Australian Dollar Forecast: Key AUD/USD Levels to Watch For the Week Ahead

Upside momentum beginning to wane. AUD/USD turnaround would need confirmation from pullback in risks sentiment.

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British Pound (GBP) Latest: GBP/USD Slides Against a Powerful US Dollar

PM Boris Johnson is expected to return to No.10 on Monday as expectations mount that a phased exit from lockdown measures may be announced soon. The FTSE 100 remains rangebound while Sterling is lo...

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Euro May Fall on German IFO Data After Dismal PMI Cascade

The Euro may extend its decline versus the US Dollar if German IFO data amplifies a selloff in EUR/USD after the Eurozone, UK and US all printed alarming PMI figures.

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Crude Oil Prices Up Despite Covid-19 Demand Hit. Production Cuts Eyed

The crude oil markets has seen some fightback as investors hope more producing regions will respond to collapsing demand with much reduced supply.

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Indian Rupee Gains But US Dollar May Rise as Nifty 50 Eyes Virus Risk

Indian Rupee gains on the RBI’s operation twist may be short lived if the haven-linked US Dollar rises as the virus lockdown persists. The Nifty 50 trades within a bearish formation.

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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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USD/MXN Achieves Bullish Breakout, USD/ZAR Tests New Highs

USD/MXN may be on the verge of a bullish spike after it broke a key technical level in a short-term continuation pattern as USD/ZAR tests new highs.

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USD/CAD Rate Breakout Flops Ahead of April High

USD/CAD may trade within a more defined range over the remainder of the month amid the failed attempt to test the April high (1.4298).

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Australian Dollar Stalled as Gilead Virus Drug Trial Disappointed

The Australian Dollar stalled as AUD/USD got caught in resistance after Gilead Sciences coronavirus drug trial disappointed. S&P 500 futures are pointing lower into Friday trade.

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Dow Jones Technical Forecast for the Week Ahead

The Dow Jones lags the Nasdaq and S&P 500 but has climbed nevertheless. If risk appetite continues in the week ahead, the Industrial Average may have to negotiate multiple barriers overhead.

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Australian Dollar Price Analysis: Can AUD/USD Bulls Take on .6500?

AUD/USD has rallied by more than 800 pips in a little more than a month, coming in stark contrast to the bearish theme that had built in Aussie in Q1.

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Euro Forecast: EUR/USD Plunges Below 1.08 as EU Summit Flops

EUR/USD price action spikes lower as the Euro comes under heightened selling pressure in late Thursday trade after EU leaders fail to agree on much needed coronavirus stimulus measures.

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US Dollar Unphased by Weak US PMI Figures

US PMI figures from Markit crossed the wires Thursday morning showing a sharp drop in activity for the US manufacturing and services sectors amid the current COVID-19 pandemic

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EUR/CHF Testing Most Important Level in Currency Markets - US Market Open

Eurozone PMIs plummet, EUR/CHF tests 1.05, Oil pushes higher.

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US Dollar (USD) Uptrend Continues - Beware of Upcoming PMI, Jobs Data

The US dollar is pushing higher on continued investor appetite but data out later today in the US may dampen hunger for the greenback.

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EUR/USD Drops as Eurozone PMI Crash Signals Severe Recession

Flash Eurozone PMI signals severe recession in the Euro Area, eyes on EU summit for fiscal response.

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British Pound (GBP) Latest: GBP/USD Near-Term Outlook Worsens

The prospects for Sterling have deteriorated after news of a huge sale of UK government bonds, and economic data showing higher than expected UK government borrowing.

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Euro Volatility Likely on EU Leaders Summit, Markit PMI Data

The Euro may experience higher-than-usual volatility ahead of the release of preliminary Markit PMI data for April against the backdrop of a critical EU leaders summit.

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Gold Prices Slip as Risk Appetite Revives, Oil Prices Head Up Again

Gold prices saw some profit-booking on their latest strong gains but the $1700 level looks solid. Crude oil prices continued to climb as more production cuts seem likely.

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Yuan, SGD, IDR, MYR, PHP: China-ASEAN FX Price Trends Since 2008

How might the Chinese Yuan trade against ASEAN FX such as the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using data since the 2008 financial crisis?

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