Euro Outlook Bearish vs USD on Powell Testimony, Fed Speak

EUR/USD may extend its decline if Fed Chairman Jerome Powell reinforces the central bank’s wait-and-see approach to policy despite concerns about the impact of the coronavirus.

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Crude Oil Prices Gain As Risk Appetite Holds Up After Fed's Powell

Crude oil prices were higher on Tuesday as US stock gains and an upbeat assessment from the Fed Chair found investors more sanguine that coronavirus may have a limited global impact.

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Bearish EUR/USD Behavior to Persist as RSI Flirts with Oversold Zone

EUR/USD bounces back from a fresh monthly low (1.0891), but the bearish price action from the start of February may persist as the RSI flirts with oversold territory.

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US Dollar May Fall vs Swedish Krona on Riksbank, Powell Report

Technical cues are hinting at a bearish correction for USD/SEK ahead of the Riksbank rate decision and Fed Chairman Jerome Powell’s second congressional testimony.

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Gold Price to Take Cues from Coronavirus News Following Fed Testimony

Developments surrounding the coronavirus may have a greater influence on the price of gold amid the limited reaction to the Fed testimony with Chairman Jerome Powell.

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New Zealand Dollar Spikes Up As RBNZ Holds Rates As Expected

The New Zealand Dollar got a lift as interest rates remained on hold at record lows. This had been expected, but the RBNZ is not above springing surprises.

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Canadian Dollar May Gain as USD/CAD Stalls, NZD/USD Eyeing RBNZ

The Canadian Dollar rose against the US Dollar despite some weakness in crude oil prices. USD/CAD may turn lower as the NZD/USD faces the upcoming RBNZ interest rate announcement.

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Australian Dollar Price Outlook: Aussie Bears Stalls- Reversal Risk

Australian Dollar is attempting to snap a six-week losing streak after rebounding off support at multi-year lows. Here are the levels that matter on the AUD/USD charts.

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Bitcoin Price Forecast: BTC/USD Charges Past $10,000, Can it Continue?

Bitcoin charged past the psychologically significant $10,000 mark on Tuesday as bulls continue to push the largest cryptocurrency by market cap higher. Where will the coin head next?

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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

US Dollar bulls have come rushing back so far in 2020 trade, and a series of USD drivers remain the calendar for the rest of this week.

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Nasdaq 100, S&P 500 Forecasts: Record Levels Remain in Focus

The Nasdaq 100 and S&P 500 waded into new territory on Tuesday which will see prior resistance turn to support and potentially provide assistance if bearish price action emerges.

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US Dollar Runs into Resistance Ahead of Powell: GBP/USD, USD/JPY

The US Dollar has been a runaway freight train so far in February. Chair Powell trots up to Capitol Hill today, will he feed the beast even more fuel?

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EUR/USD, EUR/JPY, AUD/USD Technical Outlook & More

The Euro is quickly approaching a big test, while Aussie sits with little interest yet at a big support level; FX charts and levels.

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Market Sentiment Positive as Virus Fears Recede | Webinar

Trader confidence is improving on hopes that the coronavirus outbreak may be close to its peak. However, the dominant theme in the markets is becoming the persistent strength of the US Dollar.

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Gold Price Outlook: XAU/USD Continues to Struggle with Conflicting Forces

Gold remains stuck in a short-term trading range as coronavirus fears battle with a strong US dollar to take control of price action.

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UK Economy Stagnates in Q4 as Manufacturing Production Continues to Struggle

The UK economy did not grow in the 4th quarter of 2019, but monthly growth seems to be heading in the right direction.

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British Pound (GBP) Latest: Still Trending Lower as Brexit Worries Shoppers

GBP/USD has stabilized this week but is still in a downward channel, with Brexit seemingly leading to weak UK retail sales.

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GBP/USD Outlook Ahead of Powell Testimony, UK GDP Data

GBP/USD may fall if Fed Chairman Jerome Powell cools rate cut bets during his congressional testimony after the publication of what could be weaker-than-expected UK GDP data.

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Gold Edges Lower as Coronavirus Worries Take Back Seat To Stock Gains

Gold prices were a little lower on Tuesday as some US economic optimism filtered through to Asia. However the coronavirus spread still casts a long shadow over markets.

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USD/CAD Rate Susceptible to Textbook RSI Sell Signal

USD/CAD may face a larger pullback over the coming days the Relative Strength Index appears to be on the cusp of flashing a textbook sell signal.

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