Tuesday, 30 November 2021

Trading Forex at the News Release

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

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AUD/USD Bounces as US Dollar Digests Powell Pivot and Data Beat. Where To From Here?

The Australian Dollar made a new low overnight on the back Fed Chair Jerome Powell retiring transitory inflation. Will the AUD/USD downtrend continue?

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Crude Oil Forecast: OPEC+ on Tap as Prices Languish Below Key Moving Average

Oil prices fell sharply in November as a myriad of factors weighed on prices. OPEC+ is meeting this week and the cartel is likely to take a cautious approach until the Omicron threat is further ass...

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Gold Prices Sink as Powell’s Pivot Lifts Treasury Yields. Will XAU/USD Go Lower?

Gold prices moved lower on Fed Chair Jerome Powell changing tack around transitory inflation to push Treasury yields higher. Will XAU/USD weaken further?

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Australian Dollar Forecast: AUD/USD Aims Higher on Third Quarter GDP Beat

The Australian Dollar is on the move lower versus the US Dollar despite Australia's third-quarter GDP growth beating estimates. The Omicron variant and a more hawkish Fed Chair has markets cautious.

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How to Trade the Impact of Politics on Global Financial Markets

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

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IBEX 35 Heads Lower on Renewed Virus Fears as Omicron Variant Spreads Across EU

The IBEX 35 Index rounded out November by finishing 1.8% lower, with losses fueled by renewed virus fears.

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Dow to Nasdaq Ratio, Crude Oil, Treasury Curve: Top Three Monthly Charts as December Begins

We have closed out November and are now heading into the final month of the trading year. With seasonal expectations competing with critical fundamental concerns, these are top three big-picture ch...

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Nasdaq 100 Sinks as Fed Weighs Faster Taper Timeline; Omicron Adds to Market Worries

Concerns about the Omicron variant, along with the Fed's message that it may be appropriate to taper asset purchases at a faster-than-planned pace to cool inflation weigh on U.S. stocks.

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AUD/USD Rate Vulnerable to Contraction in Australia GDP

Fresh developments coming out of Australia may keep AUD/USD under pressure as the Gross Domestic Product (GDP) is anticipated to show a contraction in the growth rate.

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

The US Dollar caught a strong bid this morning when Powell warned of inflation pressure. This webinar looked at numerous setups around the USD.

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EUR/USD Forecast: Euro Rebound in Focus Following RSI Buy Signal

EUR/USD may stage a larger recovery over the coming days as the Relative strength Index (RSI) bounces back from oversold territory to indicate a textbook buy signal.

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Crude Oil Drops Ahead of ‘OPEC+’ Meeting after Current Vaccine Effectiveness Questioned

Brent crude oil dropped sharply after comments from Moderna CEO around current vaccine effectiveness exacerbated Friday’s decline. OPEC with lots to consider on Thursday

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XAU/USD Forecast: Gold Price Plummets After Fed Chair Powell’s Speech

Gold prices fell in early U.S. trading during Fed Chair Powell’s testimony after accepting higher inflation while allowing for the prospect of quicker than expected asset purchases.

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US Dollar Spikes Higher as Fed's Powell Retires Transitory View on Inflation

Fed's Powell Removes Transitory View on Inflation, Signals Faster QE Taper

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USD Breaking News: Consumer Confidence Miss Burns Dollar, Powell Testimony

The dollar continues to fall as measured by the DXY as investors view the dollar through a more dovish lens, while markets eye Fed Chair Powell’s testimony for more clarity.

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Omicron Impact on Markets to Wane | Sentiment Webinar

Trader confidence has been hit hard by the spread of the Omicron variant of Covid-19 but indications that its effect on people is mild should allow stocks and other vulnerable assets to recover.

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USD Buying Picks Up Prior to Omicron Scare, CAD Flips Net Short - COT Report

USD net longs boosted ahead of Omicron concerns. CAD tracking oil lower.

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Gold Price Outlook: Struggling to Break Higher Despite Renewed Risk-Off Sentiment

Gold is back below $1,800/oz. despite a renewed sell-off in risk markets as Moderna CEO warns of potential Omicron vaccine struggles.

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British Pound (GBP) Price Outlook: EUR/GBP Rally May Run Out of Steam

The past week’s rally in EUR/GBP will likely falter soon as concerns about the Omicron variant of Covid-19 recede and a reshuffle of the UK Labour Party’s shadow Cabinet is shrugged off.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...