US Recession Watch, December 2019 - Recession Odds Down on US-China Trade Deal Hopes

There is less than a 25% 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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US Dollar Ahead of the Fed: EUR/USD, GBP/USD in the Spotlight

Today is a big day for US drivers, and tomorrow shifts focus to the ECB and the UK General Election.

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AUD/USD Rises on Cross Buying, GBP/USD Downside Protection in Demand - US Market Open

AUD benefits from cross related buying in AUD/NZD, while investors take out insurance across GBP/USD losses.

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US CPI Prints at 2.1% vs Expectation of 2.0, Core at 2.3%

US CPI data for the month of November was released this morning and focus now shifts to the Federal Reserve rate decision later today.

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UK General Election Preview: Everything You Need to Know

The UK election is expected to generate significant volatility for GBP/USD. Polls suggest a Conservative majority, which is expected to push GBP/USD higher.

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EUR/USD Forecast - Price Action Waits for Central Bank Double Header

EUR/USD volatility is expected to pick up in the short-term, from its current lowly levels, with the latest monetary policy reports out from the FOMC and the ECB.

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Brexit Briefing: GBP/USD Falls on UK Election Opinion Poll

A YouGov opinion poll ahead of Thursday’s UK General Election has raised doubts about whether the Conservative Party will win an outright majority, possibly delaying Brexit.

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US Dollar May Rise at Expense of Gold Prices on FOMC Outlook

The US Dollar may rise if the FOMC rate decision and outlook for policy in 2020 cools Fed rate cut bets at the expense of anti-fiat hedges like gold.

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Crude Oil Prices May Fall as the Fed Strikes a Cautious Tone

Crude oil prices may weaken while gold gains if the Federal Reserve walks back some of last month’s optimism about US-China trade talks and Brexit risk.

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Gold Price Outlook Hinges on Fed’s Summary of Economic Projections

Developments coming out of the US may sway the near-term outlook for the price of gold as the Federal Reserve updates the Summary of Economic Projections (SEP).

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NZD/USD Rate May Rise as AUD/USD Price Falls on Trader Bets

Market positioning hints that NZD/USD may turn higher as the AUD/USD extends its near-term drop ahead of the Fed, the UK General Election and the December 15 US-China tariff deadline.

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NZD/JPY Technical Outlook: Bearish Correction Ahead?

NZD/JPY may have a bearish correction in the cards as the pair loses upside momentum and approaches a formidable multi-year resistance channel.

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AUD/USD Rate Vulnerable to No Change in Fed Interest Rate Dot-Plot

Little to no change in the Federal Reserve’s interest rate dot-plot may drag on AUD/USD amid the deviating paths for monetary policy.

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US Dollar Bounces on Support, British Pound Sees Selling Pressure

The US Dollar bounced on key support amid broad weakness in the British Pound. The anti-risk Japanese Yen may gain as uncertainty prolongs in US-China, USMCA trade deal bets.

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Fed Meeting Preview: US Dollar Volatile Around FOMC Decisions

Fed meetings are historically associated with above-average volatility in the US Dollar and brings EUR/USD, GBP/USD, USD/JPY, USD/CAD, USD/CHF and AUD/USD price action into focus headed into Wednes...

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GBP/USD: Cable Drops as Conservative Lead over Labor Fades – YouGov Poll

GBP prices dropped from session highs after the latest UK election poll from YouGov showed that the projected conservative majority dropped by 20 seats and raises the risk of another hung Parliament.

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Crude Oil Price May Climb on OPEC Meeting Outcome if Trade War Allows

Crude oil has surpassed its 200-day moving average as it takes aim at $60 a barrel following a bullish decision from OPEC to extend production cuts. Will the move allow for a continuation higher?

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US Dollar Outlook Hinges on FOMC Guidance, Fed Balance Sheet

US Dollar outlook remains focused on the December Fed meeting with forex traders likely directing attention toward updated FOMC projections and commentary from Fed Chair Powell.

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US Recession Watch, December 2019 - Recession Odds Down on US-China Trade Deal Hopes

There is less than a 25% 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 Rallies Alongside Oil Prices - Next Levels for USD/CAD

With energy markets trading higher at the start of the week, the oil-sensitive Canadian Dollar has been able to continue its rebound after last week’s jobs reports.

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