The Bank of Japan: A Forex Trader’s Guide

How does the Bank of Japan's monetary policy impact the decisions of forex traders? Read on to find out.


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US Recession Watch, August 2019 - Dark Clouds Gather Over US Economy

There is a 32% chance of a recession hitting the United States within the next 12-months – but that’s before factoring in the US-China trade war flaring again.


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Why Does the US Yield Curve Inversion Matter?

More volatlity in global financial markets has traders looking for a culprit. The bond market may be guilty.


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GBP/USD & GBP/JPY Stem the Bleeding on Latest Brexit News

Fears of a no deal, “hard Brexit” have subsided, if only temporarily.


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Turkish Lira Price: Will USD/TRY Rally for a Test of the Monthly High?

Last week USDTRY reversed direction at multi-month low. This week buyers maybe on course to take charge. Here are the tech levels traders may need to consider.


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Crude Oil Price Outlook Weakens, AUDUSD Drops, US Yield Curve Sends Warning Signal - US Market Open

Equity markets have been fading yesterday’s trade tariff delay bounce as weak manufacturing data from China, alongside the US 2s10s curve inverting for the first time since 2007 weighs on risk sentiment


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Canadian Dollar Price Outlook: How Far Will the USD/CAD Recovery Go?

USD/CAD put in an aggressive bearish trend in June and early-July, but has seen 50% of that prior move wiped out in a retracement.


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US Recession Watch - Yield Curve Inverts, But Panic When it Steepens

The US 2s10s curve has inverted for the first time since 2007, emphasising concerns of a slowdown in the global economy. Focus now on the Jackson Hole Symposium.


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Gold Price Action at Long-term Resistance Points to Pullback

Gold may still be set up to rally longer-term, but in the near-term it is displaying signs of exhaustion and may be due for a set-back.


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Italian Election Monitor: Italy Crisis to Re-emerge Amid Risk of Snap Elections

Deputy PM Salvini turns his back on the populist coalition as he looks to force a snap election. Widening Bund-BTP spreads likely to highlight the risks surrounding Italy.


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USD/CHF, EUR/CHF Price: Rebounding From the Same Resistance

Last Friday EUR/CHF and USD/CHF closed in the red for the second week in a row. Additionally, since last week buyers have been failing to overcome the exact same levels time and time again. Here are those levels and more to watch


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GBP/USD Price Nudges Higher on UK Inflation Uptick, Brexit Latest

The British Pound (GBP) grabbed a small bid Wednesday as UK inflation edged higher. However, Brexit remains the main driver of the British Pound.


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Crude Oil Price Boosted by Trade Tariff Delay, Technical Support

Brent crude is back above $60/bbl. and sitting near an important technical support level that needs to hold if the market is to push higher.


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GBPUSD Rate Susceptible to Slowing UK Consumer Price Index (CPI)

Updates to the UK Consumer Price Index (CPI) may do little to curb the depreciation in GBPUSD as the headline reading is expected to narrow to 1.9% from 2.0% in June.


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EURUSD May Sink if German GDP Data Spooks Financial Markets

EURUSD may suffer if German GDP data shows that Europe’s largest economy contracted, boosting demand for liquidity amid market-wide uncertainty.


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Gold Prices Eye German GDP Data, Chart Setup Warns of Topping

Gold prices may find some lift in soft German GDP data, but technical positioning warns that a reversal downward may be brewing ahead.


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Asia Pacific Stocks Up On US Tariff Delays, Report Trade Talks Still On

There was plenty of green on regional screens despite ongoing tension in Hong Kong as trade hopes spurred tech exporter names on.


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US Dollar and Yen May Rise on Japan, South Korea Trade War

The US Dollar and Japanese Yen may extend gains if the trade war between Japan and South Korea boosts demand for liquidity, though KRW weakness may be stemmed by FX intervention.


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Dow and Yuan Rally, Yen and Gold Tumble as Trump Stirs Trade Wars Again

Finally, a rebound in risk assets this past session. The White House backed off on its most aggressive trade wars escalation to date Tuesday, but is this enough to alter the course of an unfavorable economic and financial tide?


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Australian Dollar Slides As Chinese Industrial, Retail Numbers Both Miss

There was no cheer for risk sensitive assets such as the Australian Dollar in a Chinese data dump which came up very short of expectations across the board.


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