US Dollar Forecast: SGD, IDR, MYR, PHP Eye Earnings Season, China GDP

The US Dollar fell against the Singapore Dollar, Indonesian Rupiah, Malaysian Ringgit and Philippine Peso. All eyes are on earnings season, China GDP and the Bank of Indonesia ahead.

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Gold Price Rally to Persist If RSI Pushes Into Overbought Territory

The price of gold may extend the advance from earlier this month if the Relative Strength Index (RSI) pushes into overbought territory.

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Australian Dollar Outlook Eyes Chart Setup, Crude Oil Looks Past OPEC

The Australian Dollar may rise ahead but AUD/USD trades within a bearish chart pattern. Crude oil prices struggled despite historical OPEC+ output cuts. Japanese Yen at risk ahead.

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US Dollar Eyes Coronavirus Impact on S&P 500 Earnings Season

US Dollar edges lower to start the trading week, but with S&P 500 earnings due, will coronavirus concerns resurface and prompt another cash crush that sends USD price action ripping higher?

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Dollar vs Mexican Peso Price Outlook: USD/MXN Breakout High in Place?

An outside-weekly reversal in the Dollar last week threatens a larger Peso recovery this month. Here are the levels that matter on the USD/MXN weekly technical chart.

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US Dollar, Wall Street, Australian Dollar, China GDP, IMF: Week Ahead

The US Dollar sank and the Australian Dollar rose as the S&P 500 delivered its best week since 1974. More will be revealed about the economic fallout of the coronavirus with earnings season and the...

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Weekly US Dollar Forecast: Unpleasant Week Ahead as Stimulus Arrives

The destruction the coronavirus pandemic continues to lay to the US economy will make itself apparent in the coming days.

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US Dollar Scarcity May Endure Despite Fed's Bold Coronavirus Response

The US Dollar suddenly seems scarce amid the coronavirus outbreak. That threatens short-term financing underpinning global supply chains, despite the Fed’s epic efforts.

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The Singapore Dollar and MAS: What is SGD and How to Trade it?

The Singapore Dollar (SGD) is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it.

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Euro May Fall if Macron Extends France's Virus Lockdown

The Euro may weaken versus the US Dollar if French President Emmanuel Macron announces an extended virus lockdown. Will other EU states echo his policy measure?

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Crude Oil Prices Rise On OPEC Plus Production Cuts, $30 Still Caps

Crude oil prices have certainly gained on news of the biggest production cut yet proposed, but the coronavirus will keep question marks over demand.

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How Do Politics and Central Banks Impact FX Markets?

Foreign exchange – or “forex” – markets often pay close attention to politics and central bank policy. We offer a model for traders to gauge their impact on exchange rates.

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US Dollar Outlook vs SGD, IDR, MYR Hinges on Foreign Exchange Reserves

The US Dollar stabilized versus the Singapore Dollar, Indonesian Rupiah and Malaysian Ringgit as central banks spent foreign exchange reserves amid the virus. Why is this important?

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AUD and NZD Down, JPY Up as Markets Eye Coronavirus Earnings Hit

The Australian and New Zealand Dollars fell while the Japanese Yen rose as a new week started with corporate earnings in worried focus and coronavirus still dominating the news cycle.

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Japanese Yen Outlook Bright on IMF World Outlook, Covid-19 Risks

The Japanese Yen may rise if the IMF’s report on the virus-hit global economy sours risk appetite, and the precarious state of credit markets could amplify JPY’s gains.

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Gold Prices May Stay High as 2008 Crisis Cure Bedevils Covid-19 Policy

Gold prices well-supported as keeping interest rates ultra-low in response to the 2008 global financial crisis proves problematic for fighting the next one, the coronavirus outbreak.

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Canadian Dollar Forecast: USD/CAD Primed for Reversal with Oil

The Canadian Dollar and USD/CAD price action could be due for a reversal as crude oil drops despite an OPEC+ deal and coronavirus recession risk lingers ahead of the Bank of Canada meeting.

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US Dollar, Wall Street, Australian Dollar, China GDP, IMF: Week Ahead

The US Dollar sank and the Australian Dollar rose as the S&P 500 delivered its best week since 1974. More will be revealed about the economic fallout of the coronavirus with earnings season and the...

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Dow Jones and FTSE 100 Forecasts for the Week Ahead

Dow Jones risk rally at risk of fading. Eyes on Chinese GDP with sharp deceleration expected.

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Mexican Peso Outlook Bearish as Virus-Led Recession Risks Swell

The Mexican Peso may face aggressive selling pressure ahead of key US employment data, growing coronavirus cases and the IMF’s outlook on financial stability and the global economy.

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