Gold Price Gains May Be Capped as US Dollar Haven Demand Returns

Gold prices may struggle to capitalize on soft ISM data stoking global slowdown fears as the US Dollar reclaims support from haven-seeking capital flows.


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Euro Eyes US ISM Data. SEK Braces for Riksbank Rate Decision

EURUSD will be on edge ahead of critical US ISM data while Swedish Krona traders brace for what could be a painful Riksbank press conference following the rate decision.


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Opportunity for S&P 500 Rally to Record, Dollar Recovery Facing Liquidity Wall

We are marching towards the distortion of Thursday’s holiday liquidity conditions. Yet, in the meantime, there is plenty on the docket and in the collective conscious to threaten late stage volatility.


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USDMYR May Reverse Higher as USDINR Extends Downtrend From October

The USDMYR may reverse to the upside after the formation of a bullish candlestick pattern. Meanwhile USDINR, after taking out key support, may extend its downtrend to July 2018 lows.


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USDCAD May Be Major Most Capable of Overcoming Holiday Trade

While the fundamental engine continues to turn, liquidity will soon curb progress for the markets. Few individual assets – much less markets – have any hope of overriding this cap. USDCAD may have a claim.


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Crude Oil Price Outlook Mired by Death Cross Formation

Crude oil prices stand at risk of giving back the advance from the June-low ($50.60) as a ‘death-cross’ formation takes shape.


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NZDUSD Technical Analysis: Is Kiwi Dollar Ready to Turn Lower?

The New Zealand Dollar may be preparing to turn lower after crumbling at chart resistance near three-month highs against its US counterpart.


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AUDUSD Wobbled on China PMI Data as Global Growth Concerns Mount

The Australian Dollar wobbled after Chinese PMI data came in below-expectations, falling in line with this week’s earlier publications of similar data. AUD continues to looks to US-China trade talks.


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EURUSD Rate Pullback Stalls Despite Dovish ECB Forward Guidance

The pullback in EURUSD appears to be stalling even though the ECB strikes a dovish tone as it fails to extend the series of lower highs and lows from earlier this week.


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EUR/USD Rate Drops after Christine Lagarde Nominated Next ECB President

International Monetary Fund Managing Director and Chairwoman Christine Lagarde has been tapped to replace Mario Draghi as the next president of the European Central Bank.


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US Dollar Resistance at Prior Support: EUR/USD, USD/JPY, AUD/USD

The US Dollar is coming off of bearish backdrop in June, but prices so far in Q3 have pushed up for a test of lower-high resistance.


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Gold Prices Proving Resilient During Correction as Gold Volatility Drops

Gold volatility has pulled back significantly in recent days, but gold prices have not fallen as much as the gold volatility contraction would imply.


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Platinum Price Analysis: Buyers Losing Momentum

On Friday, Platinum printed its highest levels in six weeks, however; it showed clear weakness signs after. Here are the key points where the sellers could take charge.


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EURUSD Gains Limited on ECB Sources, GBPUSD Dips - US Market Open

The Pound is broadly weaker across the board, following another round of weak UK data. EUR gains limited as ECB look set to signal further easing is coming at July meeting.


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GBP/USD: Net-Long Positions increase by 10.1% from Last Week

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD bearish contrarian trading bias.


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Crude Oil Price Outlook: Oil Grind Continues at Confluent Resistance

Crude oil prices put in a bullish gap to open this week's trade, but bears quickly came back to push prices back-below confluent resistance.


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Market Sentiment Helped by US-China Trade Truce | Webinar

A possible truce in the US-China trade war is lifting market sentiment. However, it is being offset by a continuing trade dispute between the US and the EU.


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Gold Prices Remain Bullish, Silver Prices May Begin to Outperform Gold

Gold sees a marginal pullback from overbought territory, however, the outlook remains bullish, while silver may start to outperform gold prices on a pullback in the gold/silver ratio.


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Canadian Dollar Forecast: USD/CAD Looking to Re-coup Recent Price Losses - Levels to Watch

USD/CAD lost last month nearly 3.1% of its value. Here are the key technical levels the pair may encounter in the few coming days.


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GBPUSD Drops as UK Construction Sector Collapses, Fear of Q2 Contraction

The UK economy faces rising risks as political uncertainty weighs on growth. Construction and Manufacturing PMIs experience sharp declines. Focus on Services PMI to consolidate a direction


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