CAD Outperforms as Crude Oil Soars, AUD Down Under on RBA Rate Cut Risk - US Market Open

Brent and WTI crude futures surge higher, Canadian Dollar the notable beneficiary, while soft Aussie jobs fuel bets on another RBA rate cut.


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US Dollar Price Outlook: USD Bounce Runs into Resistance

The US Dollar came into the month of June screaming-lower, but has since found support. Next week's FOMC looms large, will buyers be able to hold the bid?


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S&P 500, DAX Outlook: Fed and ECB Pivotal to Short-Term Price Action

Calls for the Fed to loosen policy have grown louder and louder, while markets don’t believe the ECB has the fire power to protect against a downturn.


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Gold Price Outlook Boosted by Renewed Political Risk, Oil Tanker ’Attack’

Gold is on the move higher Thursday after two oil tankers were damaged in an incident in the Gulf of Iran.


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USD Held Support, Now What? EURUSD, GBPUSD, AUDUSD, USDJPY Charts

The USD index is coming off support, but it is still unclear as to whether it will hold; there are charts of varying biases in several of the major pairs.


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USD/CAD Price – Bearish Sentiment May Continue on a Break Below the Weekly Low

Bearish momentum sent USD/CAD to its lowest level in nearly three months. Here are the key chart points to watch if this bearish bias continues.


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GBPUSD Outlook: Political Risk Hitting Sterling as PM Race Heats Up

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Crude Oil Prices Spike on Possible Oil Tanker Attack in Gulf of Oman

Crude oil prices are sharply higher following an incident in the Gulf of Oman in which two oil tankers are reportedly on fire.


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EURUSD Chart Analysis: Has Euro Trend Turned Higher? Maybe Not.

The Euro appears to have secured a critical topside breakout, but near-term chart positioning warns against committing to bullish follow-through.


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Euro Braces for Finance Minister Meeting, Brexit Risk Rattles GBP

Euro traders will be nervously eyeing the meeting between Eurozone Finance Ministers over how to proceed with Italy while GBP groans in the facing of more Brexit uncertainty.


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Gold Prices Miss Out as Shaky Markets Find Haven in the US Dollar

Gold prices were unable to capitalize as jittery financial markets rediscovered the haven appeal of the US Dollar. More of the same looks likely ahead.


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EURUSD Forecast: Post-ECB Correction Eyes March-High

Recent price action in EURUSD raises the risk for a run at the March-high (1.1448) as the exchange rate breaks out of the bearish trend from earlier this year.


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Nikkei 225 Sinks With Nintendo Shares as ASX 200 Prices Hint Top

The Nikkei 225 dropped alongside Nintendo shares. The ASX 200 may be topping on bearish technical signals. Declines in equities may be ahead after Asia Pacific stocks mostly sunk.


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Japanese Yen Bulls Held At Bay Despite Ongoing US-China Trade Worries

The Japanese Yen has benefitted from the multiple risk events which have this year driven investors back to haven assets. That process has slowed, not stopped


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Dow Takes a Further Step Towards Reversal, EURUSD Reverses from 200 DMA

The Dow and S&P 500 – as benchmarks for risk trends – are making slow steps towards general reversals. With sentiment craving charge for further lift and support drying up, is a further retreat in store?


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AUDUSD at Risk, Australia Jobs Data Underpins Another RBA Rate Cut

The AUDUSD downtrend is in focus after Australia’s unemployment rate missed its 5.1% target, fueling expectations that the RBA may deliver another rate cut relatively soon.


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Lackluster Australia Employment Report to Keep AUDUSD Under Pressure

A 16.0K expansion in Australia Employment may offer little relief to the recent decline in AUDUSD as the RBA appears to be on track to implement lower interest rates.


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Gold Price Outlook: Rally From Fib Support, Gold Nears ’Danger Zone’

Bulls have come back into Gold with aggression, pushing prices towards five-year-highs. But, can that enthusiasm last as longer-term resistance comes into play?


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UK Leadership Contest Timeline: Who Will be the Next UK Prime Minister?

The first vote of the leadership contest will take place on June 13th. As it stands, Boris Johnson is expected the favourite to become the next PM.


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Platinum Price: Bullish Momentum Hinged on a Break Above the Monthly High

Since the start of Jun Platinum has corrected higher. Here are the key chart points to watch.


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