Euro Forecast: EUR/USD Rally Fading, Will European PMIs Rekindle Bulls?

The Euro’s rally versus its major peers has been fading since the EU Summit deal.Attention is turning to next month’s ECB meeting. Will rosy European PMIs rekindle EUR/USD’s rise?

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Gold Price Outlook Hinges on Federal Reserve Economic Symposium

Current market conditions may keep the price of gold afloat as the FOMC appears to be on track to retain the current policy at the next rate decision on September 16.

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US Dollar Outlook: EUR/USD Price Spikes Lower on PMI Data

EUR/USD price action plunges to session lows in response to August 2020 IHS Markit PMI data that just crossed the wires, which detailed US economic activity outpacing Eurozone economic growth.

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USD, EUR/USD & More: Charts for Next Week

The USD is in recovery mode at the moment, but will that be all it is? Charts and levels to watch as a new week arrives...

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USD/JPY Outlook: USDJPY Bulls Look to PMI Data to Stem the Tide

The dollar is trading weaker against the Yen through the Asia -Europe crossover after better than expected Japanese Flash PMI data. US PMI scheduled for later today.

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British Pound (GBP) Latest: UK PMIs Beat Expectations Underpinning Recent Sterling Strength

Sterling remains either side of 1.3200 against the US dollar after much better-than-expected PMI data but the UK is ‘not out of the woods yet’.

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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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