British Pound (GBP) Latest: GBP/USD Increasingly Nervous About Brexit

The possibility that the UK will fail to agree a post-Brexit trade deal with the EU is increasingly a worry for GBP/USD bulls as the deadline for an extension approaches.

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EUR/USD Trades at 3-Month High Ahead of ECB Rate Decision

EUR/USD is stalling ahead of the ECB press conference while the US Dollar looks to hold its ground after falling to its lowest levels since March.

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NZD/USD Comes Up Against March High as RSI Pushes into Overbought Zone

NZD/USD has come up against the March high (0.6448) and the bullish momentum may persist as the Relative Strength Index (RSI) pushes into overbought territory.

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Gold Prices Sink, Crude Oil Risks Falling with OPEC+ Meeting in Doubt

Gold prices sank as ADP estimated a smaller contraction in jobs ahead of NFPs. Crude oil prices may fall with the OPEC+ meeting in doubt as WTI left behind a Doji candlestick.

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ASX200 Climbs to Post-Lockdown Highs Even though Australia Contracts

The ASX200 rallies to post-COVID highs even though Australia appears to be on track to face its first recession in 29 years.

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Dollar Outlook vs Mexican Peso, South African Rand, South Korean Won

The US Dollar has been aggressively declining versus the Mexican Peso, South African Rand and South Korean Won. The USD/KRW selloff may continue, but USD/MXN and USD/ZAR could start recovering.

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AUD/USD Forecast: 2020 High on Radar as RSI Sits in Overbought Zone

AUD/USD may attempt to test the 2020 high (0.7032) following the Reserve Bank of Australia (RBA) meeting as the Relative Strength Index (RSI) sits in overbought territory.

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NZD Rally May Extend into Asia as Data Stabilization Inspires Optimism

The New Zealand Dollar may rise with APAC stocks heading into Asia as data stabilization amid the coronavirus pandemic appears to be inspiring bullish sentiment.

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US Dollar & Volatility Swoon as Fed Achieves V-Shape Recovery

Largely thanks to the Fed, US Dollar selling pressure sinks the DXY Index to a fresh twelve-week low as appetite for risk runs rampant, crushes volatility, and steers the Nasdaq to its all-time high.

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FTSE 100 Forecast: Index Surges Through Price Gap, Can it Continue?

The FTSE 100 recently broke through a major level of resistance which allowed for bulls to quickly fill the gap that sat overhead. Can they continue their charge higher?

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Canadian Dollar Price Outlook: USD/CAD Grinds Around Big Fig Support

USD/CAD continues to test the 1.3500 level, even through the Bank of Canada rate decision; but sellers haven't yet been able to establish much for trends below 1.3500.

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Russell 2000 Bests Nasdaq Rally, Bonds Plunge on ADP & PMI Data

The reflation trade accelerates as Russell 2000 Index price action surges, outpacing tech stock stalwarts in the Nasdaq. Bonds swoon driven by encouraging ADP employment, ISM Services PMI data.

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US Dollar Forecast: Significant Technical Damage Sustained - Levels for DXY Index & USD/JPY

The US Dollar (via the DXY Index) has quickly exited its multi-month consolidation to the downside, but one pair has largely been absent from the move.

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Canadian Dollar Treads Higher on BOC Rate Decision

The Bank of Canada left its benchmark overnight interest rate unchanged at 0.25%, as expected, sending USD/CAD lower on Canadian Dollar strength

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Dow Jones, Copper & More: Index & Commodity Charts to Watch & More

The Dow continues to work its way towards the 200-day MA along with global stock market strength, the price of copper rising too into major resistance.

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EUR/USD Running Higher as Risk-On Sentiment Presses Down on the US Dollar

The Euro rally against the US dollar continues to push the pair higher, breaking resistance levels with ease. Recent PMI data however continues to suggest that the Euro-Zone recovery will be protra...

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US Dollar Out of Favour, Global Risk Rally in Full Swing - Cross Asset Correlation

Relentless global risk rally while US Dollar slides as investors seek alternative assets.

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British Pound (GBP) Latest: Few Signs Yet of End to GBP/USD Strength

GBP/USD continues to climb with other “risk on” assets on hopes of a global economic recovery. At some point there will be a retracement but for now the trend remains upwards.

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GBP/USD Faces a Familiar Foe While Merkel Pushes For Stimulus

GBP/USD remains confined within a bullish continuation pattern, while German Chancellor Merkel’s push for fiscal stimulus propels Euro higher.

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EUR/USD Rate Outlook Hinges on European Central Bank (ECB) Meeting

The European Central Bank (ECB) meeting may rattle the recent appreciation in EUR/USD if the Governing Council takes additional steps to support the monetary union.

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