Monday, 20 January 2020

British Pound (GBP) Latest: GBP/USD Probing Recent Support Levels

GBP/USD is back below 1.3000 and testing support as traders begin to price-in fears that UK-EU post-Brexit trade talks may well be more fractious than first thought.

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China-Sweden Tensions Flare Up: Another Trade War in 2020?

While Sino-US trade jitters are temporarily abating, China-Swedish trade tensions are rising as a part of a political contagion of growing economic hostilities between nations across the world.

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Sunday, 19 January 2020

Gold Prices Still Helped by Interest Rate Prospects Despite Stock Gains

Gold prices rose as a new week got under way. They remain resilient despite a clear rise in risk appetite as the prospect of low interest rates underpins the asset.

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EUR/USD Rate Susceptible to Range Bound Prices Ahead of ECB Meeting

EUR/USD may face range bound conditions ahead of the ECB meeting amid the failed attempt to clear the monthly low (1.1085).

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USD/IDR, USD/MYR, USD/PHP, USD/SGD Fundamental Week Ahead

The US Dollar fell against ASEAN currencies. USD/IDR touched its lowest since February 2018. Bank of Indonesia is ahead as USD//MYR eyes Bank of Malaysia. USD/SGD faces Singapore CPI.

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AUD/USD Monthly Low on Radar amid Muted Reaction to US-China Deal

AUD/USD may continue to give back the rebound from the monthly low (0.6849) amid the muted reaction to the US-China trade deal.

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US Dollar Rose as British Pound Fell, AUD and NZD to Remain Flat?

The US Dollar gained as the British Pound fell on BoE rate cut bets. The S&P 500 set record highs and the Australian and New Zealand Dollars failed to capitalize on this again.

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S&P 500 Hits Record, USD Up. JPY, CAD, EUR Outlook Eye Rate Decisions

The S&P 500 sets record highs but forex volatility remains low. Will the Bank of Japan, the Bank of Canada and the European Central Bank awake the Yen, Canadian Dollar and Euro? The IMF and World E...

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Dow Jones, Nasdaq 100, DAX 30 Forecasts for the Week Ahead

A trade deal signing coupled with a string of earnings from the country’s largest banks saw the Dow Jones drive to new records. Can stocks maintain this pace without further catalysts?

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Saturday, 18 January 2020

British Pound May Fall as Carney, PMI Stoke BOE Rate Cut Bets

The British Pound may fall as swelling Bank of England rate cut expectations take center stage while the ongoing Brexit saga fades into the background.

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Gold Prices May Rise if Davos Forum, IMF Outlook Spur Easing Bets

Gold prices may rise if commentary from officials at the Davos forum kindle easing bets and inflame demand for anti-fiat hedges like the yellow metal. Other key catalysts may also magnify this effect.

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US Dollar Faces Bearish Fundamental Headwinds from the Fed & Trade

Fundamental outlook for the US Dollar remains unfavorable considering the Fed plans to keep inflating its balance sheet while markets grow exuberant and frothy amid an absence of volatility.

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Friday, 17 January 2020

Australian Dollar Propped By Broad Risk Appetite as Jobless Figures Loom

The Australian Dollar will face arguably its most important monthly data release this week, with official labor market stats are due. Sadly, these can be very tough to call.

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Silver Price Forecast: Will XAG/USD Consolidate Further?

After rallying on the back of tensions in the Middle East, silver has moved to consolidate recent gains beneath resistance. Can it break higher, or is further consolidation required?

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US Dollar Strength Continues on Consumer Sentiment

The University of Michigan Consumer Sentiment Index crossed the wires at 99.1 Friday morning, missing expectations of 99.3

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Emerging Markets Crisis Monitor - Seven Factors Traders Should Watch

All currencies are not the same; emerging market FX trades differently than developed market FX.

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USD Outlook: US Dollar at Resistance Ahead of Consumer Sentiment

Consumer sentiment data due Friday shortly after the New York opening bell has potential to weigh materially on the US Dollar as forex traders shift focus away from US-China trade deal headlines.

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Gold Price Outlook: XAU Charges Above Key Level, Can Bulls Maintain?

Gold prices moved in for a re-test of key resistance this morning but, so far bulls have been unable to continue the move.

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Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) - Cryptocurrency Rally Continues

The cryptocurrency rally continues with a swathe of coins making multi-week highs and continuing to paint a positive picture for the sector.

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British Pound (GBP) Latest: UK Retail Sales, Brexit Demands and Sterling Support

The British Pound continues to push slowly higher with all eyes now on the latest UK retail sales data. In the background, the EU and UK continue to prepare for life after Brexit.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...