Euro Latest: EUR/USD Dives on Weak PMI, EU Recovery Optimism Questioned

The Euro weakens on EZ PMI’s providing caution for over optimism regarding the EU recovery.

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EU Stoxx 50 Index May Fall On Disappointing Manufacturing PMI Data

The EU Stoxx 50 index is at risk of extended declines as investors' eye the Euro-zone’s preliminary manufacturing PMI release for August.

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Philippine Peso, Indonesia Rupiah May Rise as USD Sinks on Capital Flows

The Philippine Peso and Indonesian Rupiah may climb versus the US Dollar after rates were left unchanged amid an improving outlook. Capital continues flowing into emerging markets.

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Dow Jones Struggles to Hold Gains. Nikkei 225, Hang Seng May Rebound

The Dow Jones Industrial Average had a V-shaped rebound on Thursday and closed marginally higher. Japan’s Nikkei 225 and Hong Kong’s Hang Seng may rise today.

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AUD/USD Outlook: 2019 High Remains on Radar After RBA & FOMC Minutes

The 2019 high (0.7295) remains on the radar for AUD/USD as it retrace the decline following the FOMC Minutes, while the crowding behavior in the US Dollar persists.

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Crude Oil May Rise on Renewed US-Iran Tensions Ahead of 2020 Election

Crude oil prices may get a tailwind from revived US-Iran tensions. The upcoming RNC and speeches by President Donald Trump on foreign policy may reinforce political premonitions and amplify this dy...

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Australian Dollar Forecast: Is AUD/USD in Danger as Risk Appetite Wanes?

The Australian Dollar has staged a remarkable recovery from its covid-crash lows and has extended beyond February levels in many pairs. Still, the Australian Dollar is not impervious to changes in ...

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DAX 30, FTSE 100 & CAC 40 Forecasts for the Week Ahead

Risk appetite has wavered in the second half of the week, but losses are modest and volatility remains muted. If bearish breaks do occur, will they possess any follow-through?

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EUR/GBP Price Analysis: Euro subdued ahead of ECB Minutes

EUR/GBP has shown minimal price action of late but will the ECB provide the much needed catalyst in today's meeting?

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Fed Downplays Yield Curve Control, US Dollar Bounce, But For How Long?

Risk appetite has taken a slight hit with the US Dollar underpinned following the lack of policy hints in the FOMC minutes

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British Pound (GBP) Latest: GBP/USD Sell-Off a Dollar Driven Event, GBP/NZD Testing 200-DMA

The sharp sell-off in cable on late Wednesday was primarily driven by a reversal higher in the US dollar after the FOMC nudged back further forward guidance.

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USD Index Outlook: DXY Recovery May Fizzle Out Ahead of US Jobs Data

The US Dollar index ‘s (DXY) recent recovery may fizzle out as investors eye upcoming US jobless claims data.

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Gold Price Drop May Continue as Fed Stimulus Hopes Unravel

Gold prices slumped after minutes from July’s FOMC meeting signaled the Fed is no hurry to expand its stimulus toolkit. Deeper losses look likely ahead.

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USD/CAD Forecast: RSI Divergence Indicates Failed Test of January Low

The RSI for USD/CAD indicates a failed attempt to test the January low (1.2957) as the indicator deviates with price after struggling to push into oversold territory.

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AUD/USD Rates May Rise as Iron Ore Prices Soar to Multi-Year High

The AUD/USD exchange rate may rise on the back of soaring iron ore prices and falling Covid-19 case numbers in Australia’s second most populous state.

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Nasdaq Falls After Fed Minutes. ASX 200, Straits Times May Open Lower

The Nasdaq Composite fell 0.57% from the record high after the release of the Fed minutes. The ASX 200 and the Straits Times Index may follow the US stocks lower. The US Dollar index surged 0.77%.

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NZD/USD Rebound Fizzles as FOMC Minutes Foreshadow Change in Guidance

NZD/USD pulls back from the weekly high (0.6651) as the Federal Open Market Committee (FOMC) Minutes foreshadow a change in the forward guidance for monetary policy.

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S&P 500 and Gold Prices Wobble into Wall Street Close, AUD/USD May Fall

The S&P 500 and gold prices wobbled after the FOMC minutes undermined yield curve control bets. The AUD/USD may be vulnerable if Asia Pacific equities follow Wall Street lower.

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US Dollar & Treasury Yields Climb on Fed Meeting Minutes

The US Dollar and Treasury Yields are driving higher in response to July 2020 Fed meeting minutes that just crossed the wires, which highlighted a muted pace of asset purchases as market functionin...

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Dow Jones Forecast Largely Unchanged After Fed Minutes Despite Losses

The Dow Jones suffered minor losses following Wednesday’s FOMC minutes release. Still, the longer-term outlook remains conducive for further stock strength.

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