GBP/USD, USD/JPY, NZD/USD Technical Outlook & More

GBP/USD is testing support, USD/JPY at risk of further losses, NZD/USD sitting on a 20-yr trend-line; technical developments were discussed today as well.

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G7 Meeting - Will They Announce Coordinated Interest Rate Cuts?

The Group of Seven (G7) finance ministers are taking part in a conference call today to agree how to tackle the economic effects of the coronavirus. And coordinated interest rate cuts may be on the...

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DAX & FTSE 100 Outlook: Potential Coordinated G7 Action to Curb Coronavirus Impact

G7 Finance Ministers and Central Bankers are planning a call to discuss the coronavirus, which will take place from 1200GMT.

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Gold Price Analysis - XAU/USD Painting an Increasingly Positive Picture

The price of gold remains just below $1,600/oz. and may well look to push higher with both the fundamental and technical backdrops looking increasingly bullish.

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British Pound (GBP), FTSE Latest: London Stocks Rally but Sterling Stranded

Hopes that the world’s central banks and governments will stimulate the global economy to counter the coronavirus are lifting the FTSE 100 but GBP/USD remains stuck close to 1.28.

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Euro May Fall on CPI Data as COVID-19 Stokes ECB Easing Bets

The Euro may fall if local CPI data inflames ECB easing expectations as the coronavirus weakens the already-battered Eurozone economy.

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Crude Oil Slips On Worries G7 Coronavirus Response Will Underwhelm

Crude oil prices were initially buoyed by hopes that major industrial economies would co-ordinate action to mitigate the contagion’s effects. A report suggesting that the ultimate statement may fal...

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US Dollar, USD/MYR May Rise After Bank of Malaysia on Epidemic Woes

The US Dollar and USD/MYR may rise after the Bank of Malaysia cuts rates again. Sentiment risks souring emerging market equities on the coronavirus, pressuring the Malaysian Ringgit.

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EUR/USD Rally Sputters as ECB Prepares to Combat Coronavirus

The recent rally in EUR/USD appears to be sputtering ahead of the yearly high (1.1222) as the ECB shows a greater willingness to combat the coronavirus.

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Australian Dollar Cheers RBA Rate Cut Amid Coronavirus Fears

The Australian Dollar got a surprising lift as the RBA took borrowing costs down to a new record low. The market clearly views this as supportive of growth correlated assets, with more global easin...

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NZD/USD Rate Clears 2019 Low as RSI Sits in Oversold Territory

NZD/USD has failed to retain the range from the second half of 2019, with the exchange rate clearing the October low (0.6204) as the RSI sits in oversold territory.

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Canadian Dollar, USD/CAD at Turning Points as Crude Oil Prices Rally?

The Canadian Dollar and crude oil prices may rise on bets of a global coordinated easing effort from central banks to help support growth that is more at risk to the coronavirus.

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Dow Jones Forecast: Stocks Soar as History Suggests Further Volatility Ahead

The Dow Jones soared more than 5% on Monday after suffering its worst weekly decline since 2008 last week. With prospects of rate cuts and other stimulus, can stocks retain their gains?

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Australian Dollar Price Forecast: AUD/USD Rebounds, but Remains Weak Ahead of RBA

The Australian Dollar has rebounded slightly after falling beneath technical support two weeks ago. Still, a serious continuation higher seems unlikely as growth concerns remain and resistance looms.

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Market Volatility Remains as OECD Warns of GDP Slash G7 Officials Plan Meeting

The market has put in for a recovery to last week’s tumble as reports of a G7 finance minister and central banker summit seeds hope to offset OECD’s warning of recession risk in Europe and Japan.

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Historical Volatility: A Timeline of the Biggest Volatility Cycles

Past periods of volatility set historical precedence for traders navigating the markets today. Discover the biggest volatility cycles and spikes ever witnessed.

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Canadian Dollar Price Outlook: USD/CAD Initializes Bullish Break Out

USD/CAD posted a bullish break out last week as it surmounted resistance that had worked to keep the pair contained since August. Now the pair will look to hold above the technical barrier.

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Dow Jones, Gold Prices Fall as Yen Soars on Virus Fears. Where to Now?

Wall Street saw its worst week since 2008 as coronavirus epidemic fears boosted the Yen. Gold prices struggled as crude oil and the Canadian Dollar declined. Looser credit conditions may be ahead, ...

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GBP/USD, EUR/GBP & FTSE 100 Price Outlook - UK Markets Webinar

Sterling remains under pressure as the coronavirus continues to spread. And this week, the EU and UK will start discussions over their long-term trade relationship.

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British Pound (GBP) Latest: GBP/USD Hammered, FTSE 100 Soars as Central Banks Circle

Sterling has opened the week markedly lower after news that the Bank of England is ready to take all steps needed to protect financial stability. The FTSE meanwhile is bouncing back after last week...

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