NZD/USD Trades to Fresh 2020 as RSI Pushes Deeper Into Oversold Zone

NZD/USD trades to a fresh yearly low (0.5691), with the exchange rate extending the bearish price action from last week as the RSI pushes deeper into oversold territory.

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Euro Bounces as ECB Offers Extra QE on Virus, Will EUR/USD Gains Last?

The Euro rose after the ECB announced extra quantitative easing measures amid the coronavirus. This is just after the US Dollar soared on haven demand. Will EUR/USD maintain its pop?

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AUD/USD Price Forecast: Aussie Falls to 17-Year Low, Where's the Bottom?

AUD/USD suffered another brutal break lower on Wednesday as risk appetite continued to unravel, particularly in commodity-linked markets.

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VIX ‘Fear-Gauge’ Nears Record as Stocks, Oil & Gold Plunge Again

The VIX Index is within striking distance of printing all-time highs as a sustained selloff in stocks, oil and gold send cross-asset volatility measures skyrocketing due to deepening coronavirus co...

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Dow, S&P Slammed as Treasuries, USD Show Violent Gyrations

Global markets remain in disarray and little looks certain, other than the fact that the trove of stimulus already launched is not yet enough to arrest the declines.

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Nasdaq 100 Forecast: Bulls Look to Hold Support as Index Turns Lower

The Nasdaq 100 will look to hold above support that has become crucial in warding off further losses, but volatility remains significantly above historical averages.

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US Dollar Forecast: DXY Above 100 as USD Surges Despite Fed Action

The DXY Index soars past the 100.00 mark to notch its highest reading since April 2017. Amid deepening coronavirus woes, will US Dollar dominance endure despite dovish Fed measures taken?

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US Dollar Rises, British Pound (GBP) Drops to 1985 Low, London Set for Lockdown - US Market Open

US Dollar is king as panic selling persists. GBP/USD hits 1985 low as coronavirus is expected to put London on lockdown.

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Euro Struggles to Hold EUR/USD 1.1000 Against a Rampant US Dollar

The ECB needs to come back to the table with new measures to help restore confidence against a wide range of assets. EUR/USD has another foe, a surging US Dollar.

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DAX 30, Euro Stoxx 50 Outlook: Europe Heading Towards a Recession

Coronavirus spread to push Europe into a recession. DAX at risk of deeper retracement. Euro Stoxx 50 Eyes 2000 Level

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Crude Oil Price Crushed to a 17-Year Low as Global Recession Fears Grow

US crude oil's slump continues and currently trades around $26/bbl. as the coronavirus pandemic destroys global economic activity.

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British Pound (GBP) Latest: Sterling and FTSE Weakness Set to Persist

The flight from UK assets continues on fears that the economic impact of the coronavirus pandemic will outweigh attempts by the UK Chancellor to mitigate its effects.

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Euro Outlook Bleak as Eurozone Governments Shut Down Borders

The Euro may face additional selling pressure after key German data sent a chilling message as the European Union closes its borders to contain the coronavirus.

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Crude Oil Price War, Coronavirus Fears Put 4-Year Low in Focus

Crude oil prices were steadier through Asia’s Wednesday but have still been in effective free-fall this month as the coronavirus and its attendant Saudi/Russian price war take a toll.

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Can Coronavirus Helicopter Money Bring Markets Back to Life?

Investors in stocks, commodity currencies and energy have been praying for a massive fiscal bazooka to combat the virus effects. It looks like they’re going to get it.

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Gold Price Rebounds from Key Price Zone as Fed Deploys Credit Facility

The price of gold attempts to retrace the decline from earlier this month as the Federal Reserve establishes a Primary Dealer Credit Facility (PDCF).

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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AUD/USD Rate Clears 2008 Low Ahead of RBA Announcement

AUD/USD takes out the 2008 low (0.6006) and the exchange rate may continue to exhibit a bearish behavior as the Relative Strength Index (RSI) sits in oversold territory.

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USD/CAD Rises Towards 2016 High. Dollar Rallies and Crude Oil Falls

The Canadian Dollar and crude oil prices are approaching their weakest points since 2016 amid the coronavirus outbreak. The US Dollar soared on haven demand and may continue gaining.

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NZD/USD Price Outlook: Fiscal Response Boosts Kiwi, Can it Rally?

The Kiwi enjoyed a boost yesterday after the New Zealand government offered a significant fiscal response that helped soothe fears regarding the country’s economy, but gains may be short-lived.

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