Market Sentiment Neutral Ahead of US Earnings, Rate Decision | Webinar

Traders are largely staying on the sidelines, waiting for economic data, US corporate earnings and the US interest rate decision at the end of the month.


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European Commission President Vote to be Held Today

Ursula von der Leyen will face a critical round of voting on Tuesday evening where she might fail to gain the support needed to become the next President of the European Commission.


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GBPUSD Price Slumps to Fresh 27-Month Low, No Respite in Sight

GBPUSD fell sharply Tuesday, hitting levels last seen in April 2017, despite slightly better-than-expected UK jobs and wages data. And the charts provide no support as yet.


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USD/CAD Price Forecast: US Dollar Fall Against Canadian Slows Down

On Friday USD/CAD downtrend resumed leading the price, however with less momentum. Here are the most significant levels the pair may encounter in the few coming days.


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Euro Technical Analysis Overview: EURUSD, EURGBP Levels to Watch

EURUSD, EURGBP key levels to watch. EURUSD holding support, while EURGBP bulls push towards critical resistance.


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UK Jobs Data Fails to Cheer Up GBP Pairs, Focus on Carney Speech

Sterling (GBP) continued to sell off on Tuesday as UK jobs data provided a mixed sentiment, pushing GBPUSD and EURGBP towards year-lows and highs respectively.


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Gold Price Nears Sharp Breakout, Silver Price Needs a Driver

The price of gold and silver continue to diverge with the spread between the two nearing a 26-year wide as gold continues to outperform. And the gold chart is looking increasingly bullish.


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GBPUSD Rate to Stage Larger Rebound on Upbeat UK Employment Report

Fresh data prints coming out of the UK may fuel a larger rebound in GBPUSD should the developments instill an improved outlook for growth and inflation.


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GBPUSD Rate to Stage Larger Rebound in Upbeat UK Employment Report

Fresh data prints coming out of the UK may fuel a larger rebound in GBPUSD should the developments instill an improved outlook for growth and inflation.


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EURUSD May Fall if German ZEW Survey Spurs Risk Aversion

EURUSD may suffer if German ZEW survey data shows a deteriorated outlook for growth and induces capital flight from European assets into the US Dollar and Treasuries.


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ASX 200 Looks Consolidative But Record Highs Remain Within Reach

The ASX 200 still looks comfortable close to its record peaks. Momentum appears to be waning a little though and the extent of this bears close watching now


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Gold Prices Struggle Despite Dovish Fed, US Retail Sales Data Due

Gold prices are struggling despite dovish guidance from the Fed. This warns they are vulnerable if soft US retail sales data triggers haven-seeking USD demand.


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Dow Hits Record High on Most Reserved Activity Since December 2017

The Dow has posted yet another record high and yet it still manages to offer up no enthusiasm in the anticipation of its higher probability course. Quiet in its climb seems to draw far more concern than assurance.


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EURSEK Approaching 2-Year Rising Support Channel: Will it Break?

EURSEK appears to be gearing up for another round to retest the 2-year rising support channel after the pair flirted with the lower bound in December 2018.


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S&P 500 Record High and Gold Builds Breakout Pressure Under Growth, Trade Wars

The S&P 500 notched yet another record high to start this new trading week, but the volume and progress on the day did little to alleviate doubts. With growth and trade fears rising, my focus on a true break shifts to gold.


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AUD Steady, RBA Minutes Show Labor Market Still Key Policy Metric

The Australian Dollar market didn’t find much to love or hate in the latest RBA policy meeting account. The jobs market remains crucial to further action.


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AUDUSD Rate to Target May High on Less Dovish RBA Minutes

The Reserve Bank of Australia (RBA) Minutes may fuel the recent rebound in AUDUSD should the central bank tame speculation for another rate cut in 2019.


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Stock Market Outlook: Earnings Season Begins with a Beat

Earnings from Citigroup (C) on Monday morning marked the start of earnings season and beat expectations. As the week progresses, the market is due for a string of heavy hitters which could stoke volatility.


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Oil Price Outlook: Crude Rally Halted at Resistance– WTI Weekly Chart

Oil prices may be at risk after failing to close above a critical resistance zone last week. Here are the levels that matter on the WTI weekly chart.


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New Zealand Dollar Expected to be Most Volatile Currency Amid NZ CPI Report

Short term volatility in NZDUSD jumps amid key NZ CPI report. Money markets currently pricing in additional rate cuts from the RBNZ.


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