Euro Outlook: EUR/GBP, EUR/USD Eye ECB Rate Decision, Eurozone PMI

EUR/USD may fall if ECB commentary and Eurozone PMI data cause capital to flee the Euro and into the open arms of the US Dollar. EUR/GBP price moves may be tempered or exaggerated by Brexit.

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Gold Prices Hold Up As Markets Eye Fed, Oil Prices Pare Gains

All-too familiar concerns dogged the gold and oil markets in Asia, with the prospect of lower borrowing costs adding to reasons to hold the yellow metal.

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AUD/USD Rate Outlook Mired by Failure to Test September High

AUD/USD struggles to extend the bullish price action from last week, with the failed attempt to test the September-high (0.6895) bringing the monthly range on the radar.

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Palladium Vastly Outperformed Gold Prices in 2019. Is it Topping?

Palladium gains have been more than double that of gold in 2019 but global economic slowdown threatens to cool the rally. The chart setup is showing early warning signs.

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Caterpillar's Asia Warning Shows US-China Trade War Now Bites Deep

Macro data from around the world have long attested to the urgent need for a trade settlement between the US and China. Increasingly the corporate numbers are saying the same.

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Oil Price Breaks Out as US Crude Inventories Unexpectedly Contract

The price of oil breaks out of the range-bound price action from earlier this month amid an unexpected decline in US crude inventories.

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Euro, NOK, SEK Brace for Riksbank, ECB and Norges Bank Rate Moves

The Euro, Swedish Krona and Norwegian Krone may retrace some of their recent gains after the Norges Bank, Riksbank and ECB announce rate decisions and outlook on policy.

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Yen May Fall After Tesla Earnings Beat as USD/CAD Eyes 2019 Low

The Japanese Yen may fall ahead if Tesla’s earnings beat fuels risk appetite, boosting the Australian Dollar. Meanwhile, USD/CAD approaches 2019 lows amid gains in crude oil prices.

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US Dollar Price Volatility Report: Fed ‘Not QE’ Grows, ECB on Deck

The US Dollar selloff could resume with the Fed ramping up liquidity and the absence of fresh dovish action by Mario Draghi and the ECB. Also, US Durable Goods data on deck could propel Fed rate cu...

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S&P 500 Technical Analysis as Earnings Season Hits its Stride

The S&P 500 is in the depths of earnings season which has offered significant insight on the index’s constituents, but persistent resistance at 3000 has kept a lid on price gains.

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Euro Traders Beware: EUR Price Volatility & ECB Rate Decisions

ECB meetings typically propel volatility in the Euro. Here's how EURUSD, EURJPY, EURGBP, EURAUD, EURCAD & EURCHF have fluctuated historically and specifically around ECB rate decisions.

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Gold, USD, USD/JPY Ahead of FOMC: Will the Fed Deliver Another Cut?

The Fed meets for the October rate decision next week and markets are primed for a cut. But the context with which that cut is framed remains very important.

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Euro Rally Hits Pause Ahead of Draghi's Final ECB Meeting

Rates markets don’t anticipate any action from the ECB in the first half of 2020, now pricing in the next rate cut coming in September 2020 (53% chance).

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US Dollar Price Outlook: USD Recovery Play – DXY Trade Levels

The US Dollar is on the counteroffensive after plummeting more than 2.5% off the yearly highs. Here are the levels that matter on the DXY weekly chart.

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Geopolitics of Oil: Why Crude and Conflict Are So Closely Connected

Traders often turn to the oil market when looking for an asset to trade during a major political development, a change in the world economic outlook, a new trade dispute or armed conflict.

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GBP/USD Volatility in Freefall, US Dollar Tests 200DMA - US Market Open

Yesterday saw UK PM Johnson reach a majority for the Withdrawal Agreement Bill, something his predecessor failed to do on three attempts.

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WTI Crude Oil Price Outlook: Bear Flag Runs into Resistance

Oil prices came into October riding an aggressive short-side trend into a key zone of support. Since then, digestion, but that may not remain for long.

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Gold Price Testing Support as Merging Trendlines Hint at a Breakout

Gold is currently stuck between two trends and as they merge a breakout from range becomes increasingly likely.

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Brexit Briefing: GBP Price Eases, October 31 Deadline to be Missed

The GBP/USD price is easing back after a rejection of Boris Johnson’s Brexit timetable means the Halloween deadline for the UK to leave the EU is now almost impossible to meet.

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EUR/USD Price: Resistance Remains Firm Ahead of ECB Meeting, PMIs

EUR/USD is drifting lower ahead of Thursday’s ECB meeting after running into solid resistance at the 200-day moving average.

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