Euro at the Mercy of US-EU Trade Tensions Again. US Dollar to Rise?

The Euro may find itself again surrendering to the US Dollar as renewed EU-US trade tensions threaten to imperil European growth prospects at a time of unprecedented vulnerability.

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EUR/USD Levels to Watch as Bull Flag Formation Takes Shape

EUR/USD pulls back from the weekly high (1.1349), but a bull flag formation may unfold over the coming days as the RSI preserves the bullish trend from March.

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Japanese Yen Outlook: AUD/JPY May Drop on Geopolitical, Virus Risks

AUD/JPY’s slide may intensify as US-EU trade tensions and the continued rise in global coronavirus cases fuels risk aversion.

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Asia-Pacific Stocks Set to Fall on Virus Concern; Crude Oil Prices Tumble

Stocks across the Asia-Pacific may fall sharply after a bloodbath trading session on Wall Street, as virus concerns contained risk appetite. Crude oil prices tumbled over 5%.

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NZD/USD Rate Vulnerable Following RBNZ as RSI Snaps Bullish Formation

NZD/USD may continue to give back the advance from the start of the month as the Relative Strength Index (RSI) snaps the upward trend carried over from March.

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AUD, APAC Stocks at Risk on US-EU Trade Tensions, Rising Virus Cases

The Australian Dollar and Asia-Pacific stock markets may be at risk to a selloff contagion during Wall Street trade amid mounting geopolitical tensions and rising Covid-19 cases.

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Dow Jones, Nasdaq 100, S&P 500 Forecasts: Stocks Pulled Higher by Tech

The Nasdaq 100 pressed to record heights this week as just a handful of big technology stocks continue to drag the rest of the market higher. Is this sustainable?

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Gold Price Eyes Jobless Claims Data as New Virus Cases Spike

Gold shows bullish breakout potential as the precious metal tops the $1,760-price level and sets its sights on eight-year highs amid exceptionally high unemployment and spiking coronavirus cases.

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Canadian Dollar Forecast: USD/CAD, CAD/JPY & NZD/CAD Levels

USD/CAD, CAD/JPY and NZD/CAD have recently begun to consolidate near support as each pair negotiates various themes and considerations. Here are the key levels to watch.

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NZD/USD Price Outlook: RBNZ Jawbones New Zealand Dollar Lower

The New Zealand Dollar takes a nosedive owing to increasingly dovish monetary policy outlook from the RBNZ with weakness in spot NZD/USD exacerbated by the market's latest risk-off mood.

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US Dollar Ticks Higher on Downgraded IMF Global Growth Forecast

US Dollar price action is ticking higher following the downgraded IMF global growth forecast, revealing a deeper downturn for 2020 and more sluggish recovery for 2021

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Dow, S&P Continue Consolidation; Nasdaq Tests Higher-Low Support

Despite a global pandemic and an unprecedented sucker punch to global growth, the Nasdaq has continued up to another fresh all-time-high.

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Crude Oil, DAX & Silver: Index & Commodity Charts

Oil is coming off a big area of resistance, could weaken further, the DAX could weaken but remains in a bullish channel for now, silver trying to break out.

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US Dollar, S&P 500, NZD/USD Analysis - Cross Asset Correlation

Elevated correlation between equity and currency markets makes risk sentiment the dominant driver.

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Crude Oil Prices May Fall as Market Mood Turns Sour

Crude oil prices may fall as the mood across global financial markets turns sour, helping to make good on emerging signs of bearish technical cues.

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US Dollar vs Mexican Peso: USD/MXN Building A Breakout Pattern, Rate Decision Eyed

USD/MXN is currently mixing lower highs and higher lows on the daily chart and the pair look likely to break this narrowing range shortly.

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British Pound (GBP) Latest: GBP/USD Upward Momentum Fading, FTSE Falling

The advance in GBP/USD so far this week seems to be stalling and the FTSE 100 index is easing in markets dominated by uncertainty over whether now is the right time to ease lockdowns.

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Euro Eyes Trend Top vs USD, EUR/CHF Rise May Flag Market Cheer

EUR/USD has surged to test familiar resistance marking the bounds of its two-year downtrend as EUR/CHF price action seems to suggest improvement in market-wide risk appetite.

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How AUD & NZD Exchange Rates Are Impacted by China’s Economy

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Gold Price Extends Bullish Behavior in June to Mark Fresh 2020 High

The price of gold extends the bullish behavior from earlier this year as the precious metal trades to a fresh 2020 high ($1774) in June.

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