Will China Add Fuel to Risk Aversion? PHP May Face Rate Hikes Next

US yield curve inversion resulted in mixed ASEAN FX as USD fell and global stocks tumbled. Chinese economic activity could slow further, more rate hikes may be in store for PHP ahead.


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NZD/USD Technical Analysis: Kiwi Dollar Down Trend Back in Play?

The New Zealand Dollar may be on the verge of resuming the down trend against its US counterpart after a break of support followed signs of topping below 0.70.


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Asia Stocks at Risk Post S&P 500 Weekly Dive, Yen Prices May Rise

The Canadian Dollar soared, risk aversion lingered as the S&P 500 capped its worst week since March. Asia stocks may fall, boosting the Japanese Yen as US Dollar faces consolidation.


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Euro Weekly Technical Forecast: Bottoming Efforts Under Way in Several Crosses

The Euro has seemingly halted its decline since early-October, setting the stage for bottoming efforts in several EUR-crosses, including EUR/USD.


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Euro Forecast: December ECB Decision to Produce Volatility, Maybe Not Direction

Several competing factors should make for an exciting ECB meeting on Thursday, and as a result, traders should temper expectations for a directional move just yet.


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Weekly Fundamental Forecast:Trade Wars are Heating Up, Brexit Faces a Fork, Fed Intent Blurs

So much for a gentle slide into a quiet end to a tumultuous year. As we head deeper into the month of December, liquidity will continue to drain. However, with such exceptional fundamental risks lurking in the global financial system; volatility remains a constant bedfellow.


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Weekly Technical Forecast: Proximity to Key Technical Boundaries Puts Many Markets at Risk of Breaks

We are facing a market that will have to resolve a conflict of historical norms with structural risks. December is known as a quiet month, but the exceptional consistency in volatility throughout 2018 makes range bounds take on a far more ominous apparenance. Beware surprise breaks.


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Institutions Leave As Market’s Narrative Is Increasingly Government Led

The large drop in the Smart Money Flow Index may be signaling that institutions are stepping out of the market.


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S&P 500, DAX, FTSE Look to Brexit Vote. Trade Wars Remain a Factor

Brexit will be the headline event to watch in the week ahead for equities, but trade wars are ongoing and pose a constant threat.


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US Dollar May Rise on Inflation Data, Shaky European Politics

The US Dollar may find fuel to push higher as CPI data boosts Fed rate hike bets while shaky European politics stoke haven demand.


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USD/JPY to Track October Range as Attention Turns to U.S. CPI

Another batch of lackluster U.S. data prints may spur a further depreciation in USD/JPY as it pushes the Fed to adopt a less-hawkish forward-guidance for monetary policy.


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Gold Technical Outlook: Price Breakout Approaching Initial Targets

A breach above the November range takes gold prices near five-month highs. Here are the targets & invalidation levels that matter on the XAU/USD charts next week.


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GBP: Sterling Traders Bewildered as Brexit Chaos Intensifies

It would be easier to solve a Rubik’s cube wearing a blindfold than it would be to work out the UK’s position on Brexit which seemingly shifts every day. And that is hitting Sterling, making it increasingly difficult to trade with any confidence.


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Technical Forecast for the S&P 500, Dow Jones, DAX 30 & FTSE

Last week was a wild one and next could be too, but volatility may diminish a bit as long as support levels hold.


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Canadian Dollar’s Shifting Sentiment May Boost Short Term Prospects

The Canadian Dollar looks to rebound with major event risk in the rearview mirror and shifting bullish sentiment.


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Dollar Wind Up Threatens to Resolve with a Break Before 2018 Ends

The Dollar’s bullish progress through 2018 has flagged significantly over the past three weeks. The chart looks primed for a break as liquidity fights resolution on a critical move. Yet, volatility suggests not to be complacent.


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OPEC And Friends Production Cut Exceeds Expectations, Crude Rallies

Crude may still finish the year in the red, but OPEC helped to stop the bleeding with a production cut agreement that exceeded market expectations.


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Which Major Faces the Most Risk This Week: Dollar, Euro or Pound

Relative performance is a necessary assessment in the FX market where values are established in one currency versus another. Given global conditions, evaluating the most bearish candidate among the majors is arguably the most productive effort.


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Next Week Starts with Key S&P 500 Support, A Brexit Vote and Fed Speculation

Anticipation for volatility over the coming week is drawn between the comfortable assumption of seasonal norms and the unsettled risk inherent in themes like Fed policy, Italy’s budget fight and the Brexit vote. Be wary of your assumptions for risk.


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GBPUSD Weekly Technical Outlook: Sterling Remains Weak

Both the four-hour and daily GBPUSD chart point to lower prices ahead with a re-test of the 1.2660 low on the cards.


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