Dovish RBNZ Forward Guidance to Rattle NZDUSD Rate Rebound

NZD/USD stands at risk of giving back the rebound from the monthly-low (0.6482) as the RBNZ endorses a ‘downward bias’ for the official cash rate.


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Japan Trade Hopes Eclipse US-China Freeze, Boosting Asian Stocks

Investors took some time off from worrying about the apparently distant prospect of a US-China trade deal and hoped for a Japanese agreement instead.


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USDNOK Teeters on Edge of 14-Month Support: Will it Bounce or Break?

USDNOK is a whisper away from a possible break below a 14-month support. The question remains whether the pair have enough resolve to bounce back or will it wilt?


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ASX 200 Rides Trade-War Fears Impressively But May Be Tiring

The ASX 200 has risen above the global landscape of diminished risk appetite thanks to one or two cheerful specific fundamentals. Technically however it looks a bit stretched.


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Gold Price Rebound Vulnerable to Upbeat US Economic Data

Fresh developments coming out of the U.S. may drag on the price of gold as the economy shows little to no signs of an imminent recession.


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AUDUSD Chart Analysis: Upswing Expected to Keep Downtrend Intact

The Australian Dollar is aiming higher after finding support above the 0.68 figure but gains are likely to be corrective within the bounds of a broader downtrend.


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Chinese Yuan at 7.00 Barrier: The Most Important Level for Currency Markets

As the trade war escalates between the US and China, FX markets are on the lookout as the Chinese Yuan reaches the critical 7.00 handle versus the US Dollar.


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Weekly Technical Forecast: Dow Holds Back from Trend Reversal, Euro and Pound Pulsating

While volatility readings are still remarkably restrained, we are seeing a host of critical markets pressuring or overtaking key technical levels. Whether the Dow’s eyeing 25,200, the Sterling on the verge of reversing its longest tumble on record or looking to leverage its biggest single-day loss of 2019, there is remarkable technical risk and opportunity in our markets


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Weekly Trading Forecast: Trade Wars, Brexit and Risk Trends Threaten Volatility

We are awash in critical fundamental themes unfolding before our eyes. Trade wars is once again proving a loaded theme with severe implications for more than just USDCNH while recession fears and political fractures are creating concerns over the sense of stability in the global financial markets. Beware the volatility ahead.


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Gold Prices at 3-Month Trend Resistance, Trade War News in Focus

Gold prices are testing trend resistance guiding them lower since February. Global trade war escalation risk is in focus at the start of the trading week.


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NOK, SEK May Feel Pain From EU Elections, Trade Talks, US GDP

The Norwegian Krone and Swedish Krona may suffer in the week ahead as European politics and trade talks unfold against the backdrop of slowing global growth trends.


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US China Trade War Worries Drive Asia Markets, Japan In Focus Too

Asian stock markets can look forward to a light week of economic data which will probably keep investor focus stuck firmly on trade, with progress elusive


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PHP Ready to Gain as USD Falls with Crude Oil? ASEAN FX Eye US Data

The US Dollar looks vulnerable, with the Philippine Peso ready to take full advantage amidst declines in crude oil prices. China PMI, US data and trade talks are on tap for ASEAN FX.


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USDJPY Rate Defends Monthly Low Despite Growing Bets for Fed Rate Cut

USD/JPY fails to clear the monthly-low (109.02), with the exchange rate at risk of facing range bound conditions going into the end of May.


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Euro Steady on European Election Results, But for How Long?

The Euro has remained steady so far as the results of the European Parliament elections come in, though the risks associated with a fractured legislature may just be lying dormant.


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Did AUDUSD Bottom? GBPUSD Wobbled as UK PM Resigned Amidst Brexit

AUD/USD may have bottomed after the US Dollar extended its weakness into a second day, GBP/USD wobbled as UK PM Theresa May resigned. Euro eyes EP Election results in thin trade.


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Weekly Technical Forecast: Dow Holds Back from Trend Reversal, Euro and Pound Pulsating

While volatility readings are still remarkably restrained, we are seeing a host of critical markets pressuring or overtaking key technical levels. Whether the Dow’s eyeing 25,200, the Sterling on the verge of reversing its longest tumble on record or looking to leverage its biggest single-day loss of 2019, there is remarkable technical risk and opportunity in our markets


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Weekly Trading Forecast: Trade Wars, Brexit and Risk Trends Threaten Volatility

We are awash in critical fundamental themes unfolding before our eyes. Trade wars is once again proving a loaded theme with severe implications for more than just USDCNH while recession fears and political fractures are creating concerns over the sense of stability in the global financial markets. Beware the volatility ahead.


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US Dollar Forecast: Can Volatility Rise Alongside Trade Weighted USD?

A sharp turn lower in the US Dollar may provide a short reprieve to the strangling of a strong US Dollar on the global economy, but the long-term trends continue to favor a stronger US Dollar Index.


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S&P 500, DAX 30 and FTSE 100 Fundamental Forecast

The S&P 500, DAX 30 and FTSE 100 fell under renewed pressure from the US-China trade war last week, but the week ahead could see investor concern shift to global growth.


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