Canadian Dollar Price Outlook: USD/CAD Bounces on Risk Aversion

The US Dollar rose against its Canadian counterpart on Monday as widespread risk aversion spread across capital markets, but longstanding resistance stands narrowly overhead.

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US Recession Watch: Recession Odds Rekindled as Coronavirus Festers

Risk of recession rises following a contraction in US business activity. How might this impact the US Dollar as economic fallout from the coronavirus radiates across the global supply chain?

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USD/MXN Price Analysis: US Dollar Spikes to 11-Week High vs Peso

Spot USD/MXN price action hits an eleven-week high with the US Dollar spiking 3.5% against the Mexican Peso over the last four trading days to test its 200-DMA as coronavirus concerns run rampant.

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Nasdaq 100 Forecast: Stocks Plunge on Coronavirus Fears

Stocks suffered a massive gap lower on Monday as investors express concern over the global spread of the coronavirus. Will stocks continue lower alongside the broader economic impact?

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Coronavirus Crash: FTSE 100, DAX 30 & FTSE MIB Selling Overdone?

Risk sentiment has taken a turn for the worse with global equities coming under heavy selling pressure to begin the week.

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Gold Gap-and-Go Breakout: XAU Fresh Highs as Coronavirus Fear Spreads

US markets are waking up to the fact that Coronavirus may be more than a passing risk, and Gold prices are fully reflecting the fear that's continued to build.

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US Dollar, Euro, Gold, Dow Forecasts & More for the Week Ahead

The coronavirus outbreak and its corresponding impact on global GDP growth outlook will likely linger as a key theme to watch over the coming trading sessions.

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British Pound (GBP) Latest: GBP/USD Levels to Watch, Brexit Focus Returns

GBP/USD under pressure to begin the week with tensions between the EU and UK set to drive price action in the short run as Brexit focus returns

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Euro May Fall if IFO Data Shows COVID-19 Infecting Outlook

The Euro may fall if German IFO data reflects rotting sentiment as panic about the coronavirus continues to spread and further pressures the Eurozone’s growth trajectory.

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Crude Oil Slips as Markets Fret Virus Spread, Chance of Production Cuts

Crude oil markets remained focus on the spread of the coronavirus beyond its origins in China as South Korea increased its alert level in the face of more infections.

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Gold Price Rally Pushes RSI Into Overbought Territory

The price of gold may exhibit a bullish behavior over the remainder of the month as the RSI breaks out of a bearish formation and pushes into overbought territory.

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US Dollar Aims Higher vs NOK on Growth Outlook, Coronavirus

The US Dollar may rise against the Norwegian Krone and Swedish Krona in the week ahead as panic about the coronavirus inflames demand for anti-risk FX at the expense of cycle-sensitive assets.

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USD May Rise as SGD, MYR and IDR Nervously Face Capital Outflow Risks

The US Dollar rose as the Singapore Dollar, Malaysian Ringgit, Indonesian Rupiah and Philippine Peso fell. Emerging market capital outflows and the Fed’s repos are a key risk to the latter.

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AUD/USD Outlook Mired Ahead of RBA as RSI Slips into Oversold Zone

AUD/USD may face a more bearish fate ahead of the next Reserve Bank of Australia (RBA) meeting on March 3 as the RSI slips into oversold territory.

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EUR/USD Bottom Found? Euro and British Pound Outpace US Dollar

The Euro and British Pound rose as the US Dollar fell after a dismal gauge of U.S. business activity. EUR/USD may reverse its near-term downtrend given upside confirmation.

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Japanese Yen, XAU/USD Surge as Stocks Plunge on COVID-19 Risks

The Japanese Yen and gold prices spiked at the expense of cycle-sensitive assets like the New Zealand Dollar and S&P 500 futures as news about the spread of the coronavirus paralyzed risk appetite.

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US Dollar, Euro, Gold, Dow Forecasts & More for the Week Ahead

The coronavirus outbreak and its corresponding impact on global GDP growth outlook will likely linger as a key theme to watch over the coming trading sessions.

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Dow Jones, Nasdaq 100, DAX 30, Nikkei 225 Forecasts for the Week Ahead

Last week saw stocks unravel as some of the globe’s major economies stumbled and coronavirus concerns rampaged. Will stocks continue lower in the week ahead?

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USD/MXN Outlook: Growth to Return to Mexico in 2020

The Mexican economy contracted for the first time in almost 10 years in 2019, but growth is expected to pick up in 2020 according to its finance minister.

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Gold Forecast: Bullion Bid on Recession Risk, Inverted Yield Curve

Gold might extend its advance – even after climbing to its highest level in seven years – as an inverted yield curve rekindles recession fears amid the ongoing coronavirus outbreak.

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