Wednesday, 31 October 2018

AUD/USD Rebound Unravels Ahead of RBA as CPI Report Fails to Impress

The recent rebound in AUD/USD may continue to unravel ahead of the next RBA meeting as the central bank is expected to keep the cash rate at the record-low.


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Dow Puts in 1,100 Point Bounce as a Bearish October Winds Down

US stocks have finally caught a bid, with the Dow rallying by more than 1,100 points from this Monday's low. Will bulls be able to hold the enthusiasm through the November open?


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Beware the GBP/USD Rebound Amid Surge in Retail Long-Interest

The ongoing shift in retail sentiment undermines the recent rebound in the GBP/USD exchange rate as the pickup in volatility sparks a sharp rise in net-long interest.


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GBP Boosted as Brexit Minister Signals Brexit deal by November 21st

The Pound sharply rose to session highs against the US Dollar after Brexit Minister Raab stated in a letter that he will give evidence to Brexit committee when a deal is finalised by November 21st


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USD/CAD Price Outlook: Key Resistance Holds into the October Close

Canadian Dollar has remained rather resilient despite broad-based USD strength. Here are the targets & invalidation levels that matter on the USD/CAD charts this week.


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Bitcoin, Ethereum, Ripple Prices Stuck in a Rut | Webinar

The cryptocurrency market remains in a lull with very tight trading ranges and low volumes. Sentiment remains negative and lower prices look likely.


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US Dollar to Fresh Yearly Highs as Dow, S&P Bounce at Month-End

The US Dollar is continuing to push to fresh yearly highs as markets wind down the first month of Q4. EUR/USD is approaching 1.1300 - can bears continue to push-lower into month-end?


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EUR Eyes Key Support, M&A Flow Curbs AUD Declines - US Market Open

US dollar rose to hit a fresh 16 month high as short-term drivers come into effect. Pound Finds Support on EURGBP unwind.


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DXY Index Ticks Fresh 2018 High; Don’t be Spooked by Rebalancing

October produced scary conditions in financial markets ultimately yielding a stronger US Dollar, giving it its third-best month of 2018.


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Global Markets Recover, However, Risk Sentiment Barometer Remains Fragile

Yesterday saw a notable rebound in US equity markets into the close with the positive sentiment spilling into Asia. However, the “risk on risk off” barometer remains fragile.


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Trading Outlook for Gold Price, Crude Oil, Dow Jones, DAX 30 & More

Gold is sinking towards support levels, crude oil too; global stock markets are trying to find their footing with some testing significant support levels.


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US Dollar Rally on Hold as Jobs Data and Mid-Term Elections Near

The US dollar rally has paused for now after taking various currencies pairs to multi-month extremes. All eyes now on Friday’s US jobs data (NFPs) and next week’s Mid-Term elections.


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Gold & Silver Price Analysis – Looking for More Downside

Gold is trading down towards support tests, while silver breaks a bear-flag and looks headed towards a new cycle low.


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Tuesday, 30 October 2018

Yen Drop May Continue, Euro Likely to Overlook CPI Data

The anti-risk Japanese Yen may continue to fall against a backdrop of improving sentiment. The Euro is unlikely to find lasting cues in regional inflation data.


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Asian Stocks Post Gains To End Sorry Oct, Perky USD In Focus

Asians stock markets were broadly higher but the day’s gains will do little to claw back October’s heavy falls. The US Dollar held up as regional data underwhelmed.


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US, China, Japan - Who Most Wants Their Currency to Drop?

Put to the fire, what are global leaders’ intentions to see their respective currencies ease pressures and even catch a bid on favorable reading? Amid trade wars, valuing credit ratings favorably draws scrutiny.


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Crude Oil Prices May Fall Further on EIA Output, Inventory Data

Crude oil prices may fall further as EIA reports on US energy production and inventory flows amplify the markets’ oversupply concerns.


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USD/SGD Rise at Risk, Last Line of Defense Holds USD/PHP Uptrend

After closing at its highest since July 2017, USD/SGD is overshadowed by a bearish warning sign. Meanwhile, a last line of defense is keeping the dominant uptrend in USD/PHP intact.


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Can Dollar Forge Recovery Despite Trade Wars, Dollar Eyes Key Resistance

The Dollar is on the verge of a technical breakout, but what kind of potential does this chart-based leverage carry? What will the next wave of fundamentals earn for the global markets?


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Australian Dollar Gets Double Data Hit From CPI, China PMI

The Australian Dollar was hit quite hard Wednesday by news that inflation had slipped below the RBA’s target band, while Chinese manufacturing clings to expansion by its fingernails


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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...