New Zealand Dollar Braces as Emerging Markets, Stocks Vulnerable

New Zealand Dollar weakness could pick up pace as emerging markets and stocks still look vulnerable. It eyes Brazilian elections, IMF world economic outlook and perhaps trade wars.


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Asian Stocks Mostly Wilt As Treasury Yields Rise, Payrolls In Focus

The prospect of perhaps substantially higher US interest rates made the going tough for Asia Pacific stocks, although some indexes managed gains


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Growth at Risk: Trump Trade Wars Echo Smoot-Hawley Tariff Act

US trade policy in 2018 is worryingly similar to the 1930 Smoot-Hawley Tariff Act. Protectionism decimated global trade and growth at that time. Will it do it again?


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Dollar Rally Wavers Just after EURUSD’s Break and Before NFPs

Both the US Dollar and equity indices have suffered a notable technical slide this past session. Are we facing a seismic slide in yield advantage and risk trends or is this simply preparation for Friday NFPs?


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AUD/USD Technical Analysis: Aiming Below 0.70 After Support Break

The Australian Dollar resumed the down move against its US counterpart, with prices now poised to make their way below the 0.70 figure.


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Nikkei 225 May Echo S&P 500 Fall as Yen Gains, Euro Pauses Decline

Market risk aversion, which boosted the Japanese Yen and sunk the Australian Dollar, may echo into Friday’s APAC trading session. Meanwhile EUR/USD pauses its descent to the 2018 low.


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USD/CAD: Will the Sell-Off Continue?

USD/CAD gapped lower following news that the U.S. and Canada reached a trade deal, but will the Dollar sell-off continue?


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AUD/USD Extends Bearish Series Ahead of Australia Retail Sales Report

Recent price action keeps the downside targets on the radar for AUD/USD as the exchange rate extends the series of lower highs & lows from earlier this week.


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Pre-NFP Price Action Setups Across the US Dollar

It's been a busy start to Q4 already as a tinge of risk aversion continues to show across global markets. Tomorrow brings the big data release with Non-Farm Payrolls out of the US.


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Bitcoin Likely to Remain Above 6200 Based on Sentiment

Recent changes in sentiment warn that the current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.


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EUR/USD: Net-Long Traders Flood In Since Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EURUSD-bearish contrarian trading bias.


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Gold: The Mixing of Biases Gives No Clear Direction

The combination of current sentiment and recent changes gives us a further mixed Spot Gold trading bias.


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Preview for September US NFP and Price Action Outlook for US Dollar

Expectations for the headline NFP figure are above +200K following the September ADP Employment and ISM Non-Manufacturing/Services reports.


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NZD/USD Weekly Technical Perspective– Kiwi Testing Key Support Zone

New Zealand Dollar is trading at fresh yearly lows with price now targeting a critical support confluence. Here are the key levels that matter on the NZD/USD weekly chart.


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GBP/USD: Weekly Short Positions Decrease 22% Sparking Bearish Bias

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

S&P 500: Retail Traders Reduce Weekly Long Positions 20%

The combination of current sentiment and recent changes gives us a further mixed Wall Street trading bias.

Gold Price Outlook Mired by Failure to Test August High

The string of failed attempts to test the August-high ($1225) casts a bearish outlook for gold, with the current environment likely to keep bullion under pressure.

GBP Rises as EU Sources Welcome Irish Border Proposal - US Market Open

The Pound is outperforming this morning amid EU source reports suggesting that the new Irish border proposal is a step in the right direction.

US Dollar Strength Unleashed as EUR/USD Tests the 1.1500 Big Figure

So far Q4 has brought an extension of the late-Q3 trends of Euro weakness and US Dollar strength. Tomorrow brings the first NFP release of Q4: Can these trends continue?

AUD Targets 9-yr Low Amid Rising US Yields and Trade War Tensions

For much of 2018 the Australian Dollar has largely been held captive from its Chinese proxy status, which has seen the currency drop 9% against the greenback.