USD Price Outlook: US Dollar Reversal Attempt Eyed vs EUR & AUD

USD price action is trading on its front foot against the EUR and AUD to kick off August, which follows a nasty 4% spike lower recorded by the broader US Dollar last month.

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Silver Price Forecast: Silver Stumbles into Key Level of Support

Dollar weakness has helped to bring in a surge in gold and silver, but can bulls push through key level of Fibonacci support?

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Shapes of the Recovery: The Recession Alphabet - V, U, W, J, & L

As US GDP figures come into focus around the coronavirus pandemic, the financial world has been talking about a few more acronyms and abbreviations you might not know about.

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US Dollar Upside Momentum Weakens as ISM Manufacturing Improves

The US Dollar lost some upward momentum Monday morning, as the ISM manufacturing report beat estimates for July at 54.2 vs 53.6

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USD/CAD latest: Last Place Battle – Loonie or Dollar?

USD/CAD trading at key support zone with price lying in wait for a fundamental catalyst

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Will the US Dollar be the Comeback Kid of August? - US Market Open

US Dollar begin the month on the front-foot after worst monthly drop in a decade.

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Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE

The Nasdaq 100 soared as the US Dollar sank amid jubilant tech earnings and a dovish Federal Reserve. The Australian Dollar and British Pound face the RBA and BoE respectively. All eyes turn to the...

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GBP/USD, EUR/GBP and FTSE 100 Weekly Outlooks - UK Webinar

The latest Bank of England (BoE) policy announcement and US Labor Report at the back end of the week will set the tone for foreign exchange markets in the short- to medium-term.

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British Pound (GBP) Latest: GBP/USD Pulls Back From Multi-Month High

Sterling hit a multi-month against the US dollar on Friday but is now giving back some of last week’s gains as the US dollar finds a small bid.

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US Dollar Index May Rise on Stagnating Coronavirus Relief Bill Talks

The US Dollar Index (DXY) looks poised for a short-term recovery as US policymakers fail to find common ground on unemployment benefit payments.

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Crude Oil Prices May Fall Further, ISM Manufacturing Data Eyed

Crude oil prices may fall further after completing a bearish chart setup. July’s US ISM manufacturing survey may emerge as a near-term bearish catalyst.

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Gold Tags Fresh Record High Price as Extreme RSI Reading Persists

Gold tags a fresh record high price ($1988) on the first day of trade for August, while the extreme RSI reading persist along with the crowding behavior in the US Dollar.

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Euro at Risk on EU Digital Sovereignty Stance, USD Eyes Stimulus Talks

The Euro may pay the price for the EU’s stance on its digital sovereignty while the US Dollar eyes closely-scrutinized US fiscal stimulus talks.

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US Dollar Fundamental Outlook: USD/SGD, USD/IDR, USD/MYR, USD/PHP

The US Dollar slide extended against the Singapore Dollar, Malaysian Ringgit, Philippine Peso and Indonesian Rupiah. Focus turns to the US jobs report, ASEAN GDP and the RBI.

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AUD/USD Outlook Mired Ahead of RBA as RSI Divergence Takes Shape

AUD/USD trades near the 2020 high (0.7227) ahead of the Reserve Bank of Australia (RBA) rate decision, while the RSI threatens the upward trend established in July.

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S&P 500 Gains with Tech Earnings, Nikkei 225 Looks for Support

The S&P 500 index ended July with a 4% monthly gain, with technology firms doing most of the heavy-lifting. The Nikkei 225 index is looking for support at 21,900.

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New Zealand Dollar Poised to Rise Ahead of Unemployment, Inflation Data

The NZD/USD exchange rate may continue to climb ahead of New Zealand unemployment and inflation data after breaking above pivotal chart resistance.

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JPY May Fall if PMI Data in Key Supply Chain Economies Brightens Outlook

The Japanese Yen may fall if PMI data out of key Asian supply chain economies points to regional stabilization despite a rising number of Covid-19 cases across the world.

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Markets Week Ahead: Nasdaq 100, US Dollar, AUD/USD, RBA, GBP/USD, BoE

The Nasdaq 100 soared as the US Dollar sank amid jubilant tech earnings and a dovish Federal Reserve. The Australian Dollar and British Pound face the RBA and BoE respectively. All eyes turn to the...

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Nasdaq 100, DAX 30 & ASX 200 Forecasts for the Week Ahead

As the peak of earnings season fades into the rearview, equity markets will shift their focus back to more traditional economic data and possible election uncertainty in the United States.

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