ECB Minutes Show Policymakers Considering Fresh Stimulus, EURUSD Holds Steady

The ECB meeting minutes showed that policymakers took a more cautious view on the Eurozone economy given the persistently soft economic data.


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FTSE 100 Rally Blocked by Sterling Strength and Heavyweight Technicals

The FTSE 100 is struggling to push higher despite a bout of risk-on sentiment. A strong British Pound, driven by positive Brexit sentiment, and important technical levels continue to hold sway.


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Australian Dollar Price Stabilizes After Tumble on China Port Coal Ban

AUDUSD has steadied in Europe after sharp falls in Asia on a report that China’s Dalian port has banned imports of Australian coal.


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AUD Technical Analysis Overview: AUDUSD, AUDJPY, AUDNZD

AUDUSD stabilizing around 0.71 after excessive drop overnight. Crucial support keeps AUDNZD afloat.


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Hawkish vs Dovish: How Monetary Policy Affects FX Trading

Learn the difference between a hawkish and dovish monetary policy, and how it affects currencies.


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AUDUSD & AUDNZD Poised to Resume Lower Soon

AUDUSD is showing a short-term bearish sequence within the context of its longer-term downtrend while AUDNZD is rejected from former support.


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GBP Price Outlook: Bulls Defiant in Face of Brexit, Possible Fitch Downgrade

The British Pound continues to brush aside a lack of progress on Brexit, and even a potential downgrade of the UK’s credit rating, suggesting underlying strength in GBPUSD.


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Euro Looks Vulnerable, US Dollar May Rise on Flash PMI Data

The Euro may be pressured while the US Dollar gains as local flash PMI data paints a picture of divergent economic growth trends.


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EURUSD Price Struggling as PMI Data Warns of Feeble Q1 EZ Growth

The latest set of Markit PMIs show an overall uptick in Europe’s fortune, but the data highlight the ongoing woes in the German manufacturing sector and tepid Euro-Zone growth.


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Gold & Silver Price Charts – Major Long-term Levels to Dent Rally

The recent surge in precious metal prices has significant multi-year resistance of varying degrees in play, seen as likely to lead to weakness.


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Crude Oil Prices Aim to Extend Gains on US-China Talks, EIA Data

Crude oil prices may continue to push higher on signs of further progress in US-China trade negotiations. EIA data showing a smaller-than-expected inventory build might help.


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EUR/USD Vulnerable as Weak Economic Data Compounds Risk in EU

EUR/USD may feel greater downward pressure as European economic data continues to fall short of forecasts in the three largest Eurozone economies.


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AUD/USD Sinks as China’s Dalian Port Bans Australian Coal Imports

The AUD/USD suddenly tumbled after China’s Dalian port indefinitely capped the amount of Australian coal imports. Most Asia Pacific stocks still rose on upbeat US-China trade war news.


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EUR/USD Technical Analysis: Euro Down Trend Ready to Resume?

The Euro may be preparing to turn lower against the US Dollar after yet another test of resistance guiding the dominant decline since January 2018.


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Nikkei 225 Technical Analysis: Mature Uptrend Holds Into New Range

The Nikkei 225 remains well within a respected daily-chart uptrend channel and is now consolidating within a new, significant range.


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Fed and ECB Updates Test EURUSD’s Restraint, Volatility Plumbs Extremes

Monetary policy is once again a critical fundamental theme with the FOMC minutes signaling a floor on QE and the ECB on deck today. Will the two largest central banks trigger a risk move? Will they trigger a EURUSD break?


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SEK Held Steady After FOMC, Floden Speech - Outlook on Riksbank

SEK held steady on Wednesday following key central bank events in the US and Sweden. Riksbank official Martin Floden’s speech provided key insight on Swedish monetary policy in 2019.


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Australian Dollar Surges As Full-Time Job Creation Smashes Forecasts

The Australian Dollar got a boost from a stunning set of official jobs numbers which showed a full-time employment rise more than double market hopes.


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S&P 500 Took Path of Least Resistance on FOMC Minutes, AUD at Risk

The US Dollar was jawboned by risk trends and the FOMC meeting minutes as the S&P 500 took the path of least resistance. AUD/USD may fall on a jobs report after a Doji candlestick.


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Dow Jones Likely to Follow Manufactuers in Thursday Trading

The Dow Jones Industrial Average is poised to track industrial manufacturers like Caterpillar in Thursday’s session following the release of US durable goods orders.


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