AUD/USD at 21-Month Swing High Despite Narrowing Trump-Biden Spread

AUD/USD is trading at a key inflection point, marked by the December 2018 swing-high. Could a narrowing Trump-Biden spread catalyze a pullback?

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VIX Index ‘Fear-Gauge’ Climbs as S&P 500 Surges to New Record

VIX Index ‘fear-gauge’ has conspicuously advanced alongside the S&P 500 over recent trading sessions as stocks push to new all-time highs into a period of seasonally elevated market volatility.

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Gold Price Forecast Remains Encouraging on Ever-Expanding Stimulus

The outlook for gold prices remains constructive as central banks give little indication that their efforts to revive their respective economies are near their end. Gold may benefit as a result.

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USD Price Action: US Dollar Tests Big Support - EUR/USD, GBP/USD

The US Dollar is starting off September with a support test at a major level, and this seems inextricably linked to EUR/USD testing 1.2000.

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Nasdaq 100 Price Gains Continue as Tesla Stock Soars Despite Bubble-Like Conditions

The Nasdaq 100 is driving higher again this week as exuberant stocks like Tesla help bolster the tech-heavy Nasdaq. That said, concern may be warranted as gains have become increasingly targeted.

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US Dollar Claws Back Losses on Solid Manufacturing PMI Data

The US Dollar is attempting to go green as USD price action leaps higher in response to the latest manufacturing PMI data released by the Institute of Supply Management, which topped market estimates.

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EUR/GBP Price Forecast: EURGBP Trades to 12 Week Low, Euro CPI data

The EUR/GBP pair has traded lower after failing to test the June high but there remain challenges to both currencies as Brexit talks stall.

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DailyFX Education Summit: Trade Your Market

The DailyFX Education Summit will be held online from September 15 to September 17. Register now!

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Trader Sentiment Data Send Bearish Signals on Stocks, Bullish Euro | Webinar

IG client positioning data are sending bearish signals on Wall Street and European stock markets but bullish signals on the Euro crosses.

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Euro Dollar Forecast: Bulls look to break above 1.200 as Euro Continues to Strengthen

US Dollar Weakness pushes EUR/USD RSI towards overbought territory.

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Crude Oil Price Chart Hits at Topping After Sharp 4-Month Rise

Crude oil price positioning hints that a reversal lower ma be brewing in the cards despite August having capped the biggest four-month rise in over 30 years.

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Gold Price Nears $2,000/oz. as the US Dollar Slumps, Retail Remain Long but Sentiment is Mixed

Gold opens the week on a positive note as the US dollar hits a 28-month low. Retail traders remain long of the precious metal but sentiment has turned mixed.

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British Pound (GBP) Latest: Path Clear For GBP/USD to Top 1.35

The strong advance in GBP/USD over the past week looks set to continue, with the December 12, 2019 high at 1.3516 a potential target for Sterling bulls.

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USD/CAD Rates May Extend Fall as RSI Dives Into Oversold Territory

The USD/CAD exchange rate may extend its 8-week decline as price snaps multi-year trend support and RSI dives into oversold territory.

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Australian Dollar Trades Near 2020 Highs Following Muted Reaction to RBA

The Australian Dollar held steady at yearly highs as the Reserve Bank of Australia opted to maintain the official cash rate at 0.25%.

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US Dollar May Fall as SGD, PHP Rise. USD/INR Eyes China-India Tensions

The US Dollar may weaken against ASEAN currencies like the Singapore Dollar and Philippine Peso. Meanwhile, China-India border tensions risk stirring USD/INR and Nifty 50 volatility.

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Nasdaq Climbs With VIX 'Fear Gauge', DAX 30 Falls Alongside Dow Jones

The Nasdaq’s astonishing 82% rally since March may slow down as the Volatility Index (VIX) surges. The DAX 30 and Dow Jones fell. The US Dollar remained calm.

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Euro Rate Outlook: RSI Indicator to Validate EUR/USD Breakout

The RSI may help to validate a near-term breakout in EUR/USD as the indicator threatens the downward trend established in August and approaches overbought territory.

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Japanese Yen May Fall Post Abe Resignation, AUD/USD Eyeing RBA

The Japanese Yen could be at risk to further losses. Despite broad weakness in stocks on Monday, the haven-linked US Dollar fell. Ahead, AUD/USD is eyeing the RBA rate decision.

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Dow Jones Forecast: Index Slips Ahead of Historically Bearish Month

The Dow Jones suffered a slight loss to start the week as volatility ticked higher and a seasonal lack of volatility is exchanged for a historically bearish month.

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