Apple and Amazon Earnings Highlight Detachment from Real Economy

Apple and Amazon reported earnings Thursday afternoon, rounding out the list of the largest technology stocks in the country. Despite their strong performances, both highlighted coronavirus risks.

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Japanese Yen May Rise as CLO Market Faces Credit Downgrades

The Japanese Yen may rise if a tidal wave of credit downgrades in the virus-shaken collateralized loan obligation (CLO) and leveraged loan market put a premium on anti-risk assets.

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EUR/USD Breakout Following ECB Meeting Brings April High on the Radar

EUR/USD may continue to retrace the decline from the April high (1.1039) as the exchange rate breaks out of a narrow range following the ECB meeting.

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Dow Jones Forecast Bleak as Trump China Tariff Threat Boosts US Dollar

The Dow Jones may fall which could support the US Dollar after President Donald Trump warned of possible tariff retaliation against China for their handling of the coronavirus.

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Euro Stoxx 50, IBEX Price Forecasts: Bulls Eye Trend Higher

Bulls look to keep trend higher intact after a weak finish Thursday, despite a relatively dovish ECB.

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CAC 40 Forecast: Index Bleeds Lower Following ECB Meeting

The CAC 40 closed near its session low despite an accommodating attitude from the European Central Bank. Where is it headed next?

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Canadian Dollar Price Outlook: USD/CAD & EUR/CAD Test Support

USD/CAD and EUR/CAD price action respond to critical technical support levels as the Canadian Dollar starts to give back recent gains. Is USD/CAD, EUR/CAD and broader Canadian Dollar primed for a r...

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EUR/USD Stable as ECB Takes Further Action to Boost Eurozone Economy

The European Central Bank has left its interest rates unchanged, as expected, but increased its measures to counter the economic slump caused by Covid-19.

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DAX 30 Outlook: Upside Exhausted, ECB Key for Next Leg

All eyes on ECB as weak Eurozone data places further pressure on Lagarde and Co. to act. DAX Struggling for Direction.

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EUR/USD Remains Under Pressure as Euro-Zone Economic Activity Slumps in Q1

The Euro-Zone economy contracted at a sharper rate than expected data showed, ramping up the pressure on ECB President Christine Lagarde to act further at today’s ECB policy announcement.

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British Pound (GBP) Latest: GBP/USD, FTSE 100 Outlook Still Positive

The recent modest climbs in GBP/USD and London’s FTSE 100 index show no sign yet of reversing as hopes rise of a drug that might help speed recovery from Covid-19.

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Bitcoin Price: How Will Halving, Coronavirus Affect BTC?

Bitcoin prices may see a pickup in volatility ahead of the 2020 halving as the coronavirus pandemic threatens to disrupt cross-continental BTC mining operations.

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Gold Prices Drift Lower As Covid Treatment Hopes Lift Market Mood

The gold price slipped in Asia as investors looked with renewed expectation to treatments under test in the United States. Haven assets remain supported by the prognosis that rates will remain low,...

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AUD/USD Rate Eyes March High as FOMC Sticks to Dovish Forward Guidance

AUD/USD faces a key test going into May as the exchange rate approaches the March high (0.6685) following the Federal Reserve meeting.

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Japanese Yen May Rise as CLO Market Faces Wave of Credit Downgrades

The Japanese Yen may rise if a tidal wave of credit downgrades in the virus-shaken collateralized loan obligation (CLO) and leveraged loan market put a premium on anti-risk assets.

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Australian Dollar Slide Halts As China PMI Holds Above 50 But Misses Forecast

The Australian Dollar was pressured as comments from Donald Trump on coronavirus retaliation against China hit risk appetite. News that China's manufacturing sector continues to expand steadied it.

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USD/CAD Rate on Track to Snap Monthly Range Following FOMC Meeting

USD/CAD appears to be on track to snap the monthly range following the FOMC meeting as the exchange rate extends the series of lower highs and lows from earlier this week.

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Wall Street, Gold Prices Rise as US Dollar Sinks Despite 2008-Low GDP

Wall Street’s best day in over 3 weeks sunk the haven-linked US Dollar as anti-fiat gold prices rose. A virus drug trial, the Fed and rosy tech earnings overshadowed 11-year-low GDP.

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US Dollar Chart Setups Post-FOMC: DXY Index, EUR/USD & AUD/USD

US Dollar slid further after the FOMC meeting press statement release crossed the wires and as traders digested commentary from Fed Chair Powell. Where is the DXY Index, EUR/USD and AUD/USD price a...

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S&P 500 Price Outlook: Sentiment to be Bolstered by Strong Earnings

Earnings from Microsoft, Facebook and Tesla will play their part in influencing the S&P 500 on Thursday after the three firms reported a series of upbeat results.

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