US Dollar Funding Stress May Be Checked with Fed FIMA Scheme

The Federal Reserve has made a powerful statement about its commitment to shoring up offshore US Dollar funding markets through the coronavirus spread.

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Canadian Dollar, Crude Oil May Fall as Australian Dollar Gains at Open

The Canadian Dollar may fall alongside crude oil prices at market open after the OPEC+ virtual meeting was pushed back. The Australian Dollar may rise as weekend stock futures gain.

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US Dollar Rises, Wall Street Falls. Oil Prices Surges, CAD Gains: Week Ahead

Wall Street edged cautiously lower last week as volatility cooled. The US Dollar soared. Crude oil prices surged in hopes of key output reduction bets, boosting the Canadian Dollar. The onslaught o...

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S&P 500, FTSE 100, Nikkei 225 Forecasts for the Week Ahead

Stock volatility has calmed somewhat despite continued economic uncertainty due to the coronavirus and containment guidelines as major central banks vow to prop up their economies at any cost.

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Euro Forecast: Decision on Coronabonds Critical For EUR/USD Outlook

The coming week could see a decision by the Eurozone nations on whether to issue bonds guaranteed by all of them jointly and severally – a ruling likely to have a major impact on the Euro’s next bi...

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USD/MXN Price Analysis: US Dollar to Mexican Peso Eyes Fresh Highs

USD/MXN recoils back toward record highs as the US Dollar its dominance over the Mexican Peso once again despite a recovery in oil.

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Gold Prices May Fall on FOMC Minutes, Recession & Credit Risks

Gold prices may surrender if the FOMC meeting minutes further reinforce fears about the prospect of a deep, virus-driven recession amid thin liquidity conditions.

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US Dollar May Rebound as Financial Markets Face Global Recession

The US Dollar may rise as financial markets turn to cash amid deepening worries that the Covid-19 outbreak has triggered a global recession.

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S&P 500 Price Sinks as Unemployment Spikes; VIX Index Drops?

The S&P 500 Index finished the week 2% lower as job losses mount amid the coronavirus lockdown, but the VIX ‘fear-gauge’ still dropped. Why is volatility down despite another slide in stocks?

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Australian Dollar at Risk as Markets Eye Third Coronavirus Rate Cut

The Australian Dollar has already seen two RBA interest rate cuts in a month but now markets are looking for a third. If they get it, Aussie rates will be at zero for the first time.

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Canadian Dollar Price Outlook: USD/CAD Coils After Loonie Breakdown

USD/CAD has been a big mover, gaining as much as 10.2% in the month of March. This week, however, saw a range get continually tighter, pointing to breakout potential in the week ahead.

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Dow Jones Technical Forecast for the Week Ahead

The Dow Jones lags the Nasdaq and S&P 500 but has successfully employed nearby trendline support for the time being. Now, bulls will look to use the area as a staging ground to attack higher.

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US Dollar Gyrates on Worse Jobs Report Since 2009

The BLS non-farms payroll report printed -701k for March as COVID-19 drags the US economc towards recession

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USD, USD/CAD, EUR/USD & More: Charts for Next Week

Today we looked at a few charts that could unfold in the week ahead, as well as potential scenarios that might not play out next week but worth keeping tabs on.

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EUR/USD Price Trades sub-1.0800 After Shocking Final PMI Data

The latest IHS Markit PMI data suggests that the Eurozone economy is contracting at an annualized rate around 10% and this is likely to worsen in the coming months.

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Trading the Non-Farm Payrolls (NFP) After Worst Jobless Claims Ever

Alarm bells ringing after worst US jobless claims on record. Calm before the NFP storm in the months ahead.

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British Pound (GBP) Latest: GBP/USD and FTSE 100 Continued Indecision

GBP/USD and the FTSE 100 remain rangebound with little stimulus around to prompt a breakout. The FTSE daily chart is making a bullish short-term set up, but support needs to hold.

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Crude Oil Prices Slip As Doubts Grow Over Saudi, Russia Truce

Crude oil prices saw massive gains in the previous session on hopes that damaging price war might end. A little rethink has set in during Asian hours.

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US Dollar May Rise vs Euro Ahead of NFP and PMI Prints

The US Dollar may rise vs the Euro if NFP and PMI data out of the world’s largest economy sends a flood of capital rushing into the highly-liquid Greenback.

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US Dollar Funding Stress May Be Checked with Fed FIMA Scheme

The Federal Reserve has made a powerful statement about its commitment to shoring up offshore US Dollar funding markets through the coronavirus spread.

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