EUR/USD Slides as Euro Area Makes Progress on Core Inflation, Headline Steady

The Euro Area saw core inflation cool in August but the headline and MoM figure remain sticky. No real clarity from today's data will only add to the ECB's conundrum moving forward.

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XAU/USD Price Forecast: Gold Extends on US Jobs Data

Gold prices have pushed higher on recent US jobs figures but PCE and NFP data will be key inputs as to the Fed’s rates trajectory.

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US Dollar Dip Pauses as Markets Reassess Fed Moves and China Concerns. Lower USD?

The US Dollar descent took a breather today as the Federal Reserve’s rate path is re-examined amid softening US data and China woes continuing. Will the DXY (USD) index trend lower?

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Wait-and-See Ahead of US PCE Data, China’s PMI Mixed: SPDR Semiconductor ETF, China A50, Brent Crude

Wall Street headed higher for the fourth straight day, but this time with more measured gains as some reservations kicked in ahead of the US core PCE data release later today.

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Australian Dollar Spikes After China PMI Beat; Can AUD/USD Rise Toward 0.66?

AUD rose briefly on tentative signs that China's manufacturing activity could be reviving. Can AUD/USD rise toward 0.66?

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Euro Jumps as US Dollar Pauses and Japanese Yen Sinks. Higher EUR/USD and EUR/JPY?

The Euro recovery story continues as the US Dollar ascendency is questioned and the Japanese Yen is allowed to slide. Eurozone CPI lies ahead. Will it boost EUR/USD and EUR/JPY further?

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Stocks Resume Their Bullish Run; FTSE 100, Nasdaq 100, Dow Jones

​​Outlook on FTSE 100, Dow and Nasdaq 100 as hopes of the Fed moving away from its tightening path grow.

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Japanese Yen Price Action Setups: USD/JPY, GBP/JPY Key Levels Identified

USD/JPY, GBP/JPY post recovery in the Asian session as BoJ Board member Tamura spoke. His comments were largely construed as dovish in nature and added renewed selling pressure on the Yen. Where to Next?

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Euro’s Downside Cushioned Ahead of Euro Area CPI, US PCE: EUR/USD, EUR/GBP Action

EUR is attempting to recover some lost ground ahead of Euro area inflation data and US core PCE price index data due Thursday. Will it last? EUR/USD and EUR/GBP price setups.

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Asia Day Ahead: Weak US Data Cooled Rate Bets; Australia inflation Below Expected

Wall Street took comfort from several downside surprises in US macro data overnight, with the data taming some rate hike bets and saw US Treasury yields decline.

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Australian Dollar Falls After CPI Miss; Which Way for AUD/USD, AUD/JPY?

AUD fell after Australia consumer price inflation moderated more than expected last month. What does it mean for AUD/USD’s trend and what are the key levels to watch in AUD/JPY?

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Bitcoin Soars on Grayscale’s Legal Victory over SEC. What’s Next for BTC/USD?

Bitcoin staged a vigorous rally after the U.S. Court of Appeals for the DC Circuit delivered a significant setback to the SEC's attempt to stymie Grayscale's attempt to launch a cryptocurrency ETF.

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Stock Indices Track Asia Higher

​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of today’s U.S. consumer confidence and job openings data.

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Pound Bulls Wary Ahead of Key US & EZ Data: GBP/USD, EUR/GBP

GBP/USD & EUR/GBP prices show pound resilience as markets keenly await US and euro data for guidance.

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More Pain Ahead for Crude Oil? Is the Rebound Over in Natural Gas?

Crude oil may have pulled back recently, but it is too soon to conclude that the nascent rebound is over. In contrast, the five-month-long rebound in natural gas appears to be cracking. What is the outlook and what are the key levels to watch?

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Australian Dollar Looks to Recoup Losses Ahead of CPI; AUD/USD, AUD/NZD, AUD/JPY

AUD is looking for positive catalysts as it attempts to recoup some of its recent losses ahead of key Australian inflation data due Wednesday. What is the outlook for AUD/USD, AUD/NZD, and AUD/JPY?

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Risk Mood Improves as US Bond Yields, US Dollar Take a Breather: Russell 2000, USD/JPY, GBP/USD

Wall Street gained for the second straight day, as US Treasury yields took a breather after touching their recent highs.

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British Pound Forecast: GBP/USD Awaits NFP as GBP/JPY Cheers Ueda’s Dovish Views

This article delves into GBP/USD and GBP/JPY through a technical lens, dissecting pivotal support and resistance levels that warrant close observation during the upcoming trading sessions.

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XAU/USD Price Forecast: Gold Retains Gains Post-Powell

Gold prices look tentative this week ahead of key US economic data including GDP, Core PCE and NFPs. XAU/USD holds above $1900/oz.

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Australian Dollar Boosted by Hang Seng Uplift on China’s Tweaks. Will AUD/USD Recover?

The Australian Dollar drifted higher today after China continued to announce measures to backstop a struggling economic outlook amid the Jackson Hole fallout. Where to for AUD/USD?

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US Dollar Flirts with Resistance After Powell; EUR/USD, GBP/USD, AUD/USD Price Action

The USD is holding gains against its peers after Powell warned of more tightening to bring down inflation to the 2% target. What is the outlook for EUR/USD, GBP/USD, and AUD/USD?

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Asia Day Ahead: Relief Rally to Start the Week Ahead of Key Macro Data

Wall Street managed to get through the Jackson Hole Symposium unscathed, despite a hawkish takeaway from Fed Chair Jerome Powell last Friday.

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Japanese Yen Slides on BoJ and Fed Commentary from Jackson Hole. Higher USD/JPY?

The Japanese Yen is pondering a potential new low today with the US Dollar gaining traction post-Jackson Hole. The Fed and BoJ remarks may add to speculation to bolster USD/JPY.

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Markets Week Ahead: US Dollar, Gold, Euro, NFPs, Key Fed Inflation Gauge, China PMI

The US Dollar mostly outperformed against its major peers as gold prices managed to push higher. Ahead, all eyes are on the Fed’s preferred inflation gauge, US non-farm payrolls and Chinese manufacturing PMI. What else?

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Yen Price Outlook: USD/JPY Upside Back in Play, EUR/JPY Vulnerable

USD/JPY receives bullish boost ahead of Powell’s Jackson Hole speech which contrasts EUR/JPY fortunes which may extend on recent dovish ECB revelations

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Euro (EUR) Latest: EUR/USD Hit by Dollar Strength, EUR/GBP Bounces Off Support

The single currency is struggling against a robust US dollar ahead of Fed chair Jerome Powell’s keynote speech later today.

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Stock indices give back gains ahead of Fed Chair speech​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 ahead of today’s Jackson Hole Symposium Jerome Powell speech.

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Gold (XAU/USD) Holds High Ground Despite the DXY Advance, Where to Next?

Spot Gold has held onto early week gains despite the US Dollar continuing to show strength this week. Will Fed Chair Powell add fuel to the renewed appetite from Gold Bulls?

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De-risking ahead of Fed Chair’s Jackson Hole speech: Brent crude, AUD/JPY, EUR/USD

Nvidia’s stellar results hit with a sell-the-news market reaction, as market participants de-risk ahead of Fed Chair Jerome Powell’s Jackson Hole speech later tonight.

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USD/JPY Claws Back Up, Jackson Hole Focus Trumps Durable Goods Weakness

The US Dollar remained higher for the day against the Japanese Yen despite some disturbing weakness in the data

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Gold (XAU/USD) and Silver (XAG/USD) Latest Price Outlooks

Gold continues to push higher this week after global bond yields fall sharply. Markets are growing increasingly concerned that global economic growth is faltering

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Oil Prices Stabilize Ahead of Powell’s Jackson Hole Speech on Friday

Declining US yields and the US dollar have helped oil prices recover some of the recent losses. Greater-than-expected EIA crude drawdowns help lift US crude

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EUR/GBP Forecast: Consolidation to Prevail Following Whipsaw Price Action

EUR/GBP failed to hold below the 0.8500 psychological level as consolidation looks set to return. Adjustments to rate hike probabilities do appear to favor further downside over the medium-term.

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US Indices’ Upside Could be Capped: S&P 500, Nasdaq Price Setups

US indices may have rebounded in recent days, thanks to earnings and the retreat in US yields. But the deep decline since last month has left a scar on the broader uptrend, one that could be hard to fill soon.

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US Dollar Toppish Ahead of Powell; EUR/USD, AUD/USD, GBP/USD Price Setups

There are growing signs that USD could be in the process of making an interim top. To be fair, this wouldn’t necessarily imply that the uptrend is over. What’s next for EUR/USD, GBP/USD, and AUD/USD?

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Crude Oil Price Loses Grip as Despite Optimism Taking Hold. Where to for WTI?

Crude oil prices are under pump going into Thursday’s trade and ahead of the Fed’s Jackson Hole symposium later today. If the Fed messages a more hawkish posture, will that sink WTI?

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Crude Oil Prices Lower Again As Markets Fret Chinese Demand

A slowing Chinese economy and the chance of ‘higher for longer’ US interest rates doesn’t make a bullish mix for oil prices

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Gold Price Outlook: XAU/USD Gains as Yields Ease Ahead of Jackson Hole

Gold has shown an increasing correlation to elevated yields and the dollar, weighing on the metal over the longer-term. Recent dips in yields provides short-term relief

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EUR/USD Slides as Euro Area PMI Gives ECB Reason to Pause

Euro Area PMI data came in below expectations which is likely to fuel talk of a pause from the ECB in September. Eyes now on Christine Lagarde at Jackson Hole for more guidance.

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Is the Rally Over in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Setups

The upward pressure has eased in Bitcoin and Ethereum after the recent sharp fall. However, the fall isn’t sufficient to conclude that this year’s rally is over. What is the outlook and the key levels to watch?

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Asia Day Ahead: Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight, as elevated Treasury yields and the lack of further heavy-lifting by Nvidia kept a cautious tone in place.

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Gold Price Steadies Despite Treasury Yields and US Real Yields Rising. Lower XAU/USD?

The gold price inched higher today as markets consider the consequences of swelling Treasury yields ahead of the Federal Reserve’s Jackson Hole conclave. Where to for XAU/USD?

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Jackson Hole Preview: Where to Next for the Fed?

The Jackson Hole Economic Symposium will be in focus this week as interest rates, inflation and labor markets are likely to be key themes for the Federal Reserve.

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USD/ZAR Forecast: Rand (ZAR) Firms as BRICS Summit Kicks Off

The Rand (ZAR) benefits with the BRICS summit under way. However, talks of de-dollarisation may be premature but there is a lot on the agenda for the Bloc with expansion plans the key focus.

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Euro (EUR) Forecast Latest: Will Flash PMIs Spark Action in EUR/USD, EUR/JPY?

Wednesday’s German and Euro Zone flash PMIs may give the single currency a much needed boost of volatility

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Oil Price Outlook: Modest Chinese Stimulus Triggers Demand Concerns

A string of modest stimulus measures from Chinese policymakers raises doubts over oil demand from the world’s second biggest oil consumer despite softer US Dollar

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Gold (XAU/USD) Rally Gathers Pace but 200-Day MA Could Cap Gains

Spot Gold rallies back above the $1900/oz handle but the 200-day MA lies in wait. Do the Bulls have enough momentum for a break higher?

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Asian Indices Feel the Heat of Rising Yields: Hang Seng, Kospi, Straits Times Index Setups

The upward pressure in Asian indices appears to be fading fast amid rising global yields and a faltering post-Covid recovery in China. What is the outlook for the Hang Seng Index, Kospi, and FTSE Straits Times Index?

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US Dollar Looks Tired Ahead of Jackson Hole: EUR/USD, GBP/USD, USD/JPY Price Setups

The US dollar’s rally looks tired against some of its peers ahead of the Jackson Hole Economic Symposium beginning Thursday. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?

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Asia Day Ahead: Heavy-Lifting from US Tech Overnight as Nvidia Results in Focus

The US 10-year Treasury yields touched a new 15-year high, but renewed traction towards tech shares ahead of Nvidia’s result release saw shrug-off from Nasdaq.

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JPY Intervention Levels Assessed Ahead of Jackson Hole, Yen Offered

Yen weakness continues on Monday after clawing back some losses last Friday. Markets may look to test 150 after Suzuki clarifies concern over yen volatility, not level

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Gold (XAU/USD) Remains Weak, Eyes Now on the Jackson Hole Central Banker Meet Up

Gold is down by $100/oz. over the last month and with little in the way of support on the chart, further losses may accrue

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GBP/USD with Modest Gains but Remains at the Mercy of the DXY

Cable puts in modest gains to start the week buoyed by a weaker Dollar Index (DXY). Will Central Bankers at Jackson Hole provide a catalyst for a breakout?

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Stock Indices Steady as PBOC Reduces its 1-Year Loan Prime Rate to a Record Low

Outlook on FTSE 100, CAC 40 and Nasdaq 100 as the People’s Bank of China seeks to strike a balance between helping the faltering economy and stemming further weakness in the yuan

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Euro Steadies as Hang Seng Tanks on PBOC’s Shallow Cut. Lower EUR/USD?

The Euro eked out small gains to start the week as the US Dollar adjourns it bull run while China’s stimulus measures fall short of expectations. Will EUR/USD support hold?

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New Zealand Dollar Reverses Gains After PBOC Move; NZD/USD, AUD/NZD, GBP/NZD Setups

NZD gave up early gains against its peers after China cut its one-year benchmark lending rate but left its five-year rate unchanged. What is the outlook for NZD/USD, AUD/NZD, and GBP/NZD?

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US indices attempt to stabilise, while China’s loan prime rates delivered more modest response: Nasdaq 100, Hang Seng Index, US dollar

Major US indices were subdued to end last Friday, but nevertheless, it reflected an attempt to stabilise following three straight days of heavy losses.

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Crude Oil Price Wanes with a Higher US Dollar and Treasury Yields. Where to for WTI?

Crude oil prices are slightly softer to start the week with the market looking for a rate cut from the PBOC today to boost China’s economic prospects. Will WTI steady on a better outlook?

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Markets Week Ahead: Gold, US Dollar, Nasdaq 100, Treasury Yields, Jackson Hole, China

Surging Treasury yields pushed down gold prices as the US Dollar outperformed and equity markets wobbled. Ahead, all eyes are on the Fed’s Jackson Hole Symposium as markets continue watching economic developments out of China.

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XAU/USD Price Forecast: Is the Tide Turning for Gold?

Gold prices looks to a big data week that includes the Jackson Hole Economic Symposium as XAU/USD bulls look to find some respite.

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EUR/USD Price Forecast: Battered Euro May Be in for More Pain

The euro has slumped further ahead of a massive data week next week. EUR/USD now eyes channel support around the 1.0834 handle.

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Bitcoin (BTC), Ethereum (ETH) Slump to Multi-Month Lows, Volatility Back With a Vengeance

After weeks of sideways, low vol trade, Bitcoin and Ethereum slumped 8%+ in minutes as sellers took complete control of the market

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EUR/GBP, GBP/USD Update: GBP Slides as UK Retail Sales Disappoints

UK retail sales disappoints following a wet July dragging the British Pound lower in early European trade. More gains in store for the GBP against the Euro and Greenback?

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Stock Indices Hit by More China Property Woes​​​

​​Outlook on FTSE 100, CAC 40 and Nasdaq 100 as Evergrande files for bankruptcy protection in the US as the real estate crisis in China deepens.

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USD/JPY Drops as Evergrande Bankruptcy Application Spurs Safety Bid

Japanese inflation remained elevated but broadly inline with consensus. However, news out of China sees a lift in the yen as investors tap into US treasuries as sentiment sours

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US Indices’ Rally is Cracking: S&P 500, Nasdaq Price Action

The upward pressure in the S&P 500 and the Nasdaq 100 index is finally fading -- at least for now. How much more downside for US indices?

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Gold Price Slides as the US Dollar and Treasury Yields Rise. Where to for XAU/USD?

The gold price dipped to fresh lows overnight as markets consider the consequences of a rising US Dollar and Treasury yields as the outlook for China faces scrutiny. Lower XAU/USD?

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British Pound (GBP) Strength Seen in Latest GBP/USD and EUR/GBP Price Action

The British Pound is holding its own against a resurgent US dollar and is pushing ahead against the Euro. Higher UK bond yields underpin the move.

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USD/JPY, EUR/JPY Update: A Temporary Pause Before Bullish Continuation?

The Yen continues to struggle with the FOMC minutes leaning on the hawkish side. USD/JPY and EUR/JPY bulls remain firmly in control despite the potential for short-term pullbacks.

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Nasdaq 100, Dow and Nikkei 225 hit one-month low as China worries intensify

​​Indices have seen further selling, with no end to the pullback yet in sight. ​

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XAU/USD Forecast: Real Yields Continue to Suppress Gold Prices

Gold prices look to recover after the recent sharp selloff but will need real yields to provide some assistance by pushing lower.

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HK/China Equities Test the Line in the Sand; Hang Seng, CSI 300 Price Setups

China/Hong Kong equities are testing crucial support areas that could define the trend for the next few weeks, possibly months. What is the outlook and what are the levels to watch in the Hang Seng Index and the CSI 300 Index?

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Euro Vulnerable Against a Runaway US Dollar with Treasury Yields Jumping

The Euro succumbed to US Dollar ascendency along with many other currency pairs and the dynamics coming out of China might have more legs yet. Will EUR/USD continue lower?

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Australian Dollar Falls After Jobs Data Miss; How Much More Downside for AUD/USD?

AUD/USD fell after the Australian economy created fewer-than-expected jobs last month. To what extent could AUD/USD fall and what are the key levels to watch?

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Hawkish Tilt in Fed Minutes, While Trade Data in Asia Weakened: Gold, USD/SGD, US Dollar

It was another down day in Wall Street, as statements from the FOMC minutes did not reflect the level of unity among policymakers to pause rates as what was initially expected.

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Stock Indices Continue to Slide on China Growth Worries and Bank Downgrades

Outlook on FTSE 100, DAX 40 and S&P 500 amid lacklustre China growth and possible downgrades of major banks by the ratings agency Fitch

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Gold (XAU/USD) Flirts with $1900 Support as Fed Minutes Loom

Spot Gold briefly traded below the $1900 support level with a daily close below the 200-day MA for the first time since December 2022. A sign of further weakness ahead?

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GBP Breaking News: UK Inflation Remains Sticky, September Hike Likely

GBP prices have gained traction after the UK CPI report surprised to the upside on several metrics.

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Crude Oil Collapses as China Woes the US Dollar Strength Take its Toll

Crude oil prices broke lower yesterday and has underperformed today as developments out of China has risk assets on the backfoot amidst US Dollar reclaiming the upper hand. Lower WTI?

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Euro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price Setups

EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?

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New Zealand Dollar Spiked After the RBNZ Left its Cash Rate Alone at 5.50%. Higher NZD/USD?

The New Zealand Dollar jumped immediately after the RBNZ announced that they left rates unchanged 5.50% for the second meeting in a row. Will NZD/USD break back up and into the range?

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Finance Minister Suzuki Sticks to Script as EUR/JPY, USD/JPY Advance

apanese Finance Minister Suzuki sounded more like a record on repeat with comments around FX intervention this morning. The comments came on the back of a 3rd straight quarter of expansion.

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FTSE 100, Dow and Hang Seng All Come Under Pressure

​Indices have slipped back following more poor data from China.

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USD Price Forecast: DXY Trades at Key Inflection Point, Retails Sales to Come

US retail sales could supplement the dollar’s recent rally as the Dollar Index (DXY) eyes the 200-day moving average.

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BoE Faces Pressure Following Average Earnings Spike as Unemployment Rises, GBP/USD Bid

UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal.

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Australian Dollar Defies Gravity with Action Out of China, the PBOC and Japan

The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?

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Gold Price Loses its Lustre as the US Dollar and Treasury Yields Climb. Lower XAU/USD?

The gold price slide continues today as markets assess the consequences of a rising US Dollar and Treasury yields. China’s outlook is under the microscope and could impact XAU/USD.

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EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracement is gaining traction. Is it sustainable though?

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Japanese Yen Hits New Lows as US Dollar Flexes on Higher Treasury Yields

The Japanese Yen pierced prior lows with the US Dollar reclaiming the high ground on lofty Treasury yields and risk assets tumbling as China woes continue. Will USD/JPY make a new peak?

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Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

Growing similarities on the charts of the Nasdaq 100 index and gold suggest the former could be in for some consolidation/minor retreat in an environment of rising real yields. What are the key levels to watch in the Nasdaq 100 index and XAU/USD?

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Asia Day Ahead: Cautious Tone to Start the Week: Brent crude, China A50, USD/JPY

The value-growth divide since the start of the month continued to play out last Friday, as market participants pare their exposure in US big tech and semiconductors, while value sectors held firm.

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Australian Dollar Decline Pushes it to Bottom of the Range. Will AUD/USD Bounce?

The Australian Dollar is languishing to start the week after moving lower last week as the US Dollar found support with Treasury yields running higher. Will AUD/USD find traction?

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Markets Week Ahead: US Dollar, Gold, Crude Oil, Nasdaq 100, RBNZ, FOMC Minutes, CPI

The US Dollar outperformed alongside Treasury yields last week, pushing down gold prices. Meanwhile, crude oil prices just barely managed a 7th consecutive weekly gain. What is in store for markets in the week ahead?

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Oil Update: OPEC Monthly Report Points to Tighter Oil Market, Cuts Continue

Record US oil production partially offsets OPEC’s output drop but the global oil market is set to get tighter into year end

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Indices Little-Changed After Post-US CPI Volatility​​​​

Stock markets dropped back after yesterday’s CPI figure, but are attempting to move higher again this morning.

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AUD/USD Technical Outlook: Further Pain in Store for the Aussie Dollar?

AUD/USD may experience a short-term bounce following comments by the RBA Governor. The medium-term picture leaves the Australian Dollar looking vulnerable from both a technical and macro perspective.

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British Pound (GBP) Latest: UK GDP Data Beats Estimates, Sterling Undecided

The UK economy expanded at a robust pace in the June, beating forecasts. Manufacturing and industrial production data also exceeded estimates.

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How Much More to Go in Crude Oil? Is There More Upside in Natural Gas?

Crude oil and natural gas have rebounded meaningfully in recent weeks. Is the downtrend since 2022 in both markets reversing? What is the outlook and the key levels to watch?

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Asia Day Ahead: Subdued Start in Asia as Wall Street Rally Fizzles

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting the US dollar to pare its earlier losses.

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Gold Price Outlook at Risk as Markets Embrace Tighter Fed for Longer After US CPI

Gold prices fell in the aftermath of US inflation data. Financial markets continue to open to a Federal Reserve that may stay tighter for longer, leaving XAU/USD at risk.

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US Dollar (DXY) Listless as the Latest US Inflation Report Nears

The US dollar is treading water ahead of the latest US inflation report pushing FX traders to the sidelines. Will the release spark a bout of much needed US dollar volatility?

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Nasdaq 100 and S&P 500 Edge Higher Ahead of US CPI, Nikkei 225 Rallies Above 32,000

After a recent run of losses, US indices are slightly higher as investors await the latest US inflation reading. Meanwhile, the Nikkei is making another attempt to resume its longer-term move higher.

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GBP/USD Hovers at Key Inflection Point Ahead of Inflation and GDP Data

Cable has arrested a two-day slide in the Asian session as US CPI looms. Will US CPI and UK GDP data inspire a bullish continuation or is a deeper retracement in store?

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Crude Oil Catapults to New Highs While the US Dollar Steadies Ahead of CPI. Higher WTI?

Crude oil prices broke above resistance yesterday and has held the high ground today as markets eye US CPI figures due later. If it’s an outlier, volatility could kick off.

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High Real Yields Starting to Bite Gold? XAU/USD Price Setup Ahead of US CPI

Higher real rates could be starting to finally weigh on gold prices. What is the outlook for XAU/USD and what are the key levels to watch?

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Lead-up to US CPI Release Keeps Sentiments in Check: US dollar, Hang Seng Index, Brent Crude

Wall Street continued its decline for the second straight day, as market participants de-risk in the lead-up to the upcoming US CPI release.

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Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data

The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US.

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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets

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FTSE 100, Dax and Dow Move Higher in Early Trading

Indices staged a recovery yesterday, with some cautious gains seen in indices this morning.

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British Pound (GBP) Latest: EUR/GBP and GBP/NZD Outlooks

EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data

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Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test lower?

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US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

The US Dollar ascendency got back on track in the last few sessions as traders and investors sought safety in bonds with risk assets coming under pressure. Will GBP/USD break lower?

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​Nasdaq 100 and CAC40 Struggle to Move Higher, Hang Seng Falls Again After Weak China Data

Poor Chinese trade data has hit the Hang Seng hard, while in Europe and the US indices are struggling to extend Monday’s bounce into a second session.

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AUD Price Forecast: Aussie Hit by China Trade Data

AUD prices dwindle as China’s economic activity shows further signs of slowing.

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Euro Stalls with the US Dollar Gaining on Higher Treasury Yields. Lower EUR/USD?

The Euro backed away from trend line resistance with the US Dollar regaining some ascendency after Fed speakers repeated their tight policy mantra. Where to for EUR/USD?

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New Zealand Dollar Ahead of US CPI; NZD/USD, AUD/NZD, EUR/NZD Price Action

NZD appears to have taken a back seat amid a deteriorating NZ economic outlook and the growing view that RBNZ is done with raising rates. What is the outlook for NZD/USD, AUD/NZD, and EUR/NZD?

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Warm Start to the Week, but Lead-Up to China’s Trade Data Brings Some Caution: S&P 500, China A50, Natural Gas

Following last Friday’s reversal, major US indices managed to hold onto their gains this time round, with the 4,500 level for the S&P 500 having to see some defending ahead.

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Crude Oil Crossroads Ahead as Markets Eye New Highs. Will WTI Overcome Resistance?

Crude oil prices have been approaching recent highs this week and a new peak might confirm the bullish trend, but a failure might see crude vulnerability unfold. Where to for WTI?

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USD/ZAR Price Forecast: Rand Suffers as Risk Sentiment Sours

ZAR prices slumped this Monday after tensions between Ukraine & Russia grew, stoking risk aversion towards risker currencies including the ZAR.

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WTI and Brent Eye a Retracement with Saudi Aramco Reporting Q2 Profits Drop

Oil prices retreat on slightly cautious start to the new week. Following a +- 16% gain in July can oil prices maintain their trajectory?

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​​​​FTSE 100, Dax and Dow Losses Stemmed for Now​​​​

Indices have tried to slow their declines, with signs of a recovery across the Dax and Dow.

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EUR/USD Price Forecast: Euro on Offer as German Industrial Production Contracts

The euro begins the week on the backfoot after the US dollar recovers and German industrial production misses forecasts.

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US Dollar Struggles to Hold Gains Ahead of CPI: EUR/USD, GBP/USD, USD/JPY Price Setups

Mixed US jobs data released on Friday points to a limited upside in the US dollar ahead of the key US inflation data due on Wednesday. What is the outlook for EUR/USD, GBP/USD, and USD/JPY?

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Asia Day Ahead: Asia on a Cautious Tone Following Wall Street’s Reversal: Nasdaq 100, USD/JPY, AUD/USD

An initial move higher in Wall Street last Friday eventually faded into the close, as market participants took the opportunity for further profit-taking into the seasonally weaker month of August

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Markets Week Ahead: British Pound, Euro, Gold, US Dollar, CPI and GDP Data

The Euro and British Pound cautiously weakened last week amid a stronger US Dollar. This also meant gold underperformed. Ahead, all eyes turn to US CPI and UK GDP.

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Euro Price Outlook: EURUSD on Breakout Watch, EURGBP Range Continues

European fundamental data has not helped spur on the currency despite encouraging GDP print. ECB looking to reach peak rates no longer supports the currency

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FTSE 100, Dax and Nasdaq 100 Move Cautiously Higher​​​​

Indices have seen their losses stabilise for now, after the mid-week drop following the US debt downgrade.

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AUD/USD, GBP/AUD Analyzed as AUD Eyes a Recovery Post RBA Statement

A few positives for the Australian Dollar this morning as China lifts Barley tariffs helping AUDUSD to tick slightly higher in the Asian session. The beginning of a sustained move higher?

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British Pound Could Stage a Rebound: GBP/USD, EUR/GBP, GBP/JPY Price Setups After BOE

GBP looks set to recoup some of its recent losses after BOE raised interest rates and didn’t rule out further tightening. To what extent GBP could rise against USD? What is the outlook for EUR/GBP and GBP/JPY?

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After-market relief in Wall Street, with look-ahead to US job report: US dollar, Straits Times Index, Copper

Major US indices ended the day slightly underwater, as the US 10-year Treasury yields continue to head to its highest level in almost nine month.

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Gold Price Ponders Direction as the US Dollar and Treasury Yields Eye Higher Levels

The gold price stalled on trend line support today as markets take stock of a rising US Dollar and Treasury yields. The perceived ‘haven’ status is yet to emerge for XAU/USD.

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Nasdaq 100, S&P 500 and CAC40 all Fall as European and US Indices Come Under Further Pressure.

​​Selling continues in indices, as the effects of the US downgrade continue to rock markets.

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US Dollar Price Forecast: Investors Retreat to USD Sanctuary

The U.S. dollar is capitalizing on the risk aversion in global markets as investors seek out safe haven assets. DXY approaching key resistance levels.

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Japanese Yen and Nikkei 225 Tank as US Dollar Re-Asserts Itself. New USD/JPY Highs?

The Japanese Yen melted again today as the US Dollar ascendency got back on track after investors and traders reassessed their exposure to risk assets. Will USD/JPY test prior peaks?

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US Indices Rally Beginning to Crack? S&P 500, Nasdaq Price Setups

Relatively bigger down days than up days since late July on the daily charts of the Nasdaq 100 index and the S&P 500 index’s fall below support for the first time since April suggests the rally in US indices could finally be due for a breather.

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Asia Day Ahead: Downbeat Handover from Wall Street: Nikkei 225, GBP/USD, Nasdaq 100

Market sentiments continue to reel in from the US credit rating downgrade by Fitch overnight, with overbought technical conditions potentially exacerbating some profit-taking.

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Crude Oil Crunched as Markets Recoil from Fitch Downgrade. Lower WTI?

Crude oil prices are under the pump today as macro conditions unwind the jolly July rally on US debt woes and although stockpiles have been depleted, WTI vulnerability has been exposed.

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AUD Price Forecast: US Ratings Downgrade Burns Pro-Growth Aussie

AUD prices have been rocked by the US ratings downgrade but has managed to find support against the NZD as market keenly await ADP data later today.

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Crude Oil Eyes New Highs Despite Risk Aversion Elsewhere on Fitch Decision

The crude oil price has maintained overnight gains despite a tough day for risk assets after Fitch downgraded US sovereign debt saw equity markets retreat lower. Higher WTI?

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Euro Lifted Slightly by US Downgrade, but Will it Last? EUR/USD, EUR/AUD, EUR/NZD Price Action

EUR appears to be slightly supported after Fitch downgraded US ratings. Still, monetary policy and growth differentials suggest the single currency is unlikely to benefit much. What is the outlook for EUR/USD, EUR/NZD, and EUR/AUD?

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Gold Price Takes a Tumble as US Dollar Gains Post Fitch Downgrade. Lower XAU/USD?

The gold price is in the middle of its recent range near US$ 1,950 going Wednesday after a US Dollar rally before Fitch downgraded US sovereign debt. It may trigger some volatility. Where to for XAU/USD?

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US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?

The US Dollar and Dow Jones took a plunge after Fitch downgraded the US credit rating amid fiscal deficits and an aging population. Will these moves be sustained?

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S&P 500 on Edge Before Apple & Amazon, Gold Tanks as Yields Soar ahead of NFP

Earnings from tech mega-caps Apple and Amazon, as well as the U.S. jobs report for July, could grab the spotlight and determine the trading bias of the S&P 500 in the coming days.

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