Top 5 Events: May RBA Meeting & AUDUSD Price Forecast

The Reserve Bank of Australia meets on Tuesday, May 7 at 03:30 GMT; rates markets are pricing in a 38% chance of a 25-bps rate cut.


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Sterling Technical Analysis: GBP/USD Tests Support at Prior Resistance

The British Pound burst up to monthly highs last week. But this week started with a pull back to support at a prior zone of resistance. Can GBP bulls continue to push?


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Nikkei 225, DAX 30, S&P 500 Gap Lower on US-China Trade War Breakdown - US Market Open

After President Trump revealed an apparent breakdown in the ongoing US-China trade negotiations over the weekend, global indices gapped lower at Monday’s open.


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DXY Index Breakout in Question as US-China Trade War Uncertainty Rages

With the Chinese Yuan having its single weakest day performance since July 2018, signs are pointing to a lack of resolution in the US-China trade war this week.


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Weekly Trading Forecast: Trade Wars and Growth Replace Targeted Event Risk Like the FOMC

While there are a host of key events ahead (UK GDP, China trade, RBA rate decision) will expected progress on trade wars help reestablish a clear course?


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Weekly Technical Forecast: S&P 500, EURUSD, Oil from Tentative Breaks to Tentative Reversals

Little more than a week ago, it seemed that some of the key financial market benchmarks were signaling breakouts to extend critical trends. Now, heading into this new trading week, those same Dollar, US equity and crude oil moves look at serious risk of early reversal.


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Gold Price Fills Gap, Stocks Drop as Trump Bemoans Trade Progress

Risk aversion is showing to start the week, and global stocks are lower after a couple of Sunday tweets from the account of President Donald Trump.


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AUDUSD & AUDJPY at Critical Spots on Charts with Trade War Weighing

The Australian Dollar is trading lower on Trade War escalation, has big support levels in play that if fully broken could go a ways toward bigger moves.


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DAX 30 & CAC 40 Technical Outlook Weakens, More Pressure to Follow

The DAX and CAC recently showed signs of stalling, with sharp breaks in place on gap-downs further weakness looks to be in store...


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NOK, SEK Trading Outlook: Norges Bank, Trade Wars, EU Outlook

The Swedish Krona and Norwegian Krone will be eyeing local economic data and a slew of external risks in the US, Europe and China.


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Yen Aims Higher as Stocks Drop on US, China Trade War Escalation

The Yen soared while Australian Dollar plunged alongside stocks as US President Trump threatened to raise tariffs on China. More of the same looks likely ahead.


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Stocks, Crude Oil Drop in Asia with US-China Trade Talks at Risk

A surprise ratcheting up of trade tensions between China and the US saw Chinese mainboards whacked as a new week got under way.


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USD/MYR and USD/PHP Price Trends Face BNM, BSP and US Dollar Gains

The Malaysian Ringgit and Philippine Peso are eyeing potential rate cuts from the BNM and BSP respectively. Gains in USD/MYR and USD/PHP may be compounded by the Fed and US CPI data.


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Australian Dollar Shrugs At China Service Sector Strength, RBA Eyed

The Australian Dollar market is waiting to see whether record low interest rates will go lower still this week. Some punchy Chinese data failed to grab its attention.


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Crude Oil Prices Sink with Stocks on Trump China Tariff Threat

Crude oil prices sank alongside stocks after US President Donald Trump spooked markets with a threat to increase tariffs on imports from China.


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GBPUSD Uptrend Extends on Pressure for a Brexit Deal, Yen May Fall

GBP/USD surged, heading for resistance amidst pressures in the UK to get a Brexit deal, BoE rate hike bets brewing. S&P 500 gains may translate into follow-through for Asia as Yen falls.


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AUD, NZD, CAD Fall After Trump Tweets New Tariff Threats

Cycle-sensitive assets found themselves in the red early on Monday’s trading session after President Trump tweeted new tariff impositions and threats of additional measures.


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Weekly Technical Forecast: S&P 500, EURUSD, Oil from Tentative Breaks to Tentative Reversals

Little more than a week ago, it seemed that some of the key financial market benchmarks were signaling breakouts to extend critical trends. Now, heading into this new trading week, those same Dollar, US equity and crude oil moves look at serious risk of early reversal.


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Weekly Trading Forecast: Trade Wars and Growth Replace Targeted Event Risk Like the FOMC

While there are a host of key events ahead (UK GDP, China trade, RBA rate decision) will expected progress on trade wars help reestablish a clear course?


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S&P 500, DAX, FTSE 100 Technical Forecast

Further gains in store for S&P 500 as index consolidates above 2900, DAX eyes topside resistance, FTSE 100 meets support.


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