Sterling (GBP) Week Ahead: Brexit, FOMC and NFPs | Webinar

UK PM May’s Plan B will be under the microscope in the House on Tuesday while various amendments will be voted on. In the US the FOMC and the latest US Labour Report (NFP) dominate the second-half of the week.


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EUR Rangebound GBP Dips on Month-End EURGBP Buying

Euro continues to hover around the 1.14 handle, GBP eyes Brexit amendments, CAD pulls back on softer oil prices.


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Euro Forecast: Q4 GDP and January CPI to Underscore ECB’s Concerns

The Euro hit fresh 2019 year-to-date lows following the European Central Bank meeting last Thursday, only to find itself having staved off a soft performance by the end of the week. Upcoming Eurozone GDP and inflation data will underscore the concerns laid out by the ECB last week.


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S&P 500, Dow Jones, and Nasdaq 100 Charts Near Resistance

Major U.S. indices are in an extended state and at or near big resistance levels; how price action plays out soon will be important.


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NZD Technical Analysis Overview: NZDUSD, NZDJPY, AUDNZD

NZDUSD upside stalls at descending trendline, NZDJPY Eyes DMAs, while AUDNZD Fibo support holds for now.


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Gold Price Rallies Ahead of FOMC Meeting, US Q4 GDP Release

The price of Gold broke through the $1,300/oz. a level that has kept the precious metal capped for the last seven-months. Further upside will now depend on events in the US later in the week.


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EURUSD Range Break Unlikely, ECB’s Draghi to Reiterate Policy Stance

The Euro continues to hover around the 1.14 handle with little sign suggesting that the Euro will be on course to break its 1.13-1.15 range.


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Sterling (GBP) Retains a Soft Brexit Bid, Technicals Blocking Upside

Sterling continues to step higher and broke back above GBPUSD1.3200 recently. However, a recent pullback has highlighted resistance at an important technical level.


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Yen and US Dollar May Rise on CBO Outlook Cut, Draghi Comments

The Japanese Yen and US Dollar may rise if the CBO downgrades economic growth bets while ECB President Draghi strikes a worried note in scheduled commentary.


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British Pound in Limbo as Brexit Vote Approaches - What’s Next?

The British Pound may not move significantly until the UK parliament votes on amendments made to British Prime Minister Theresa May’s “Plan B” Brexit plan.


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Asian Stocks Mostly Higher on Trade Talks, Fed Rate Call Also Eyed

Asia Pacific stocks got a boost from hopes for progress in the US-China trade deadlock when a delegation from Beijing goes to Washington this week


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Crude Oil Prices May Pull Back After Venezuela Crisis Stokes Gains

Crude oil prices may turn lower following gains inspired by political turmoil in Venezuela as risk appetite sours across global financial markets.


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US China Trade Deal Bets Has Risks Tilted to Downside for ASEAN FX

ASEAN currencies rose versus the US Dollar as the improvement in sentiment sunk demand for haven assets. US China trade deal bets mean risks for IDR, PHP, SGD, MYR tilted lower.


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USD/SEK May Dip on Sweden’s Trade Data, US-China Talks, EU Peril

The Swedish Krona may fall on January 28 as Sweden prepares to release its Trade Balance. Slower growth in the European region may continue to weigh on economic indicators and the Krona.


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EUR/USD Technical Analysis: Bias Bearish Despite Sharp Upswing

The Euro looks to be resuming the downward trend started in January 2018 against the US Dollar, despite scoring the largest one-day rise in two weeks.


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US Dollar Tumbled as Haven Demand Ebbed, Asia Stocks May Climb

The US Dollar suffered as an improvement in sentiment sapped the appeal of haven assets. Nikkei 225 is still at risk to a bearish reversal as AUD/USD faces near-term resistance.


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Weekly Technical Forecast: Equities Continue to Drive Higher as the Dollar Slides

While broad ranges carved out by markets over the previous three months are still standing, a rise in volatility raises the stakes and probability of significant technical breaks in the coming weeks. With the Dow pushing deeper into its recovery, crude oil extending its reversal pattern and GBPUSD clearing its 200-day moving average; momentum may soon follow volatility.


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Weekly Trading Forecast: Beware Volatility Between the Fed, NFPs, GDP and Trade Wars

The fundamental environment will grow increasingly tumultuous over the coming week. We wil continue to sort through general themes like the lifting of the US government shutdown and ongoing threats of trade war and Brexit. However, we are also coming into high profile, discrete event risk as well like the Fed’s rate decision, NFPs and Euro-area GDP updates.


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Technical Outlook: S&P 500 Trendline Resistance in Focus, FTSE MIB Breaks Double Top

Descending trendline to spark inflection point for S&P 500, while FTSE MIB raises scope of pullback


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Stock Markets Look to Earnings and FOMC, DAX to Eurozone GDP

The US stock market will look to earnings from some of the major corporations like Microsoft, Amazon and Facebook. Elsewhere, the DAX will look to German employment data.


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