Higher USD?

The US Dollar regained its ascendency after the US debt deal passed Congress and was supported by solid jobs data. OPEC+ announced output cuts and the Fed is now in blackout mode.

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Japanese Yen Week Ahead as Fed Skip Bets Grow: USD/JPY, EUR/JPY, AUD/JPY

The Japanese yen’s slide appears to be losing steam as US Federal Reserve rate hike expectations take a ‘U’-turn after dovish remarks from central bank officials. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

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Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?

Crude oil prices made solid gains to start the week on the back of OPEC+ reduced output targets with Saudi Arabia making the largest sacrifice in an effort to boost prices.

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Asia Day Ahead: US debt ceiling resolution brings focus back to Fed’s rate outlook

With the US debt default crisis averted which has been largely priced by markets previously, central focus this week could be shifted back to the US Fed rate outlook.

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Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation

After some key activity data and the passage of the debt ceiling bill last week, markets could be in for a relatively quieter week on the data front. With the US Federal Reserve expected to pause hiking rates, inflation moderating in recent months, and US economic growth showing signs of resilience, optimism has been running high in equities.

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OPEC+ Preview: Crude Oil Prices Linger Ahead of Production Guidance

Brent crude oil prices look for directional bias from the upcoming OPEC+ meeting with the cartel grappling with many moving parts.

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Gold Price Forecast: Dreams of Fresh Record Shattered for Now as Bears Pounce

The outlook for gold is starting to become more bearish from a fundamental standpoint, as the resilience of the U.S. economy could induce the Federal Reserve to continue raising rates later this year.

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Gold Price Recovery Runs Out of Steam as Red-Hot US Jobs Data Boosts Yields

Gold prices fell on Friday, weighed by rising U.S. Treasury yields as strong U.S. labor market data bolstered the case for higher-for-longer interest rates.

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May Jobs Report: NFP Smashes Estimates as US Unemployment Rises to 7-Month High

NFP rises once more with April's number seeing an upward revision. The unemployment rate did tick higher further complicating the job of the Federal Reserve ahead of its June meeting.

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US Dollar (DXY) on the Backfoot Ahead of the US Jobs Report (NFP)

The greenback is at a one-week low after a positive outcome to the US debt ceiling debate. Recent data shows that the US jobs market remains strong, what will today’s NFPs tell us?

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USD/JPY Price Forecast: Dollar Decline Provides Respite for the Yen

The yen appears to be benefitting from the Fed’s recent comments favouring a “skip” at this month’s FOMC meeting. Levels for a bearish continuation analysed

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​​Outlook on FTSE 100, DAX 40 and S&P 500 as US government agrees to raise the country’s debt ceiling.

​​Technical analysis on FTSE 100, DAX 40 and S&P 500 within their fundamental context.

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GBP/USD Price Forecast: Pound Rally Awaits NFP Confirmation

GBP/USD has scope for further upside with bullish technical patterns in focus ahead of the NFP report.

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EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern

EUR/USD regains poise after bouncing off technical support near the 1.0640/1.0600 area. Meanwhile, USD/JPY extends its correction as USD/CAD carves out a bearish double-top formation.

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Euro Area Inflation Slows Hitting February 2022 Lows, EUR/USD Bid

Euro Area inflation fell across the board in May with both the core and YoY print beating forecasts. Despite the positive data, it is unlikely to deter the ECB from hiking rates at its upcoming meeting.

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AUD/USD Price Forecast: Critical Juncture for Aussie Dollar

AUD/USD remains hesitant as US factors and local Australian influences battle for supremacy.

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