USD/CAD Rate Reverses Ahead of June Low as RSI Breaks Out

USD/CAD appears to reversing course following the failed attempt to test the June low (1.3315) as the RSI breaks out of the downward trend established in July.

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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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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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ASX 200 May Rise on Strong US Leads, RBA Meeting in Focus

The ASX 200 index may open higher on Tuesday following a strong US trading session. Singapore’s Straits Times Index slumped to a key support at 2,500.

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NZD/USD Fails to Test January High Ahead of New Zealand Employment

NZD/USD has failed to test the January high (0.6733) ahead of New Zealand’s Employment report, which is expected to show the first contraction since 2019.

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Nasdaq 100 Record High Faces Resistance, AUD/USD Turns to RBA Next

While the Nasdaq 100 has hit a record high, futures show that key resistance has held. The Australian Dollar fell amid rising local Covid-19 cases, now awaiting the RBA next.

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Euro Forecast: Resistance Holds, For Now - Key Levels for EUR/JPY & EUR/USD

The Euro just had its best monthly performance versus the US Dollar since September 2010. A good omen?

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US Dollar Volatility: AUD/USD & NZD/USD Turn to RBA & Jobs Data

After sliding by more than 3% last month, the US Dollar is trying to turn higher against key FX peers like the Aussie and the Kiwi, which brings AUD/USD and NZD/USD volatility into focus amid key e...

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Gold Price Forecast: XAU/USD Threatens Bull Breakout, 2k in Sight

The Gold breakout theme has been running for a while now and as the yellow metal nears a first test of the 2k marker, the big question is what's next?

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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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