AUD/USD Traders to Look Past Fed Testimony as Coronavirus Spreads

Developments surrounding the Asia/Pacific region may influence AUD/USD as China, Australia’s largest trading partner, struggles to contain the coronavirus.

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NZD/USD Technical Bias Bearish, Dow Jones Brushes off Coronavirus

The New Zealand Dollar fell ahead of tomorrow’s RBNZ rate decision, maintaining the near-term NZD/USD bearish technical bias. The S&P 500 and Dow Jones brushed off coronavirus woes.

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British Pound Forecast: UK GDP in Focus – GBP/USD, EUR/GBP, GBP/JPY

UK GDP for 4Q-2019 is slated to cross the wires during Tuesday’s trading session and boosts the potential for volatility in the British Pound – charts and levels to watch for GBP/USD, EUR/GBP, GBP/...

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New Zealand Dollar Price Outlook: NZD/USD and AUD/NZD Levels Ahead of RBNZ

The New Zealand Dollar has continued its slide versus the US and Australian Dollars which has left various technical levels vulnerable and further NZD weakness possible.

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Dow Jones, Nasdaq 100, S&P 500, Gold Price Outlook: Eyes on Fed Repos

The Dow Jones, Nasdaq 100, S&P 500 and gold prices rallied in 2019 on US-China trade deal bets and a swelling of the Fed’s balance sheet. What is the road ahead for 2020 from here?

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Canadian Dollar Price Outlook: USD/CAD Breakout Testing Resistance

Canadian Dollar is off more than 2.7% since the start of the year with price now testing technical resistance. Here are the levels that matter on the USD/CAD charts.

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USD/MXN: Mexican Peso Pressing Resistance Ahead of Banxico Decision

The Mexican Peso trades near 16-month highs against the US Dollar, but spot USD/MXN price action could be at risk of reversing higher ahead of an expected Banxico interest rate cut due this week.

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Gold Grinds at Resistance, Bitcoin Tests Above 10k to Start Busy Week

Chinese inflation for January printed at an annualized 5.4% - the highest level in eight years, as coronavirus fears continue to grip financial markets.

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US Dollar, Dow Jones, Gold Prices, Euro, British Pound: Markets Week Ahead

The S&P 500 and Dow Jones finished on a cautious note as coronavirus fears waxed and waned. The US Dollar gained as the S&P 500 recovered most of its near-term losses. Gold prices trimmed declines....

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GBP/USD & EUR/GBP Prices: Reinforcing Recent Trading Ranges - Webinar

Sterling continues to trade near support as recently defined trading ranges hold for now. Tuesday will see the latest look at the health of the UK economy with a slew of important data prints out a...

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Ripple (XRP) Price Analysis: XRP/USD May Re-Test 2019 High

Ripple continues its recent rally off its December low and the chart now suggests a break of nearby resistance may well open the way for XRPUSD to test the $0.50 level .

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British Pound (GBP) Latest: Sterling Remains Weak Ahead of GDP and Cabinet Reshuffle

The British Pound opens the week below 1.2900 against the US dollar as trader’s set-up for Tuesday’s data deluge, including GDP numbers, and the Cabinet reshuffle at the end of the week.

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USD May Rise on Wuhan Virus Risk Ahead of White House Budget

The US Dollar may rise if fear about the coronavirus boosts demand for haven-linked assets ahead of the White House’s release of the budget for 2021.

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Crude Oil Prices Dip Under $50 as Coronavirus, OPEC Dominate Trade

Crude oil prices slipped beloq $50 only to regain that key psychological point on Monday as investors fretted coronavirus and OPEC’s likely response.

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EUR/USD Halts Losing Streak Ahead of Fed Testimony But Will It Last?

The Fed testimony with Chairman Jerome Powell may undermine the recent rebound in EUR/USD if the central bank head tames speculation for lower interest rates.

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Palladium May Rise with Oil-Linked NOK on Powell Testimony

Palladium prices may rise with the oil-linked Norwegian Krone if Chair Powell’s congressional testimonies strike a positive note on the global outlook kindles risk appetite.

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US Dollar Fundamental Outlook: USD/SGD, USD/MYR, USD/IDR, USD/PHP

The US Dollar may rise if coronavirus fears result in a resurgence in market volatility, sending USD/SGD and USD/MYR higher. This is as growth in the Fed’s balance sheet appears to slow.

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NZD/USD Outlook Mired Ahead of RBNZ as RSI Sits in Oversold Territory

NZD/USD may face a more bearish fate ahead of the Reserve Bank of New Zealand (RBNZ) meeting as the Relative Strength Index (RSI) sits in oversold territory.

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Australian Dollar Ticks Up on China CPI, Virus Headlines Driving

The Australian Dollar rose in the wake of strong Chinese CPI data putting inflation at its fastest pace since October 2011, with large gains in food prices mostly to blame.

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Australian Dollar Closed at 2009 Low, Yen May Gain as Week Starts

The Australian Dollar closed at its weakest since 2009 versus the US Dollar on a revival in coronavirus fears. The Yen may gain if market mood deteriorates as the week gets going.

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