Gold to Track November Range with US-China to Sign Trade Deal in 2020

The price of gold may continue to track the range from November as the US and China look to sign the Phase One trade deal in January.

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Crude Oil Prices Strong, Look Set For Third Straight Weekly Gain

Crude oil prices are still benefitting from hopes that even an interim trade deal between China and the United States will mean much stronger global energy demand.

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British Pound Outlook Bearish Amid Renewed No-Deal Brexit Fears

Renewed Brexit fears have battered the British Pound and caused EUR/GBP and GBP/USD to spike and plunge, respectively. Both pairs are now approaching key technical levels.

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CAD Price Forecast: USD/CAD, NZD/CAD Rates May Rise on Canada GDP

Near-term Canadian Dollar strength could be at risk to next week’s local GDP report. Technical analysis hints that USD/CAD may turn higher as NZD/CAD maintains its uptrend.

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Swiss Franc Likely to Stay Strong Despite Best SNB Efforts

The Swiss Franc will remain investors’ lifeboat of choice even if the Swiss authorities, and indeed Swiss savers, might dearly like them to pick another one.

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AUD/USD Rebound Undermined by Historical Behavior Around 200-Day SMA

The failed attempt to close above the 200-Day SMA (0.6904) undermines the recent rebound in AUD/USD amid the historical tendency around the moving average.

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GBP/USD Rate Reversal May Accelerate as NZD/USD Price Rises

The British Pound’s descent may prolong, reversing the dominant uptrend in GBP/USD. Ahead, the pro-risk New Zealand Dollar may rise as the anti-risk Japanese Yen weakens.

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Stock Market Forecast: Russell, EM Breakout May Suggest Another Rally

The Russell 2000 and emerging market equities were largely left behind during recent stock rallies, until a US-China phase one trade deal opened the door higher for both stock baskets.

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Canadian Dollar Outlook: USD/CAD Drops to Support, Will it Breakout?

The Canadian Dollar surged against its southern neighbor in December after encountering resistance around 1.3350. Falling to longstanding trendline support, will USD/CAD breakout in 2020?

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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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AUD/USD Bounces Back, GBP/USD Selling Persists - US Market Open

RBA given room to breathe on Australian Jobs data, post-election GBP/USD selling shows little signs of reversing.

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GBPUSD whipsaws as MPC leave rates unchanged and signal economic recovery

GBPUSD attempts a recovery but fails to push higher as the pair continues its sideways trend going into the end of the year.

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Sweden's Riksbank Raises Interest Rates: EUR/SEK Downtrend Remains Intact

The Swedish central bank has lifted interest rates out of negative territory for the first time in nearly five years.

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Brexit Briefing: EU Warning, Queen's Speech, Bank of England and GBP

Sterling continues to hold its ground after an EU warning that a no-deal Brexit would hurt the UK more than the EU; coming up, the Queen’s Speech and a central bank rate decision are unlikely to mo...

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Stocks May Turn Defensive with US Presidential Election Eyed

Global stocks may turn defensive as the calendar turns to 2020 and financial markets turn their attention to the outcome of the US presidential election.

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GBP, SEK, NOK Brace for BoE, Norges Bank and Riksbank Rate Decisions

The BoE, Norges Bank and Riksbank are all announcing their rate decisions, but British Pound, Swedish Krona and Norwegian Krone traders primarily have their eye on one – and it’s not what you think.

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NZD/USD Correction Unravels as RSI Falls Back from Overbought Zone

Recent developments in the Relative Strength Index (RSI) warn of further losses in NZD/USD as the oscillator falls back from overbought territory.

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Gold Prices Gain as Trump Impeachment Takes Over From Trade Worries

Gold prices maintained their bid on news that the US President will become only the third office holder to face trial in the Senate.

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EUR/USD Rate Forecast: RSI Offers Bearish Signal

EUR/USD carves a fresh series of lower highs and lows, with the RSI offering a bearish signal as the oscillator snaps the upward trend carried over from November.

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Australian Dollar Gains. Job Creation Returns to Health, Smashes Forecasts

The Australian Dollar got a boost as November's employment data came surging back to form. The RBA is closely watching this series, strength here may make lower rates less likely.

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