Sunday, 22 September 2019

US Dollar May Rise vs. NOK, SEK Ahead of US GDP Data, Trade Wars

The US Dollar may rise against its pro-risk Nordic counterparts if US GDP data cools rate cut bets and US-China trade war tensions escalate as both parties prepare for key talks in October.

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US Dollar ASEAN Outlook Bullish, Trade Deal Hopes Fade, PHP at Risk

The US Dollar may rise against Emerging Market and ASEAN currencies after US-China trade hopes faded, risking regional capital outflows. Meanwhile, the Philippine Peso awaits an anticipated rate cut.

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AUDUSD Rate Outlook Mired by Lower Highs and Lows Ahead of RBA Speech

Recent price action warns of a further decline in AUDUSD as the exchange rate carves a series of lower highs and lows.

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US Dollar, London Increase Currency Market Dominance, Yuan Stagnates

The politics of the US and UK may be starkly divided but their grip on the vast, $6.6 trillion global foreign exchange trade seems as tight as ever.

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Yen May Reverse Versus US Dollar, US-China Trade Deal Optimism Dims

The US Dollar is increasingly vulnerable to reversing against the Japanese Yen after US-China trade deal optimism faded, plunging the pro-risk Australian and New Zealand Dollars.

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Dow, Gold and EURUSD Await Direction from Trade Wars and Recession Fears

Monetary policy was the key theme of the past week with the Fed following in the ECBs footsteps with a rate cut and other extraordinarily dovish authorities held steady in QE and negative rates. Th...

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Dow Jones, DAX 30, FTSE 100, S&P 500 Forecasts for the Week

The Dow Jones and DAX 30 have their respective rate decisions behind them and could grasp for direction amid trade war headlines while the FTSE 100 will wade through continued Brexit uncertainty.

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Saturday, 21 September 2019

Sterling (GBP) Price Forecast: Supreme Court Ruling May Stem Latest Rally

The UK Supreme Court will rule next week if PM Boris Johnson’s prorogation of Parliament was legal or not. A negative ruling would stop the latest Sterling rally in its tracks.

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Euro May Keep Falling on Dovish ECB, Soft Data and Sour Sentiment

The Euro may continue to fall as local data bolsters dovish rhetoric from ECB President Draghi while US-China trade talks and Brexit risk rattle broader sentiment.

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Gold Price Outlook Hinges on Fed Rhetoric, US NFP Report

Fresh comments from a slew of Federal Reserve officials may influence the price of gold as there appears to be a growing dissent at the central bank.

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US Dollar May Rise if US GDP Data, Trade War Risks Spook Markets

The US Dollar may catch a haven bid if US GDP data beats forecasts and cools Fed rate cut bets against the backdrop of fragile US-China trade talks.

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Friday, 20 September 2019

AUD Stuggling But Underpinned By More Robust Risk Appetite

The Australian Dollar took knocks last week from several directions, both foreign and domestic. This week may be better for the bulls, if only a little.

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US Dollar Price Volatility Report: USD Eyes Data, Fed-Speak

US Dollar volatility could be understated in light of several high-impact economic data readings set for release next week, which will be accompanied by US-China trade war headlines and speeches fr...

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Bitcoin Price Chart Forecast: BTCUSD Awaits Pennant Breakout

Bitcoin has maintained a tight trading formation throughout September as the lower and upper bounds of a pennant pattern constrict price action. Now, space is lacking, and a breakout is due.

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US Household Net Worth increases $1.83 trillion for Q2

US Household wealth hits $113.5 trillion at the end of the second quarter of 2019 helped by rising home prices and a growing US stock market.

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Gold Price Targets: XAU/USD Recovery to be Short-lived- GLD Outlook

Gold snapped a three-week losing streak but continues to consolidate just below a critical resistance zone. Here are the levels that matter on the XAU/USD weekly chart.

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75 Years Later, The Lessons of Bretton Woods Have Been Forgotten

The 75th anniversary of the Bretton Woods conference was at the end of July, and the concerns that were present in 1944 are reasserting themselves as significant threats to the global economy in 2019.

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US Dollar Price Outlook: EUR/USD, GBP/USD, USD/CAD, AUD/USD

The September FOMC rate decision is now in the books and, as of yet, nothing has broken. The attention now turns to economic data out of the US.

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Gold Price Slowly Building Bullish Momentum, Silver Price Consolidates

Gold and silver are both inching higher after their recent sell-offs. Both need to consolidate further if they are to re-test recent highs.

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Euro Braces for ECB, Draghi. US Dollar Eyes CPI Data

The US Dollar and Euro will be closely watching ongoing US-China trade talks after President Donald Trump’s advisor gave market’s a chilling message.

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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...