EUR/USD Rallying Towards a Multi-Week High, ECB And Bundesbank May Clash

A bout of risk-on sentiment is pushing the Euro higher against the US dollar and back towards levels last seen in March.

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US Dollar Drops as S&P 500 Futures Break Key Barrier - US Market Open

US futures on the front-foot, while the US Dollar is coming under sizeable selling pressure.

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Stocks, AUD, GBP, EUR Sentiment Lifted by Lockdown Easing | Webinar

Trader confidence in ‘risk on’ assets including stock market indexes and currencies such as the Australian Dollar, the British Pound and the Euro has improved as coronavirus lockdowns are eased.

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Gold Price Remains Constrained, Risk-On Rally Stalls Upside Progress

Gold continues to consolidate in a tight range with political risk and market optimism battling to take control of near-term price action.

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US Dollar Shorts Slashed, GBP/USD & EUR/USD Shorts Pick-Up - COT Report

Speculative US Dollar shorts slashed. Investors defensive on risk sensitive currencies amid US-China tensions.

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Gold Prices Echo US Dollar Drop as Market Mood Improves

Gold prices are finding support despite typically unfriendly market conditions as the US Dollar swoons, boosting the appeal of anti-fiat alternatives.

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British Pound (GBP) Latest: GBP/USD Holds Support, Creeping Higher

GBP/USD continues to edge ahead despite a political storm over UK Prime Minister Boris Johnson’s chief adviser Dominic Cummings.

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EUR/USD Rate Tracks Monthly Range While ECB Rules Out V-Shape Recovery

EUR/USD may trade within a more defined range over the remainder of the month as the recent rebound in the exchange rate fails to trigger a test of the May high (1.1020).

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US Dollar May Rise as SGD Falls on US-China Woes, Indian Rupee at Risk

The US Dollar could rise against ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data.

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AUD May Fall on Australia-China Tensions, Euro Eyes €500b Proposal

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

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USD/CAD Rate to Face Record Decline in Canada GDP

Canada’s 1Q Gross Domestic Product (GDP) report may influence USD/CAD as the update is expected to show the biggest contraction since the data series began in 1961.

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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil

The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which could complicate virus economi...

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Crude Oil Prices May Be Plotting a Return to $40/Barrel WTI

Crude oil prices may be setting up for a rebound to revisit the $40/barrel level on the WTI benchmark. Gold prices are struggling to make good on an upside break.

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Euro Outlook Appears Bearish Ahead of German IFO Data

The Euro may suffer versus its G10 counterparts after German IFO data is released as the region wrestles with the recession-inducing coronavirus pandemic.

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Gold Price Outlook Mired Ahead of June by Negative RSI Slope

The price of gold may consolidate throughout the final week of May as the Relative Strength Index (RSI) reverses ahead of overbought territory and tracks a negative slope.

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US Dollar May Rise as SGD Falls on US-China Woes, Indian Rupee at Risk

The US Dollar could rise against ASEAN currencies such as the Singapore Dollar as US-China tensions seem to escalate. The Indian Rupee is also looking ahead of local 1Q GDP data.

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AUD May Fall on Australia-China Tensions, Euro Eyes €500b Proposal

The AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal

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NZD/USD Rate Vulnerable to Dovish RBNZ Financial Stability Review

Fresh remarks coming out of the Reserve Bank of New Zealand (RBNZ) may drag on NZD/USD as the central bank retains a dovish forward guidance for monetary policy.

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S&P 500 Struggling at Resistance, Volatility Risk Ahead Elevated

The S&P 500 shrugged off risk aversion to end last week higher, but upside momentum seems to be fading. US markets are offline today, raising the risk of volatility.

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Markets Weekly Outlook: US Dollar, Dow Jones, Australian Dollar, Crude Oil

The US Dollar has slowed its descent with the Dow Jones leveling off as crude oil prices rise with lockdown easing bets. US-China tensions seem to be heating up which could complicate virus economi...

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