British Pound (GBP) Latest: Caught Between Oil Woes and Lockdown Hopes

Sterling and other riskier assets, including the FTSE 100, will likely continue to trade sideways near-term as hopes that coronavirus lockdowns will be eased are offset by continuing turmoil in cru...

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US Dollar May Gain From Risk Aversion if Confidence Data Sours Sentiment

The US Dollar may rise if consumer confidence data reveals how severely the coronavirus pandemic has infected the optimism of the steam engine of American growth.

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Gold Prices Retreat As Hopes For Virus-Lockdown Rollbacks Endure

Gold lost out to riskier assets in Asia as investors still hope that maybe the worst of the pandemic is behind them. That’s a big maybe though and the metal remains near recent highs.

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AUD/USD Preserves Ascending Channel Formation Even as RSI Deviates

AUD/USD continues to track the upward trending channel carried over from March even though the Relative Strength Index (RSI) deviates with price.

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Copper Prices Could Offer Best Coronavirus-Recovery Steer

With oil prices wilting under the weight of their own market dynamics, and stock markets infectiously optimistic, could the key industrial metal be telling an important truth?

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USD/SEK, EUR/SEK Ripe for Bullish Breakout Ahead of Riksbank Rate Decision

The Swedish Krona may fall versus the US Dollar and Euro if the Riksbank rate decision and outlook for the virus-shaken economy accentuates selling pressure in SEK.

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New Zealand Dollar Slips, Ardern's Virus Caution Adds To Risk-Off Tone

The New Zealand Dollar headed lower as its home country’s political leader sounded a solemn note even as the nation declares coronavirus beaten.

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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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USD/CAD Rate Tracks Monthly Range as Federal Reserve Expands MLF

USD/CAD may continue to track the monthly range as the break of the descending channel formation fails to produce a test of the April high (1.4298).

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S&P 500 Forecast Eyes Turning Point? Australian Dollar May be at Risk

The S&P 500 may be at a turning point, leaving the Australian Dollar at risk as markets await key US earnings data. Trump-China comments could cool sentiment during Asia Pacific trade.

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US Dollar Eyes Coronavirus Impact on Consumer Confidence Data

The DXY Index has drifted modestly lower since Friday, but consumer confidence data due for release might rekindle US Dollar strength as economic indicators detail the staggering costs of COVID-19.

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Gold Price Outlook: XAU Confluent Support - FOMC, ECB on the Docket

Gold prices have put in some big moves after a near-15% drop in March led into a 20% rally up to fresh seven-year-highs in mid-April.

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Nasdaq 100 Price Outlook: Levels to Watch Ahead of Big-Tech Earnings

Some of the biggest technology names are scheduled to report their quarterly earnings this week, a string of events that could spark price volatility for the tech-heavy Nasdaq 100.

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Dollar vs Mexican Peso Technical Price Outlook: USD/MXN Rally at Risk

Mexican Peso is down more than 8.6% from the April extremes and takes price into a key resistance zone. Here are the levels that matter on the USD/MXN technical charts.

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Central Bank Watch: Carry Trade Yield Appeal Wiped Out for AUD, CAD & NZD

G10 currencies’ central banks are taking extraordinary measures to stem the economic fallout from the coronavirus pandemic.

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Crude Oil Price Rout Endures, Futures Crash 25% Ahead of GDP

Crude oil prices are retreating to start the trading week with June 2020 futures down nearly 30% as demand woes persist and storage capacity bulges ahead of 1Q-2020 global GDP data reports.

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Markets Week Ahead: Australian Dollar, US Dollar, Dow Jones, Gold Prices

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Weekly Euro Forecast: April ECB Meeting Comes as EUR/JPY, EUR/USD Rates Pressured

Both EUR/JPY and EUR/USD rates are under immense pressure, having made a number of key technical breaks to the downside in recent sessions.

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GBP/USD, EUR/GBP, FTSE 100 Outlooks - Weekly UK Webinar

Encouraging talk that UK PM Boris Johnson is considering partially unwinding coronavirus lockdown measures has booster the British Pound and the FTSE 100. A busy schedule of economic releases and c...

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US Dollar Drop Before FOMC Meeting May Not Last

The US Dollar faces strong selling pressure as the markets hope for more stimulus at this week’s FOMC meeting. They may be in for a disappointment.

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