Gold Prices Supported By Hong Kong Unrest, Look to UK GDP

US-China trade hopes continue to cloud the overall backdrop for gold and other haven assets but renewed violence at protests in Hong Kong has seen demand tick up.

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NZD/USD Rate Vulnerable to Reserve Bank of New Zealand (RBNZ) Rate Cut

NZD/USD may continue to give back the rebound from the 2019-low (0.6204) as the Reserve Bank of New Zealand (RBNZ) is expected to deliver a 25bp rate cut in November.

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Weekly British Pound Forecast: UK GDP and Inflation Due; Tories, Johnson Lead Polls Ahead of General Election

Neither the Q3’19 UK GDP report nor the October UK inflation report (CPI) are likely to stir much confidence in the British Pound.

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US Dollar Forecast: MYR, IDR, PHP, SGD at Mercy to Trade News

Trade deal bets kept the Singapore Dollar, Philippine Peso, Indonesian Rupiah and Malaysian Ringgit afloat despite US Dollar strength. This is the key fundamental driver for ASEAN FX.

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Oil Price Outlook: Brent, SEK, NOK Eye Trade Talks, US CPI

Crude oil prices, NOK and SEK may rise if Donald Trump’s speech on trade war developments amplifies market buoyancy against the backdrop of critical US CPI and retails sales data.

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AUD/USD Analysis: Monthly Opening Range Casts Bearish Outlook

The monthly opening range brings the downside targets on the radar for AUD/USD as the exchange rate pullbacks ahead of the October-high (0.6930).

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US Dollar Attracts Investors as Global Market Mood Improves

The US Dollar enjoyed support from haven demand through most of 2019. Investors may now be attracted by its yield advantage as global market mood improves.

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Canadian Dollar, British Pound Outlook Bearish as Week Starts

The Canadian Dollar may extend declines after a disappointing jobs report fueled the USD/CAD uptrend. The British Pound may fall after Moody’s downgraded the UK credit rating outlook.

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Trading Forecast: Dollar Rally Conflicts with Dow’s on Trade Wars, Watch Euro, Pound and Kiwi Ahead

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Gold Price Forecast: Fundamental Analysis Highlights Further Volatility

It has not been a good week for gold bulls with the price of the precious metal down around $50/oz. over the week as risk assets benefit from a strong market bid.

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US Dollar Outlook Bullish on CPI, Fed Comments, Trade Talks

The US Dollar may rise in the week ahead if US CPI and retail sales data cool the need for Fed rate cuts against the backdrop of improving US-China trade talks.

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Oil Price Outlook Mired by Rising US Inventories and Record Output

The price of oil pulls back from the weekly high ($57.88) despite signs of a looming US-China trade deal, with the outlook for crude mired by signs of growing supply.

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Australian Dollar Could Gain if US-China Trade Hopes Hold Up

The Australian Dollar could remain quite well supported this week if current optimism around an interim US-China trade accord doesn’t dissipate.

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US Dollar Outlook: USD Implied Trading Ranges for Next Week

USD/JPY, USD/CAD, USD/MXN, AUD/USD, NZD/USD and GBP/USD are the primary US Dollar currency pairs that appear at risk of experiencing heighted volatility next week - USD levels to watch.

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DAX 30 Technical Forecast: Record Highs are in Sight

The DAX has enjoyed an incredible run over the last six weeks, taking out multiple levels of technical resistance along the way. Now, record highs are in sight for the German equity index.

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Japanese Yen Price Outlook: USD/JPY Surges to Yearly Open Resistance

The US Dollar ripped into resistance against the Japanese yen this week with price at five-month highs. Here are the levels that matter on the USD/JPY weekly chart.

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USD/JPY Down on Trump Tariff Remarks, Consumer Sentiment Overlooked

This morning's Consumer Sentiment report from the University of Michigan beat expectations which initially sent USD/JPY higher but quickly pivoted lower on President Trump's tariff comments.

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US Recession Watch, November 2019 - Recession Odds Shrink on US-China Trade War Talks

There is less than a 30% chance of a recession hitting the United States within the next 12-months, according to the NY Fed Recession Probability Indicator.

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Canadian Dollar Forecast: USD/CAD Scales Above 1.3200 on CAD Jobs

CAD sellers have come into the mix following this morning's release of Canadian jobs numbers, with USD/CAD pushing up to fresh three-week-highs.

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Canadian Dollar: Loonie Sinks on Weak Jobs Report, Housing

The Canadian Dollar plunged immediately following Canada employment and housing data that just crossed the wires, which is raising the odds that the BOC will capitulate and cut interest rates.

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