Gold Prices Climb Again As China Coronavirus Cases Surge

Gold and other counter -cyclical assets got new support on Thursday as a new clinical diagnosis method saw a huge spike in cases of coronavirus in Hubei Province.

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Euro Outlook Bearish as EUR/CHF Approaches 5-Year Low

EUR/CHF is on the verge of testing a five-year low with risks of further losses if the pair shatters key support. However, positive RSI divergence may be hinting at a recovery ahead.

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Yen Outlook: USD/JPY Shorts in Focus, AUD/JPY May Fall on Long Bets

The Japanese Yen may fall if equities continue shrugging off fears around the coronavirus, but what is the outlook for USD/JPY and AUD/JPY from a psychological standpoint?

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Australian Markets Suggest Resilience Behind Virus Headlines

The coronavirus struck at a time when markets were looking ahead with more optimism than had been seen for a while. Of course. the contagion has hit that trade, but it hasn’t destroyed it.

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Oil Forecast: RSI Offers Buy Signal Even as OPEC Cuts Demand Forecast

The price of oil may attempt to break out of the monthly range as the Relative Strength Index (RSI) offers a textbook buy signal.

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USD/JPY, AUD/USD, NZD/USD Sink as Coronavirus Cases Surge Nearly 15k

The Japanese Yen soared as China revised the method for counting coronavirus cases, leading to a surge in reports. S&P 500 futures fell alongside USD/JPY, AUD/USD and NZD/USD.

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Canadian Dollar Forecast: USD/CAD Reverses Near Resistance, Will it Continue Lower?

USD/CAD fell this week after the pair approached resistance around the 1.3340 mark. Will it continue lower or can USD bulls regain their footing and probe the levels overhead?

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DAX 30 & FTSE 100 Forecasts for the Week Ahead

The DAX 30 pressed to record levels on Wednesday after breaching various levels of technical resistance. Meanwhile, the FTSE 100 remains a laggard.

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Euro Price Outlook: EUR/USD Spirals into Support– Trade Levels

Euro has been in free-fall since the start of the month with price now testing support just above the 2019 lows. Here are the levels that matter on the EUR/USD charts.

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US Dollar Runs into Resistance; EUR/USD Brewing Potential Bear Trap

It's been a really strong year in the US Dollar so far. But a bevy of drivers are ahead can USD bulls continue to push?

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GBP Better Bid, EUR Slips, Indices Continue to Rally - US Market Open

A relatively quiet session so far with Sterling and all European indices pushing higher, the Euro sliding further, while the cryptocurrency space continues to attract buyers.

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USDMXN: Interest Rate Cut Unlikely to Damage Mexican Peso Attraction

The Mexican central bank is expected to make a series of interest rate cuts this year to help reboot the ailing economy. Demand for the Mexican Peso however should remain strong.

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British Pound (GBP), FTSE 100 Latest: Rising Together as Brexit Row Begins

GBP/USD and the FTSE 100 generally move in opposite directions; now they are climbing together despite the UK and the EU digging in over financial services as Brexit political positioning begins.

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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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