The Australian Dollar took a hit Friday as prices for both consumers and industry were shown to have risen less than expected in January
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Thursday, 14 February 2019
S&P 500 Fails to Close the Gap as Market-wide Risk Aversion Ensued
The S&P 500 struggled closing the gap after dismal US retail sales fueled market-wide risk aversion. This left the US Dollar mixed as equities look increasingly vulnerable.
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Nvidia Stock Price May Spur Nasdaq After Earnings Beat
A few weeks after chip-maker Nvidia lowered guidance for the quarter, the company delivered robust results which spurred a serious climb in share price.
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FX Price Action Setups in EURUSD, USDCHF and the US Dollar
A number of price action setups were discussed in this webinar, with focus around the US Dollar and related pairs.
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Brexit Update: GBPUSD Slips Slightly as PM May’s Brexit Strategy Defeated
The British Pound traded slightly lower following an expected defeat for Prime Minister Theresa May in the House of Commons.
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Sterling Weekly Price Outlook: GBP/USD Breakdown Facing Key Support
A three-week decline in the British Pound has taken price back into critical support at the yearly open. Here are the levels that matter on the GBP/USD weekly chart.
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Oil Risks Range-Bound Prices as Bullish Series Snaps
The failed attempt to test the monthly-high ($55.75) may generate range-bound conditions for crude as oil prices snap the bullish series from earlier this week.
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US Dollar Techs, Fundamentals at Odds; Important Day for Gold
Signs that the US-China trade negotiations have hit a snag plus seemingly inexplicably weak US economic data have the DXY Index working on a doji on Thursday.
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US Dollar Techs, Fundamentals at Odds; Important Day for Gold
Signs that the US-China trade negotiations have hit a snag plus seemingly inexplicably weak US economic data have the DXY Index working on a doji on Thursday.
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DailyFX Poll: Which Successor to PM May Would be Most Positive for GBP?
DailyFX has conducted a Twitter poll to find out which possible successor to UK Prime Minister Theresa May would be the most positive for Sterling. The results were surprising.
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What Does a Forex Spread Tell Traders?
Learn how to calculate the forex spread and what causes it to widen or narrow.
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EURUSD Bounces at Long-Term Support as USD Softens at Highs
The US Dollar is pulling back from another fresh 2019 high, and as seen earlier this week, the big question is how motivated bulls might remain to be.
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USD Drops, Germany Avoids Recession, GBP Looks to Brexit Vote - US Market Open
USD dropped against its major counterparts following the weakest retail sales data in 9-yrs. Germany narrowly avoids recession, while AUD & NZD rise on trade war optimism.
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Key Charts to Watch: Default Buying in USD
Following its largest winning streak in over 2yrs the USD continues to remain king. Having hit a fresh YTD peak, eyes now turn towards the 2018 high.
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Eurozone GDP Growth Slows, Euro Still Under Downward Pressure
Eurozone GDP data for the final quarter of last year confirmed the weakness of the bloc’s economy in late 2018 and that a recovery in EURUSD could still be some way away.
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Brexit News: Sterling (GBP) Eyes Latest House of Commons Clash
UK PM May will go to the House of Commons this evening asking for their support in ongoing talks with the EU, but media reports reckon that the PM will have a rocky ride later.
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EURUSD Price Falls Further as German Narrowly Avoids Reccession
German economic growth flatlined in the fourth quarter of 2018 and narrowly missed plunging the country into a recession, heaping additional downside pressure on the single-currency.
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DAX 30 & CAC 40 Charts: Trading into Resistance of Varying Degrees
The DAX is retesting a long-term trend-line, while the CAC trades into swing levels carved out during the end of last year.
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Euro Eyes GDP Revision, US Dollar May Rise on Retail Sales Data
The Euro is looking to revised Eurozone GDP data having shrugged off disappointing performance in Germany. The US Dollar may rise if retail sales data tops forecasts.
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AUDNZD Looking to Extend Breakdown Below Support
AUDNZD was hit hard yesterday on Kiwi strength, now teetering around support; looking for lower prices in-line with the macro-breakdown in December.
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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...
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The Nikkei 225 has bounced at important long-term support and staged a modest turnaround. However, its down-channel endures and will need to...
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AUD prices remain hesitant ahead of the FOMC announcement later today. US PPI will also contribute to recent economic data. from DailyFX -...