Markets Brace after a More Hawkish Fed Hike, AUD May Extend Drop

Asia Pacific markets brace for risk aversion after a more hawkish Fed than what speculators expected shocked investors. The Australian Dollar may add to losses on a softer jobs report.


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NZD Extends Selloff on GDP Miss

The New Zealand Dollar decline exacerbated after reporting third quarter GDP that largely missed estimates.


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Federal Reserve Hikes Rates 25-bps at December Meeting

The FOMC's decision to raise rates fell in line with expectations, as did their decision to pare one rate hike off their 2019 expectation.


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GBPUSD Prices May Rise Despite Net-Long Positions

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


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Are Capital Markets Ready To Come off A Cocaine High?

Say goodbye to markets flooded with liquidity. 2018 was the first year that the aggregate balance of central bank asset sheets fell, and evidence shows that volatility may be the norm if this continues.


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EUR/USD: Traders Decrease Their Net-Long Positions

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


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Less-Hawkish Fed Forward Guidance to Fuel EUR/USD Appreciation

The Federal Reserve interest rate decision is likely to shake up the near-term outlook for the U.S. dollar as the central bank is expected to deliver a 25bp rate-hike.


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Crude Weekly Price Outlook: Oil Price Crushed into Support

Oil has collapsed nearly 40% from the yearly high with price now testing critical support. Here are the levels that matter on the WTI weekly chart into the year-end.


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EURJPY Price Challenging Support Line, Losses May Follow if it Breaks

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FX Prices Coiled and Ready for FOMC: EUR/USD, USD/JPY and AUD/USD

Today brings the final FOMC rate decision of 2018, and the wide expectation is that the bank will bring a dovish hike to markets. But how dovish might the Fed be in today's projections?


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EUR Back at Resistance on Italian Budget Deal, CAD Inflation Drops - US Market Open

The Euro is outperforming this morning following reports that Italy and the EU had reached an agreement on the 2019 budget.


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US Dollar Awaits Results of December FOMC Meeting

Expect higher than normal volatility around the last Fed policy meeting of the year.


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Slowing Canada Consumer Price Index (CPI) to Fuel USD/CAD Advance

Updates to Canada’s Consumer Price Index (CPI) may fuel the recent advance in USD/CAD as the headline reading is projected to slow to 1.8% from 2.4% per annum in October.


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EURUSD Price Rises Modestly as EU Reaches Italian Budget Deal

The EURUSD price is continuing its gentle ascent after news that the EU has reached a Budget deal with Italy and publishes its no-deal Brexit plans.


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The History of Forex

From the gold standard to the Bretton Woods System, find out how the Forex market has changed throughout history.


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CAD Vulnerable as Oil Plunge is Set to Drag Inflation Lower

CAD traders will be placing close eye on the latest inflation data at 1330GMT, where it is expected for the headline reading to show a sizeable drop.


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GBPUSD Price Edging Ahead Despite Growing Risk of No-Deal Brexit

The GBPUSD price is continuing to advance, albeit slowly, despite growing talk of a no-deal Brexit and weak inflation data, suggesting some underlying strength in the UK currency.


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Technical Outlook for Dow Jones, Copper, Crude Oil, Gold Price & More

U.S. stocks will look to try and recover from year lows, copper triggered technical break, crude straight down out of a triangle, while gold tries to work its way higher.


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Crude Oil Price: Brent Trying to Rebound from a 14-Month Low

The Brent crude oil price has fallen nearly 9% this week on a combination of global growth fears and record US shale output.


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USD Price Bounce Possible, Dovish Rate Hike Already Priced In

The USD price has now fallen for three successive sessions, implying that a ‘dovish rate hike’ today by the Federal Reserve has been fully priced in and that a USD rally is therefore on the cards.


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