GBPUSD Rudderless as PM May Loses Control of Brexit

UK PM Theresa May lost control of the Brexit process last night as MPs voted to put forward indicative votes to Parliament on Wednesday.


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EURUSD Price Pushed Lower as German Export Sentiment Crumbles

Business confidence in Germany has ‘clearly deteriorated’ according to the latest ifo Export Expectations, weighing further on an already weak Euro.


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FTSE Technical Analysis – Backdrop Weakens, but Still in Channel

The FTSE took a hit the other day but is still trading within the confines of the bullish channel off the December low.


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Pound Eyes Parliament-Led Brexit Efforts, Yen May Resume Rise

British Pound volatility is likely as the UK Parliament tries to wrest away control of Brexit from the government. The Yen may rise amid renewed global slowdown fears.


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Will US Consumer Confidence Data Extend Asia Stocks Recovery?

Asia Pacific stocks traded mostly higher as recession fears ebbed. The Nikkei 225 has more room left to recover losses. Ahead, will US consumer confidence boost optimism further?


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Gold Prices Eye Diverging US Dollar, Bond Yields for Direction

Gold prices are weighing the conflicting influence of the US Dollar and bond yields to divine direction cues amid worries about a slowdown in global economic growth.


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ASX 200 Technical Analysis: Gradual Decline Brings 6000 Back To Fore

The ASX 200 has slipped a little more gracefully than some developed market indexes as risk appetite wains. Still, important support is now uncomfortably close.


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NZD/USD Technical Analysis: Triple Top Forming Below 0.70 Figure?

The New Zealand Dollar may be setting up a bearish Triple Top chart pattern below the 0.70 figure against its US counterpart. Confirmation of a downturn is still pending.


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Recession Concerns Not Yet a Market Panic, Dollar and Pound Face Struggle

Though risk appetite has not regained traction, averting an avalanche of fear after last week’s recession fixation is likely a relief for bulls. Established troubles have not passed however, so traders should remain cautious.


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S&P 500 Outlook: Dark Clouds Forming Over US Markets

An inverted yield curve, record buybacks and a buyback-blackout period look to cast a shadow over the S&P 500 and other US equity markets.


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GBP/USD Gains, UK Parliament Forces Votes on Brexit Alternatives

GBP/USD gained as UK’s Parliament seized control from May’s government, forcing votes on alternatives to her Brexit deal. The anti-risk Japanese Yen may rise as recession fears linger.


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A Key Yield Curve Inverted, But Should Investors Worry?

A negative spread between the 3-month and 10-year treasury yield has investors wondering whether or not the economy will be entering a recession since the last time this happened was before the 2008 recession.


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Spot Gold Price Chart Shows Parabolic Climb Amid Plummeting Yields

XAUUSD eclipsed the $1,320 price level as investor concern over slowing global growth has led to a collapse in long-term interest rates and another inversion along the US Treasury yield curve.


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Gold Prices Ripe for a Dip While USD/JPY May Preparing to Rip

Gold and silver prices have retraced higher to a pivot level that may drive them lower. EURUSD, USDJPY, NZDUSD looking for support in bullish patterns.


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Euro Price Outlook: EUR/USD Battle Lines Drawn into March Close

Euro is off more than 1.1% from the pre-FOMC high with price now targeting uptrend support. Here are the targets & invalidation levels that matter on the EUR/USD charts.


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Why Does the US Yield Curve Inversion Matter?

With US equity markets recently under pressure, financial news media have pointed to movement in the bond market as the key catalyst.


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GBPUSD: Brexit Latest Pushes Overnight Implied Volatility to Extremes

Spot GBPUSD could skyrocket or plummet over the next 24-hours according to implied volatility priced in to overnight option contracts as the Brexit saga continues.


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USDJPY Forecast: Sentiment Mimics Conditions Prior to 2019 Flash-Crash

USD/JPY extends the series of lower highs & lows from last week, with the pickup in dollar-yen volatility spurring a further shift in retail FX sentiment.


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Weekly Trade Levels for DYX, EUR/USD, USD/CAD, Gold, Oil & More

Webinar highlighting active trade setups we’re tracking this week. Here are the updated targets & invalidation levels that matter on the technical charts.


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FX Week Ahead - Top 5 Events: RBNZ Meeting; Canada & US GDP; German CPI; Brexit Latest

The last week of March sees a lighter economic calendar, but significant data and events loom.


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