New Zealand Dollar May Rise Against USD, British Pound Weakened

The New Zealand Dollar may be reversing against the US Dollar, but fundamental conviction may have to wait for the RBNZ. The British Pound underperformed against its major peers.

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US Dollar Price Volatility Report: USD Eyes Consumer Confidence

USD price action turns to Tuesday's release of US Consumer Confidence data, which may serve as a major source of US Dollar volatility in addition to other high-impact event risk on the docket.

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Australian Dollar Price Outlook: Aussie Drops into Downtrend Support

The Australian Dollar is poised to mark the fourth consecutive daily loss with price now testing support . Here are the levels that matter on the AUD/USD price charts.

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EUR/USD: Euro Wilts on Woeful PMI Data, ECB’s Draghi Speaks

Euro selling pressure is accelerating again after dismal Eurozone PMI data readings point to prolonged economic weakness. Meanwhile, ECB's Draghi gives a testimony to European Parliament.

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GBP/USD, EUR/USD Drops, USD/CAD Rejects Key Resistance - US Market Open

Both the Pound and the Euro have gotten off to a soft start to kick-off the week with the latter weighed by the latest Eurozone PMI figures.

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UK Markets Wait For Supreme Court Ruling, Brexit Update - Webinar

Sterling's recent rally has reversed as traders wait to see if UK PM Boris Johnson's prorogation of Parliament was legal.

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EUR/USD Price Slumps as Germany PMI Data Points to Recession

The Euro broke back below 1.1000 against the US dollar after the latest IHS Markit PMI numbers all but confirmed that Germany is entering a recession.

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Euro May Fall If Draghi Hearing, PMI Data Spooks Markets

EUR/CHF traders will be closely watching a parliamentary hearing where ECB President Mario Draghi will be questioned on monetary policy and his outlook on the economy.

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ASIAN STOCKS NO HEADERS

Asian equity had a scrappy start to the week. Japan was out for holiday leaving markets dominated by the US-China trade story. Oil prices rose as investors mulled restoration of Saudi supply.

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Crude Oil Prices May Fall on ECB Commentary, US PMI Data

Crude oil prices may be pressured lower as ECB President Mario Draghi sounds the alarm on slowing global growth while US PMI data cools Fed rate cut bets.

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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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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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