Retail Shorts Jump 30% as GBPUSD Claws Back from 2019 Low

The recent rebound in GBPUSD appears to be spurring a shift in retail interest as net-short positions jump 30% from the previous week.


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GBP Shrugs at Brexit Drama, Euro Looks to ECB. SEK Braces for CPI

GBP remained relatively indifferent to news that Prime Minister Boris Johnson’s motion for an election was once again defeated. Euro trading may be thin as traders wait for the ECB rate decision.


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Gold Prices May Bounce as Markets Eye ECB Meeting, US CPI Data

Gold prices may bounce after sinking to a four-week low as markets turn cautious ahead of the ECB monetary policy announcement and US inflation data.


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Stocks Mixed. Weak China PPI Inflation Takes Gloss Off Trade Hopes

A clearly more conciliatory tone for US-China trade relations kept the overall equity backdrop quite positive, but Chinese factory gate prices remain weak.


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Crude Oil Prices May Find Support From Escalating Iran Tensions

Crude oil prices may get a boost if Iran-US tensions continue to escalate as Tehran pushes the legal parameters outlined in the 2015 nuclear agreement.


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Dollar Starts Week with Strong Bullish Gap but Limited Hope for Trend Now

We entered the new trading week with a drift higher in the S&P 500 as a baseline for sentiment while the Dollar surged with a gap that held no immediate follow through. Full attention is on flimsy sentiment and an ECB decision.


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AUD/USD Hits Session Low. China CPI Tops Forecasts, PPI Wilts

The Australian Dollar saw a modest ‘risk off’ move in the wake of Chinese inflation numbers which saw consumer inflation stay up while factory gate prices were lower again.


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EURUSD Forecast: Monthly Opening Range on Radar Ahead of ECB Meeting

EURUSD holds the monthly opening range ahead of the ECB meeting, but fresh updates from the Governing Council are likely to alter the near-term outlook for the Euro.


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Australian Dollar Forecast: AUDUSD & AUDJPY Eye Trend Resistance

The Australian Dollar has been on a tear higher so far this month as trade war tensions ease, but how long might the rally in AUDUSD and AUDJPY last?


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Bitcoin Forecast: Price Range Constricts as BTC Awaits Breakout

Bitcoin has posted a series of lower highs and higher lows since mid-June and as technical levels look to strangle price action, BTC may be due for a breakout.


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Bitcoin Price Correlations with Emerging Markets FX: USD/CNH, USD/ZAR Lead the Way

The Chinese Yuan (via USDCNH) has the highest 5-day and 6-month correlations with bitcoin prices among emerging market FX at 0.95 and 0.73, respectively.


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US Dollar Price Volatility Report: GBP/USD Brexit Rally May Stall

The British Pound has soared since printing its recent bottom below the 1.2000 handle, but GBPUSD could whipsaw lower as Brexit risks linger and currency volatility remains elevated.


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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.


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Weekly Trade Levels: US Dollar, EUR/USD, GBP/USD, AUD/USD, Gold & SPX

Webinar highlighting active trade setups we’re tracking into the start of the week. Here are the targets & invalidation levels that matter on the technical charts.


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Weekly Euro Forecast: Rate Cut Due at September ECB Meeting as Growth Stalls

Traders should be on the lookout to see if the “whatever it takes,” Super Mario version of President Draghi shows up at the September ECB meeting this week.


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Dow Jones, Dax 30 Technical Forecast: Prices Eying a Test of Monthly High

Last week the Dow Jones and Dax 30 printed their highest levels in four weeks. Here are the levels traders may need to keep an eye on.


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Gold Price Outlook: Gold Grasps for Support Ahead of ECB, FOMC

Gold prices have pulled back to a Fibonacci support level and continue to catch bids above the 1500 marker as traders await ECB and FOMC rate decisions.


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GBP/USD Shoots Higher, AUD/USD Breaks Resistance - US Market Open

Sterling trading at its best level in 6-weeks against the Euro and US Dollar as Brexit sentiment and UK GDP supports. AUD/USD breaks resistance as global stimulus hopes underpins.


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EURUSD and Pound Attempt Reversal from Multi-Year Lows, S&P 500 Close to Record High

The first week of trade following the transition out of the 'summer doldrums' maintained an elevated clip of volatility but the range of key assets seemed to finally push stubborn ranges. That said, will the Dollar's reversal lower and Pound higher bear fruit into a full-size swing? What about the S&P 500's and Dow's bid for fresh record highs, so close at hand?


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Dow Rises and Gold Falls on Trade War Enthusiasm, ECB Decision Top Event Ahead

Though tentative, market participants latched on to nascent signs that trade war conditions may improve and the threat of recession is not as imminent as many fear. This would be the perfect opportunity for monetary policy to further leverage the uneven swell in sentiment. The ECB will start a run of key policy meetings, but its decision in particular will echo through the markets.


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