EUR/GBP Slides Through Initial Support as Euro Worries Mount

EUR/GBP is setting up to test 0.8700 on a combination of Euro weakness and Sterling strength. Important support nears and will have to stand firm to prop up the ailing pair.

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EUR/USD, USD/CAD Charts & Technical Outlook, and More

The Euro remains heavy as it trades around a very long-term technical threshold, USD/CAD remains firm as it digests Q1 rally.

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EUR/USD Hit as Germany Rules That ECB Actions are Against EU Treaty

German Judges dismisses complaints against ECB QE, however, rules that some actions are against EU Treaty.

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Gold Price Struggles as Risk Assets Begin to Shine, Trading Range Tightens

The price of gold is back under $1,700/oz. as markets switch their attention to riskier asset classes. A bid for gold however remains as central banks keep pumping cash into the system.

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British Pound (GBP) Latest: GBP/USD Boosted by Lockdown Hopes

GBP/USD is edging higher as risk assets rise on hopes that the Covid-19 lockdowns will be eased soon in more countries, but caution is called for ahead of Thursday’s Bank of England policy meeting.

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Euro at Risk as German Court Weighs ECB QE Program

The Euro is at risk as Germany’s constitutional court weighs on the ECB’s QE effort. If it rules against the central bank, the single currency may suffer alongside broader risk appetite.

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Australian Dollar Steady, RBA Leaves Rates On Hold As Expected

The Australian Dollar was well prepared for the RBA's May rate call which leaves the Official Cash Rate at 0.25%. The central bank acknowledged an ongoing economic threat from coronavirus but point...

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Gold Prices Down As Many Countries Weigh Covid Lockdown Rollback

Gold prices fell victim to better overall risk appetite as the prospect of a return to economic life gave investors heart. However, uncertainties remain and the market looks well supported.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and opens the door to violent volatility – and trading opportunities.

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USD/CAD Stalls as Crude Oil Prices Soar, AUD Faces RBA Next

The USD/CAD stalled at resistance as crude oil prices soared and sentiment recovered. Volatility may be due for the Australian Dollar next as it faces the RBA rate decision.

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S&P 500 Forecast: Airliners Suffer After Buffett Exits Sector Holdings

Airline stocks and funds fell under renewed pressure on Monday after well-known investor Warren Buffett exited his company’s substantial holdings in the airline industry.

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Stock Market Forecast: Should I Sell in May and Go Away?

Coronavirus recession fear and US-China trade war tension threaten to fuel another major downturn in global equities, which could underscore the sell in may and go away stock market anomaly.

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Gold Price Outlook: XAU Coils into May, Will GLD Buyers Hit the Bid?

Gold prices surged by more than 20% from the March lows to the April highs, leading to almost three weeks of mean reversion as markets grapple with projections.

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Dollar vs Mexican Peso Technical Outlook: USD/MXN Coil Continues

Mexican Peso is on the offensive for a second week with price consolidating within the April range. Here are the levels that matter on the USD/MXN technical charts.

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Nasdaq 100, FTSE 100 and ASX 200 Forecasts for the Week Ahead

Global equity markets weathered two important central bank decisions last week, but more lie ahead and economic data continues to deteriorate. Will volatility reemerge?

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Markets Week Ahead: Dow Jones, S&P 500, US Dollar, Non-Farm Payrolls

After a shaky week, the Dow Jones and S&P 500 face what is likely going to be the most severe non-farm payrolls report on record. A deterioration in sentiment could reignite strength in the US Doll...

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GBP/USD, EUR/GBP and GBP/NZD Outlooks - Weekly UK Webinar

UK PM Boris Johnson is set to announce steps to unwind the current coronavirus lockdown measures as the latest Bank of England policy meeting looms.

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EUR/USD Outlook Remains Bleak as ECB Forecasters Predict Economic Slump

The Q2 ECB survey of professional forecasters shows growth expectations for the block revised significantly lower and unemployment revised sharply higher.

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British Pound (GBP) Latest: GBP/USD Stalls, FTSE 100 Uneasy as US-China Tensions Increase

Sterling has given back all of last Thursday’s gains and is looking for support, while the FTSE 100 is being weighed upon by heightened tensions between the US and China over the coronavirus outbreak.

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Yen, US Dollar May Continue Higher Amid Global Recession Fears

The anti-risk Japanese Yen and US Dollar may continue to build higher as global recession fears grip global financial markets at the start of the trading week.

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