Tuesday, 3 September 2019

GBP/USD Breaks Down to Flash Crash Lows on Brexit Showdown

GBP/USD is once again under pressure as the Brexit showdown between Tory rebels and the government highlights the current constitutional crisis that is weighing on the currency.


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EUR/USD Technical Analysis: Euro Hits 2-Year Low, May Extend Drop

The Euro has slumped to a two-year low against the US Dollar after the White House appeared to be spoiling for a currency war. Prices are on the precipice of a major breakdown.


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Gold Price Turning Positive, Silver Price Eyes Fresh Highs

The price of gold looks set to return to its recent high as markets continue to turn risk adverse on heightened trade war fears. Gold, however is being kept in check by a robust US dollar.


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Monday, 2 September 2019

Stocks Mixed As RBA Leaves Rates Alone, Australian Data Mixed Too

Equities were mostly lower, if not by very much. Australian interest rates remained at record lows. That was as expected, but retail sales disappointed as the current account surged ahead


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Australian Dollar Ticks Up as RBA Holds Key Rate Unchanged

The Australian Dollar probed higher as the RBA kept its benchmark OCR interest rate unchanged at 1 percent and signaled it may not be in a hurry to cut again.


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Gold Prices Limp as Trump Attacks Euro, Stokes Currency War Fears

Gold prices are struggling to capitalize even as US President Trump threatens to escalate trade tensions into a full-blown currency war, with the Euro Area in the crosshairs.


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Iron Ore Prices Slide On Trade War Fears, AUD-Watchers Take Note

Australian Dollar watchers should keep a close eye on iron ore prices. They fell sharply last month, albeit from very high levels


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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.


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FX Week Ahead – Top 5 Events: September RBA Meeting & AUD/USD Rate Forecast

The Australian Dollar will likely be in focus to kick off the trading week as forex traders turn to the September RBA meeting for clues on where the Aussie might head next.


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VIX: Volatility Hints at Next Move in Gold, US Dollar & Stocks

What does the VIX Index, which quantifies market volatility and risk appetitive, reveal about where gold, the US Dollar and equities might head next?


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FX Week Ahead – Top 5 Events: September RBA Meeting & AUD/USD Rate Forecast

The Australian Dollar will likely be in focus to kick off the trading week as forex traders turn to the September RBA meeting for clues on where the Aussie might head next.


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US-China Trade War: The Economies Most at Risk From US Tariffs

The markets are alarmed regularly by the twists and turns in the US trade war with China, with its crucial implications for the world’s two largest economies. Yet many other countries would also suffer from US import tariffs. Here are some of those that would be affected most.


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UK PM Johnson May Call Snap Election, GBP/USD Slammed

GBP/USD has continued to edge lower throughout today’s session, looking to make a test of the 2019 low as a snap election seems inevitable.


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Gold Price Outlook: Will XAU/USD Resume Recent Surge?

Last week Gold lost nearly 0.4% of its value. How could XAU/USD revisit uptrend move?


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How to Trade the Inside Bar Pattern

Learn how to trade the inside bar pattern, which is used by many traders to trade both continuation and potential reversals patterns.


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Weekly Technical Forecast: EURUSD at Multi-Year Lows, Dow Ready for a Break and Volatility Returns

We move into a new trading week and season with critical technical levels under pressure or collapsing. The US indices are on the cusp of volatile but rigid ranges while the Dollar has extended its charge to a fresh multi-year high. Breakouts are likely, but follow through can remain a tripping point if not properly appointed with speculative momentum. Be ready for transition in market conditions.


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Trading Forecast: What Will a Return of Volatility Do to Trade Wars, Recession Fears?

We have closed out the month of August historically one of the most reserved periods of trading for the risk-leaning assets of the calendar year. What we face in September is one of the most heavily traded, volatile and under-performing periods of the year. What will that seasonal shift lead to when we consider the relentless pressure from trade wars, recession fears and monetary policy speculation?


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Japanese Yen Increasingly Bullish, US Dollar Longs Cut - COT Report

Weekly changes in G10 FX positioning sees US Dollar longs once again reduced with speculators seeking haven currencies (JPY, CHF). Euro sentiment to remain bearish ahead of ECB meeting.


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EUR/USD, EUR/JPY Weekly Forecast: Bearish Price Action Continues

At the end of last week, Euro weakened further against US Dollar and Japanese yen. Here are the levels EUR/USD and EUR/JPY could fall to, with the key chart points the pairs traders need to keep an eye on.


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GBP/USD Price Outlook: Rebel MPs Attempt to Block No-Deal Brexit

GBP/USD on the backfoot as political uncertainty and weak manufacturing PMI weighs on the pair. General election risks on the rise.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...