Crude Oil Q4 Technical Forecast: How High Can it Go?

Crude oil technical analysis shows Q4 could take prices towards the $100 mark but remain around overbought levels which could limit upside

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S&P 500 Futures Largely Unchanged as the Fed’s Preferred Gauge of Inflation Cools to 3.9%

US Fed Policymakers will no doubt breathe a sigh of relief as Core PCE data cooled in August. Short-term US interest rate futures barely moved however, as market participants still see the rate hiking cycle as done.

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Gold Prices Bounce Likely Short-Lived As US Rates, China Import Move Both Weigh

Gold prices have staged a modest pullback after falling below their 200-day moving average

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​​​Nikkei 225, FTSE 100 and S&P 500 Try to Recover Into Month End​​​

​​Outlook on Nikkei 225, FTSE 100 and S&P 500 as the oil price, US yields and greenback retreat from their lofty heights.

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GBP/USD Price Forecast: Pound Rallies on Positive UK GDP Report

GBP prices strengthened against the USD on the back of UK GDP numbers as well as dovish Fed talk which left the US dollar trading lower this morning.

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Japanese Yen Forecast: USD/JPY Pauses after Breakout as FX Intervention Risks Grow

USD/JPY halts its advance, but clings to 11-month highs ahead of Friday's key U.S. personal consumption expenditures data that may set the tone for the U.S. dollar in the near term.

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EUR/USD Gets a Reprieve with the Dollar on Offer Today

EURO Bulls spur on recovery attempt ahead of key risk events tomorrow which could send EURUSD back toward the YTD low. Will the move prove sustainable?

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XAU/USD Price Forecast: Where’s the Bottom for Gold?

Gold prices slip to multi-month lows as the US dollar grows in stature. Daily XAU/USD chart exhibiting bearish signals including death cross and triangle support breakout.

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US Crude Prices Close In On $100 As Markets Fret Tighter Supply

The prospect of lengthy production cuts trump any question marks over near-term demand to power prices higher.

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GBP/USD Price Forecast: Susceptible Pound Looks for Reprieve

GBP prices stay depressed as markets look towards US GDP and Fed speak for guidance.

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Asia Day Ahead: Nikkei at Near-Term Support, Brent Crude Eyeing September High

Wall Street managed to stabilise overnight from its recent sell-off, despite another climb in Treasury yields and a pull-ahead in the US dollar.

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USD/CAD Price Forecast: Loonie at Pivotal Point

USD/CAD try push higher but crude oil prices are limiting USD upside.

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EUR/USD Price Forecast: Euro Bears Keenly Eye 1.05

EUR/USD slumped to its lowest levels since mid-March after more aggressive monetary policy statements from the Fed’s Kashkari and dwindling German consumer confidence.

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GBPUSD Slips Again As UK Rate Outlook Hangs Heavy On Sterling

The Pound is headed for a terrible month against the Dollar as an uncertain out look for both interest rates and the UK economy work against it

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FTSE 100, DAX and S&P 500 Try to Stabilize After Rout

Outlook on FTSE 100, DAX 40 and S&P 500 as the ‘rates higher for longer’ scenario continues to weigh on stocks.

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S&P 500 & Dow Fall Below Key Support; Potential H&S in Nasdaq

The rally in US indices appears to be cracking – the S&P 500 and the Dow Jones Industrial Average (DJIA) have broken below key support, while the Nasdaq 100 index looks vulnerable amid a potential bearish formation.

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Asia Day Ahead: AUD/USD Stuck in a Range, Silver Eyes retest of Trendline Support

Elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest.

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GBP/USD Price Forecast: Pound Collapses Below 1.22

GBP prices dropped to multi-month lows this Tuesday as US bond market moves supported USD upside.

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EUR/USD Gets Some Respite, But Fed Speakers Add to Pressure

The Euro has fallen for 10 straight weeks as the Prospect of Higher, Longer US borrowing costs puts the Dollar way out in front

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Dow, Nasdaq 100 and Nikkei 225 turn lower

Indices have come under fresh pressure today, as the rise in yields continues to hit stocks.

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AUD Price Forecast: Higher US Treasury Yields Limiting Aussie Dollar

AUD prices deteriorated against the USD after US Treasury yields hit 16-year highs.

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Market Breadth has Weakened: Implications for S&P 500 & Nasdaq

Market breadth in US indices has weakened recently, with some indicators around multi-month lows. From a contrarian perspective, it could reflect oversold conditions, pointing to a minor rebound ahead of the US earnings season.

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Asia Day Ahead: US Dollar at Fresh 10-month High, HSI Struggles

Major US indices eked out small gains to start the week, but it may be nothing more than an attempt to stabilise from recent sell-off, given the absence of a fresh bullish catalyst.

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DAX, EU Stocks Update: ECB Officials Have Their Say as Equities Turn Lower

EU Stoxx, DAX Drop on weaker Chinese sentiment and unchanged EU fundamentals. Crucial horizontal levels of support come into view as risk assets feel effects of higher rates

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Japanese Yen Weakens Again, Markets Watchful For BoJ Intervention

USD/JPY continues to push higher, with its latest run of gains enough to take it back to levels at which the Bank of Japan has been known to step in

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GBP/USD, EUR/USD remain bearish, USD/JPY bullish as US dollar rises for tenth consecutive week

Outlook on GBP/USD, EUR/USD and USD/JPY as the greenback continues to appreciate amid ‘rates higher for longer’ scenario.

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Japanese Yen After BOJ: What Has Changed in USD/JPY, EUR/JPY, AUD/JPY?

The status quo by the BOJ last week reasserts the prevailing weakness in the JPY. What is the outlook and what are the key levels to watch in USD/JPY, EUR/JPY and AUD/JPY?

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Asia Day Ahead: Risk mood remains cautious, USD/SGD at nine-month high

Major US indices attempted to bounce off their respective near-term support last Friday, but gains failed to sustain into the latter half of the session as selling pressures dominate

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Markets Week Ahead: US Dollar, British Pound, Euro, Key Inflation Gauge, German CPI

The US Dollar experienced a mixed bag last week as the British Pound weakened and the New Zealand Dollar rose. Ahead, all eyes are on the Fed’s preferred inflation gauge, German inflation, Chinese Manufacturing PMI. What else?

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Japanese Yen Forecast: BoJ's Dovishness Puts USD/JPY Channel Breakout in Play

USD/JPY rallies heading into the weekend following Bank of Japan’s dovish monetary policy announcement. As prices approach channel resistance, the pair's reaction could offer key insight into the near-term outlook.

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Euro Forecast: EUR/USD on Breakdown Watch, EUR/GBP Stuck in No Man’s Land For Now

This article offers an in-depth analysis of EUR/USD and EUR/GBP from a fundamental and technical standpoint, exploring pivotal factors likely to influence price movements in upcoming trading sessions

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Where to next for USD/JPY, GBP/JPY and GBP/USD following BOE and BOJ rate decisions?

Outlook on USD/JPY, GBP/JPY and GBP/USD as US dollar is on track for its tenth straight week of gains.

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FTSE 100 looks toppish while DAX and S&P 500 are in freefall

Outlook on FTSE 100, DAX 40 and S&P 500 in the wake of a ‘rates higher for longer’ scenario.

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Sterling Slump Continues after Disappointing UK Retail Sales

The pound remains vulnerable to further selling as worse than expected retail sales data adds to the post-BoE selling. Later, subdued UK PMI forecasts add to the mix

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Japanese Yen Tumbles as BOJ Maintains Status Quo: USD/JPY Eyes 150

JPY dropped against USD after the BOJ kept its ultra-loose policy settings and maintained the target around 0% and the cap of 1.0% for the 10-year bond yield. What’s next for USD/JPY?

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Asia Day Ahead: Risk-off Sentiment in place, BoJ Meeting on the Radar

Major US indices are finding themselves at a critical juncture, with the S&P 500 and the Nasdaq 100 back to retest their respective key support levels.

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GBP Breaking News: BoE Hints at Peak Rates after Vote to Hold, GBP Offered

The BoE voted 5-4 to hold rates steady, pointing to a softer labour market, falling business sentiment and progress on inflation. GBP repricing takes effect as sterling drops

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US Dollar Gets a Boost from Optimistic Fed; EUR/USD, GBP/USD, AUD/USD

Higher for longer US interest rates coupled with the outperformance of the US economy are keeping the uptrend in global USD intact. What’s next for EUR/USD, GBP/USD, and AUD/USD?

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Asia Week Ahead: Fed’s Hawkish Takeaway Pushes Up USD, Weighs on AUD/USD, Gold

A high-for-longer rate outlook was the clear takeaway from the recent Fed meeting, as US Treasury yields found the validation to push on further with their 16-year highs.

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US Indices Risk Support Break After Hawkish Fed: S&P 500, Nasdaq Price Action

The S&P 500 and the Nasdaq 100 index look set to test support that could define the trend for the coming weeks after the Fed stuck with the hawkish script. What is the outlook and the key levels to watch?

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AUD/USD Charts Bullish Technical Setup as USD/JPY Defies Channel Resistance

This article provides an in-depth technical assessment of AUD/USD and USD/JPY, meticulously examining important price levels that could serve as support or resistance over the coming trading sessions.

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Fed Pauses but Says Another Hike is Possible, Gold and US Dollar Go Separate Ways

The Fed hit the pause button at its September meeting, keeping interest rates within the 5.25%-5.50% range, but indicating the potential for one more hike and less easing over the forecast horizon.

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Euro Snapshot: EUR/USD on Fed Watch, UK CPI Tests EUR/GBP Range

The euro has partially recovered from the post-ECB selloff with the Fed’s quarterly forecast in view. Tomorrow’s BoE decision is a coin toss as EUR/GBP range is tested

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How Will the US Dollar React to the Fed Rate Decision?

The US dollar continues to march higher ahead of the US Federal Reserve meeting. Will the greenback correct lower or strengthen further post the FOMC meeting?

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US Indices Ahead of Fed Rate Decision: Dow, S&P 500, Nasdaq Price Setups

US indices have settled in a range recently. Does it mean the uptrend has ended? What is the outlook and the key levels to watch in the S&P 500, the Nasdaq 100 index, and the Dow Jones Industrial Average?

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Asia Day Ahead: Sentiments on hold for Fed meeting, China’s loan prime rate in focus

Further de-risking took hold of Wall Street, as the usual caution persisted ahead of the FOMC meeting. Treasury yields resumed their ascent to retest their multi-year highs.

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US Dollar Setups: USD/JPY Treks Higher as AUD/USD Carves Out Double Bottom

This article offers a comprehensive analysis of USD/JPY and AUD/USD, scrutinizing crucial price levels to monitor that may act as technical resistance or support in the upcoming trading sessions.

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GBP Price Action Setups: GBP/USD, GBP/AUD Attempts Tepid Recovery Ahead of Inflation Data

British Pound bulls’ struggle to gain traction ahead of UK data. Given the uptick in US and Canadian inflation will the UK follow a similar path?

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USD/JPY Price Outlook: Markets Eying an FOMC-Sized Catalyst

USD/JPY cautiously edges towards the recent high but lacks the necessary follow through to test the 150 mark as the threat of FX intervention lingers

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Dow, Nikkei & CAC40 Edge up in Morning Trading

​Indices had a poor start to the week yesterday, but have picked some small gains in early trading today.

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Crude Oil Price Claims the High Ground as Market Scrambles. Higher WTI?

Crude oil prices peaked at new levels again today in the face of concerns for China’s growth prospects undermining it but backwardation is back in play. Will WTI break USD 100 a barrel?

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Australian Dollar Ponders Path Ahead After RBA Minutes. Will AUD/USD Breakout?

Australian Dollar crosswinds create uncertainty for direction with the RBA meeting minutes verify that the debate for hikes is up in the air and will be data dependent. Where to for AUD/USD?

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Asia Day Ahead: Wait-and-See in Lead-Up to Fed’s Decision, RBA Minutes in Focus

Market sentiment remained in its usual wait-and-see ahead of the FOMC meeting, as the VIX headed higher for the second straight day to reflect increased hedging activities.

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Australian Dollar Outlook: AUD/USD Sees Market Sentiment and Price Patterns Clash

This article provides an in-depth analysis of the Australian dollar, examining both market sentiment and price action to anticipate potential developments in the days and weeks ahead.

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FOMC Preview: Hawkish Pause to Reignite the Dollar Index (DXY) Rally?

The US Federal Reserve are largely expected to pause the rate hike cycle on Wednesday with updated economic projections. The lingering fear of a resurgence in inflation will likely keep the door open for another rate hike in Q4.

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USD/ZAR Price Forecast: Rand Preps for Fed and SARB

The rand remains subdued ahead of the FOMC and SARB interest rate announcements later this week, while USD/ZAR hovers around R19/$.

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Japanese Yen Forecast: A Big Week Ahead for USD/JPY Traders

Monetary policy decisions from the Federal Reserve and the Bank of Japan will give USD/JPY traders a lot to think about

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Gold Price Gains Amid Risk Aversion Ahead of Fed, BoE and BoJ. Higher XAU/USD?

Spot gold made headway today with China’s property sector revisiting its debt profile as markets contemplate central bank actions this week. Will XAU/USD break the range?

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Have Bitcoin & Ethereum Capitulated? BTC/USD & ETH/USD Price Setups

Tentative signs are emerging that Bitcoin’s slide may have capitulated. However, Ethereum has yet to show any meaningful upward momentum. What is the outlook and what are the key levels to watch?

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Asia Day Ahead: Calm before the storm, as STI remains in range, AUD/USD struggles

Major US indices gave back all of last week’s gains on Friday, while the Straits Times Index steadied. Volatility was triggered by the triple witching day with the VIX rising 7.6%.

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British Pound Slides Ahead of BoE Rate Decision. Where to for GBP/USD and EUR/GBP?

The British Pound has been undermined against the US Dollar after breaking below several technical levels last week while it appears range-bound against the Euro. Lower GBP/USD?

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Markets Week Ahead: US Dollar, Fed, Sterling, BoE, Japanese Yen, BoJ and More

The US Dollar mostly underperformed against its major peers last week as oil prices rallied. Ahead, EUR/USD, GBP/USD and USD/JPY will be eyeing the Fed, BoE and BoJ. What else is in store for markets in the week ahead?

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USD Weekly Forecast: DXY Firmly Focused on Fed Rate Announcement

USD prices hold strong heading into the FOMC meeting this week with market forecasts opting for a rate pause. Where to next for the DXY?

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GBP Price Action Setups: GBP/USD, GBP/AUD on the Back Foot Ahead of Massive Week

British Pound bulls’ eye massive week of data to arrest the recent slump as inflation data and the much-anticipated Bank of England meeting lie in wait. 25 bps hike incoming from the BoE?

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​​​FTSE 100, DAX 40 and S&P 500 Rally on Improved Sentiment​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 following ECB rate hike, second reduction in reserve ratio requirement by PBOC and successful Arm IPO.

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AUD Price Forecast: Chinese Data Provides Much Needed Reprieve for Aussie Dollar

AUD prices have rallied against the USD after optimistic Chinese data led the way. The RBA has a new Governor as Philip Lowe steps down.

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How Will the US Dollar React to Fed Rate Decision Next Week?

Teaser: The US dollar continues to march higher ahead of the US Federal Reserve meeting next week. Will the greenback correct lower or strengthen further post the FOMC meeting?

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Asia Day Ahead: VIX Back at Year-to-Date Low, Nikkei 225 Hits Two Month High

Major US indices registered their one-week high, as the VIX heads back to its year-to-date low. Oil prices continued its climb, while gold prices attempt to stabilise.

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Gold Price on Meltdown Alert as USD Eyes Breakout Before Fed, XAU/USD Levels

Gold prices may face larger losses and a potential breakdown if the U.S. dollar maintains its upward trajectory in a context of rising Treasury yields.

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WTI, Brent Shrug Off US Inventories Surge as Oil Prices Hit Fresh 2023 Highs

Oil prices resumed their upside rally this morning following a brief pause yesterday on surging US inventories. How much further will Oil prices advance before a retracement, as the 14-day RSI hovers in overbought territory?

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Dow Mixed but Nasdaq 100 and Nikkei Start to Show Renewed Bullish Momentum​​​​

Indices have held up relatively well despite the rise in monthly US inflation growth, but caution prevails ahead of the ECB decision.

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XAU/USD Price Forecast: US PPI & Retail Sales Could Push Gold to $1900

Gold prices look for cues from US PPI and retail sales as to the Fed’s rate cycle after yesterday’s headline CPI ticked higher. XAU/USD eyes $1900.

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

NZD/USD’s slide has paused recently, but the pair is still not out of the woods. What is the outlook and what are the key levels to watch in NZD/USD, AUD/NZD, and EUR/NZD?

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Australian Dollar Holds Early Gains After Jobs Beat; Is AUD/USD Forming a Base?

The Australian dollar held early Asia gains against the US dollar after the Australian economy created more jobs than expected last month. Is AUD/USD forming a base?

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Japanese Yen Forecast: USD/JPY on Breakout Quest as GBP/JPY Fends Off Support Test

This article takes a technical view of USD/JPY and GBP/JPY, analyzing critical support and resistance levels that deserve careful scrutiny in the coming trading sessions.

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GBP Breaking News: UK Growth Contracts Leaving Pound on Offer

GBP prices extended its decline today after UK GDP disappointed. Cable now looks to US CPI for guidance.

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Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high

Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, despite a resurgence in headline pricing pressures.

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British Pound Ahead of UK GDP: GBP/USD, EUR/GBP, GBP/JPY Setups

GBP is testing crucial support against the US dollar ahead of UK GDP data due later Wednesday. Which way is the tide for GBP/USD, EUR/GBP and GBP/JPY?

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Gold Price Slips as US Dollar Recovers Ahead of US CPI. Lower XAU/USD?

The gold price edged lower overnight as the market contemplates US Dollar direction and US CPI with the potential to impact Treasury and real yields. Is XAU/USD range bound for now?

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Australian Dollar Outlook: AUD/USD Falls, Yet Bullish Double Bottom Holds Promise

AUD/USD was muted on Tuesday, unable to consolidate Monday's gains, but continued to forge a double bottom pattern that may have bullish implications for the exchange rate if confirmed.

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US Dollar Up as Oil Soars, Nasdaq 100 Dips Pre-US CPI - How to Trade Inflation?

The U.S. dollar rebounds after steep losses at the beginning of the week. Meanwhile, the Nasdaq 100 slides, unable to consolidate Monday's gains as traders await the U.S. inflation report for August, which could set the tone for financial markets.

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Dow Jones, Nasdaq 100, CAC 40 Push Higher

Indices moved higher on Monday, with signs that the rally may continue today

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USD/CAD Price Forecast: Crude Oil & BoC Remnants Keep Loonie Elevated

USD/CAD prices are subdued today as traders keenly await upcoming US CPI tomorrow for guidance.

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UK Unemployment Ticks Higher as Total Earnings Remains Sticky, GBP/USD Slides

UK unemployment rises to 4.3%, a near two-year high while earnings continue to accelerate. The Bank of England (BoE) seems to be in a tough spot heading into the September meeting.

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Crude Oil Clambers Near Peak as US Dollar and Euro Pause Ahead of US CPI and ECB

Crude oil prices are scoping new highs as volatility dips while the US Dollar adjourns its ascendency ahead of CPI and the Euro considers its fate with the ECB rate decision ahead.

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Asia Day Ahead: USD/CNH Retraces From October 2022 Peak, EUR/USD Stabilises

Major US indices found room for some relief to start the week. Chinese equities were more mixed, with some paring of initial gains still pointing towards some reservations.

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Australian Dollar Holds High Ground as US Dollar Slips. Will Rates Drive AUD/USD?

The Australian Dollar lifted off to start this week after the US Dollar was pummelled after BoJ comments. Bond yields might continue to play a role. Will they turn in favour of AUD/USD?

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Gold Price at Make-or-Break Point with Trendline Resistance Up Ahead, XAU/USD Levels

Gold climbed on Monday on the back of a weaker U.S. dollar, but gains were limited as traders avoided taking large directional positions ahead of Wednesday's U.S. CPI data.

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AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?

AUD/USD and NZD/USD rally on broad-based U.S. dollar weakness, ahead of a key U.S. inflation report that could spark volatility and set the tone for financial markets in the near term.

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Euro Outlook: Dollar Decline Lifts EUR/USD, EUR/GBP Consolidates

EUR/USD has begun the week on the front foot ahead the ECB meeting on Thursday while EUR/GBP drifts slightly lower, consolidating within the broader range

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Japanese Yen Forecast: USD/JPY Slips After BoJ Talk, EUR/JPY Eyes ECB Rate Decision

The Japanese Yen picked up a small bid after a weekend article suggested that the Bank of Japan (BoJ) may soon review its ultra-loose monetary policy.

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GBP/USD Price Forecast: Anticipation Ramps Up for Pound Traders

GBP prices are attempting a comeback ahead of key economic data later this week.

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​​Nikkei 225 Under Pressure on Hawkish BoJ but FTSE 100, DAX 40 Positive

​​Outlook on FTSE 100, DAX 40 and Nikkei amid improving sentiment on hopes of soft US landing.

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Gold Rallies into Key Resistance, Will the 50-day MA Cap Further Upside?

Gold starts the week on the front foot as the Dollar Index takes a breath. Will the idea of a 'soft landing' and a drop in US inflation help Gold bulls facilitate a renewed push toward the psychological $2000/oz mark?

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US Dollar on the Ropes with Yen Leading the Way. AUD, NZD and GBP Piled In

The US Dollar retreat kicked off on Monday after hawkish comments from BoJ Governor Ueda sent USD/JPY tumbling before the broader DXY (USD) index took a hit. Lower USD?

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Asia Day Ahead: Cautious mood ahead of US CPI, JPY on watch amid BoJ’s Ueda comments

Major US indices attempted to stabilise towards the end of last week, but gains remained feeble with de-risking in tech and concerns of a resurgence in inflationary pressures.

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Japanese Yen Rallies on Bank of Japan’s Ueda Comments. Will USD/JPY Reverse?

The Japanese Yen found firmer footing today with BOJ Governor Ueda opening the prospect of further adjustments to the bank’s monetary policy. Have we seen the peak in USD/JPY?

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Markets Week Ahead: Euro, ECB, US Dollar, Gold, Treasuries, US CPI, AUD/USD, Jobs Data

The Euro fell for 8 consecutive weeks, will a 9th spell the longest losing streak since 1997 with the ECB due? Meanwhile, the US Dollar, gold and Treasuries await likely mixed US CPI data. AUD/USD faces Australian jobs data. What else?

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USD/JPY Price Forecast: Yen Ready to Take on USD According to Japanese Officials

USD/JPY is approaching intervention territory as the pair heads towards the 150 mark. Upcoming US CPI is likely to provide short-term directional guidance this week.

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USD/CAD Dips on Solid Canadian Data but Broader Outlook Tied to US Inflation

USD/CAD slides in reaction to strong employment growth in Canada, yet the broader direction of the pair could be more closely tied to the forthcoming U.S. inflation report next week.

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EUR/USD Price Forecast: Euro Teeters at 1.07 Ahead of ECB Rate Announcement

The euro tries to defy a break below 1.07 as euro area economic data continues to paint a bleak picture. EUR/USD could be in for more pain if the ECB does not raise rates.

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Bitcoin and Ethereum Price Latest – ETF ‘Noise’ Gives BTC/USD and ETH/USD a Bid for Now

Bitcoin and Ethereum both picked up a small bid after unsubstantiated rumors that a BTC ETF approval is likely soon. Both however remain stuck in a small range.

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​​​FTSE 100, DAX 40 and S&P 500 Try to Stabilize After a Tough Week

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid rising US dollar, treasury yields and oil price.

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Gold Price Update: Unchallenged US Dollar Set to Weigh on Gold Upside

The dollar, alongside US yields, has produced another move higher – potentially limiting gold’s upside potential ahead of US CPI data next week

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Asian Indices Look for Upward Momentum: Hang Seng, Kospi, Straits Times Index Setups

The tables haven’t turned yet for HSI, while the odds that Kospi may have peaked are growing, just as Singapore’s FTSE STI index seeks direction. What is the outlook for some of the Asian indices?

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USD/CAD Price Forecast: Bullish Momentum Faces Stern Resistance

Recent US data has pushed the US dollar even higher, extending USD/CAD gains while the BoC opted to pause rates. Bullish momentum stalls at significant resistance level

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Euro (EUR) Price Latest: Euro Area Q2 GDP Downgraded, EUR/USD Probing 1.0700

The Euro Area is struggling to expand, according to the latest Eurostat data, leaving the single currency at the mercy of a strong US dollar

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Dow, Nasdaq 100 and CAC40 All Come Under Selling Pressure

​​Indices have seen bullish momentum slip away, as concerns about renewed rate hikes hit risk appetite. ​

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GBP/USD Price Forecast: Pound Breakdown Post-BoE & UK Housing Data

GBP prices slumped this morning after the Halifax house price index reports showed property prices missing estimates. GBP/USD now below 1.25.

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Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD?

The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain about a hike. If they do, will EUR/USD rally?

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Real Yields Continue to Cast Shadow Over Gold: XAU/USD Price Action

Gold is restarting to feel the heat of rising US real yields following upbeat US data in the past couple of days. What is the outlook and what are the key levels to watch in XAU/USD?

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Crude Oil Price Makes New Peak on Supply Cuts and Inventory Run Down. Higher WTI?

Crude oil prices launched to a 10-month high overnight as OPEC+ supply cuts are extended, and US stockpiles continue to shrink while the structure of the market appears at a crossroads.

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XAU/USD Price Forecast: Gold On the Cusp of Another Breakdown

Gold prices could be in for more pain as oil prices add to reflation worries. XAU/USD now looks to US ISM services PMI.

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Euro Slides as US Dollar Dominates Again on Lofty Treasury Yields. Lower EUR/USD?

The Euro sunk to new lows after the US Dollar ascendency got back on track, boosted by rising Treasury yields and high energy prices. If WTI goes higher, where to for EUR/USD?

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Asia Day Ahead: Australia’s GDP Outperforms, Nikkei Eyeing Break of Bullish Flag

US indices started the week on a more subdued tone, with a jump in oil prices to a new 10-month high not providing much reassurances for the global inflation outlook.

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Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

AUD after the Australian economy slowed in the second quarter, reinforcing the view that the RBA is done with hiking interest rates. What is the outlook for AUD/USD?

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US Dollar Soars as Yen Sinks on Burgeoning Yield Differential. Higher USD/JPY?

The US Dollar raced to new heights overnight with Treasury yields pushing north, exasperating the spread to JGBs. If the gap widens, will USD/JPY make a new peak?

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Australian Dollar Outlook: AUD/USD in Peril as Sentiment Data Signals Weakness

AUD/USD sinks and flirts with major breakdown following disappointing data from China. Market positioning indicates the potential for further declines in the near term.

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Gold and Silver Latest – Stronger US Dollar Weighs on XAU/USD and XAG/USD

The US dollar is pushing higher after a long weekend and that is pressing down on the price of gold and silver

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Bitcoin & Ethereum Influenced by Thick Cloud Cover; BTC/USD & ETH/USD Price Setups

Bitcoin and Ethereum are testing crucial support levels that could define the trend for subsequent weeks. What is the outlook and the key levels to watch?

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Australian Dollar Languishes Near Lows After RBA Pauses Again. Lower AUD/USD?

The Australian Dollar dithered after the RBA decided to keep the cash rate unchanged at 4.10% as the bank prepares to pass the Governor's baton. Where to for AUD/USD?

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US Dollar Struggles at Resistance Amid Softening Data; EUR/USD, GBP/USD, USD/CAD

The recent struggle at key resistance reinforces the view that the US dollar’s (DXY Index) rally is losing steam as recent data eases concerns that the US economy is resurging. What’s next for the greenback?

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Asia Day Ahead: RBA rate decision ahead, VIX hovers near year-to-date low

Today will leave the Reserve Bank of Australia (RBA) rate decision on watch, with focus on whether recent inflation progress is sufficient to soften the RBA’s hawkish stance.

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Gold Price Steadies as US Real Yields Offset by Potential BRIC Demand. Lower XAU/USD?

The gold price has seen some sideways price action as the market contemplates a bullish and bearish case with the potential influence of BRIC countries outweighing historic fundamentals.

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Pound (GBP) Update: Sterling Reinforces Range Trading Tendencies

The pound seems to favour choppy, sideways price action. This has been evident for EUR/GBP for some time but now appears in GBP/USD after trendline breakdown

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USD/ZAR Price Forecast: Rand Weakness Brings R19/$ Back Into Focus

Rand weakness pushes USD/ZAR towards key resistance zone ahead of key SA and US economic data this week.

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EUR/USD Price Forecast: Euro Upside Could be Temporary

The euro looks to reestablish itself against the US dollar but weak German export data could see EUR/USD heading towards 1.07 once again.

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Crude Oil Flies High with Markets Eyeing a Fed Pause. Will WTI Go Higher?

The crude oil price has been steady today after surging last week on supply woes. With the US on holiday today, conditions in some markets might see less liquidity. Where to for WTI?

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Japanese Yen’s Slide Pauses but for How Long? USD/JPY, EUR/JPY, MXN/JPY Price Setups

The retreat in US Treasury yields amid a scaling back in US Federal Reserve rate hike expectations this year appears to have put a lid on USD/JPY.

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US Holiday Today but Focus Could be on China, Russell 2000, USD/JPY and Brent Crude

The US jobs data released last Friday displayed signs of softening in the US labour market, while Wall Street continues to catch a breather from its recent rally.

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Australian Dollar Steadies Ahead of RBA and GDP. Will AUD/USD Get a Grip?

The Australian Dollar has been battling to lift off the mid-August low but the recent rally might be constructive for it as it seeks to move back into a range trading environment.

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Markets Week Ahead: US Dollar, Gold, Crude Oil, AUD/USD, USD/CAD, RBA, BoC

The US Dollar broadly underperformed as gold prices soared. Ahead, the Australian and Canadian Dollars are eyeing the RBA and BoC, respectively. Will crude oil prices extend a winning streak and what else is in store for markets in the week ahead?

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British Pound Latest: GBP/USD Slips Going Into the Weekend, EUR/GBP Little Changed

The latest US Jobs Report nudged the US dollar against a range of G7, while updated ONS data shows the UK economy in better fettle than previously thought.

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August Jobs Report: Payrolls Rise by 187K, Setting Gold and USD on Opposite Paths

The U.S. labor market continued to show strength in August by adding 187,000 jobs, slightly above expectations. This indicates that significant layoffs have not yet become widespread, highlighting the economy's enduring resilience.

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S&P 500 Outlook: Can NFP Propel US Stocks Back to Yearly Highs?

early indications of a softer US labour market point to an underwhelming NFP report later today. The knock-on effect will be felt in stocks which have clawed back recent losses

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GBP/USD, Dollar Index (DXY) Hold Above Support Ahead of Key US Data Releases

The Bank of England (BoE) is facing growing challenges heading toward the September meeting, as uncertainty around the Fed swirls as well. Will todays US data provide some clarity for the pair?

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Indices on Track for Second Week of Gains: FTSE 100, Nasdaq 100, DAX 40

​​Outlook on FTSE 100, DAX 40 and Nasdaq 100 ahead of today’s US Non-Farm Payrolls.

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Bitcoin (BTC), Ethereum (ETH) Slide as SEC Postpones ETF Decision, US Jobs Report Now Key

The SEC pushed back making a decision on a handful of spot Bitcoin ETF applications until mid-October, leaving BTC/USD vulnerable to a further bout of weakness

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