EUR/USD Rebound Fizzles as Fed Chairman Powell Tames Bets for NIRP

EUR/USD may trade within a more defined range in the days ahead as Federal Reserve Chairman Jerome Powell tames speculation for a negative interest rate policy (NIRP).

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S&P 500 at Tipping Point? Fed Chair Powell Crushed Negative Rate Bets

The S&P 500 may be facing a tipping point as Fed Chair Jerome Powell struck down negative rate expectations. This could leave the Australian Dollar at risk as it follows Wall Street.

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US Dollar, VIX Index Pop as S&P 500 Price Plummets Post-Powell

Fed Chair Powell echoed opposition to negative interest rates and highlighted the lasting damage faced by the global economy due to the coronavirus, which boosted the US Dollar and VIX Index but pu...

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Euro Stoxx 50, IBEX-35 Price Outlook: Bulls Retreat as Virus Risks Resurface

European stocks move lower this week as coronavirus risks reemerge on worries that the economy may have to endure a longer than previously thought shutdown

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DAX 30 Forecast: Index Threatens Range Break Out, Awaits GDP

The DAX 30 has traded sideways since early April, establishing little progress in either direction. Trading near the topside of its range, can the index break out?

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Dow, S&P Continue Pullback - Are Bears Brewing for Another Push?

US equities have struggled this week after a really strong seven-week stretch. Are bears making a reappearance or is this a mere pullback in a bullish trend?

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

Will the ‘sell in May and go away’ stock market anomaly come to fruition this year amid coronavirus recession risk and rekindled US-China trade war tension? Or will Fed balance sheet growth and fis...

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US Recession Watch, May 2020 - US Yield Curve Hides the Truth

The Federal Reserve’s extraordinary stimulus efforts have had an understandable impact on the US Treasury yield curve – which has lost some utility.

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S&P 500, Gold, Oil : Index & Commodity Charts to Watch & More

Stocks look like they could roll over here soon, gold continues to coil up, while oil has a pattern that suggests a move could be near.

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Gold Struggles With Trend Resistance Ahead of Key Fed Speech

Gold continues to battle a narrowing trading range set-up over the last month. Will Fed Chair Jerome Powell’s speech later today spark a breakout?

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Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus

EUR/USD is in danger of breaking below trendline support as the markets wait for a 1300 GMT speech on current economic conditions by US Federal Reserve Chair Jay Powell.

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Euro May Fall Ahead of Merkel's Testimony to Bundestag on Covid-19

The Euro may fall ahead of German Chancellor Angela Merkel’s testimony to the Bundestag on updates regarding the Coronavirus and the outlook for lockdown policies.

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GBP/USD Remains Under Pressure as UK Economy Shrinks

UK preliminary Q1 GDP beat market expectations but still showed the largest quarterly contraction since the financial crisis in 2008. The Office for National Statistics (ONS) warned that the second...

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Crude Oil Prices Take Back Losses Despite Second Wave Covid Worries

The crude oil market is slightly torn between fears that the spread of coronavirus will crimp demand for longer than had been thought and suspicions that output will be cut still further.

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The Financial & Trading Skills Index

The DailyFX Global Financial Centres Index (GFCI) reveals data on the mostlucrative and widely available finance and graduate roles in top 20 cities around the world.

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Gold Price Holds Steady Even as Trump Pushes for Negative US Rates

The price of gold may continue to track the April range as plans to gradually restart the advanced economies appear to be restoring investor confidence.

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Dow Jones and S&P 500 Outlook: Will Wall Street Drop Fuel Long Bets?

Will recent declines in the Dow Jones, S&P 500 and Nasdaq Composite materially shift retail investors’ tendency to short equities? How can that impact the outlook for Wall Street?

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New Zealand Dollar Whipsaws as RBNZ Holds Rates as Expected But Widens QE

The New Zealand Dollar was volatile after its home central bank left rates at record lows but expanded its asset purchase program in the face of Covid's economic hit.

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USD/CAD Rate Tracks April Range Ahead of BoC Governor Departure

USD/CAD may continue to track the April range as Bank of Canada (BoC) Governor Stephen Poloz prepares to depart from the central bank in June.

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Australian Dollar May Fall After Nasdaq Composite Tumbled into Close

The Australian Dollar may be at risk after AUD/USD followed the aggressive slide in the Nasdaq Compositeinto the close. Ahead, Asia Pacific equities may fall as the Yen gains.

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