EUR/USD Rate Eyes 2020 High as RSI Threatens Downward Trend

EUR/USD may continue to retrace the decline from the 2020 high (1.2011) as the RSI threatens the downward trend carried over from the end of July.

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Australian Dollar Gains as China Data Assures Wait-and-See RBA Policy

The Australian Dollar surged back above the 0.73 level as Chinese industrial production and retail sales data exceeded expectations.

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Nasdaq 100, ASX 200, Straits Times Forecast: Will This Rebound Last?

The Nasdaq 100 index rebounded a second day on vaccine hopes and Oracle’s potential bid for TikTok’s US business. Asia-Pacific stocks look set to open mixed. China data are in focus.

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NZD/USD Outlook: Tilt in Retail Sentiment Persists Ahead of FOMC

The crowding behavior in NZD/USD persist ahead of the Fed rate decision even though the central bank prepares to release the updated Summary of Economic Projections (SEP).

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SPX Analysis: Oracle Wins TikTok Bid, Biden Maintains Lead in Polls

The S&P 500 is trading at key resistance as Oracle wins the bid to acquire TikTok. Election polls show Biden maintaining a strong lead over Trump.

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Pound Sterling Searches for Support as Brexit Bill Roils GBP

GBP price action comes back under pressure as the Brexit Withdrawal Agreement now hangs in jeopardy with UK politicians agreeing to move forward with the highly scrutinized Internal Market Bill.

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US Dollar Outlook: USD Price Action Focused on Fed Meeting

FX traders align their crosshairs with USD price action as market participants gear up for the Fed meeting scheduled this week. How might the Federal Reserve decision impact US Dollar outlook?

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GBP/USD Price Forecast: Retail Traders Confident Worst has Passed

Brexit uncertainty has pushed the British Pound lower in September and IG client sentiment data reveals retail traders are confident the worst has passed. What does this mean for GBP/USD?

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

European equity indices will look to keep pace with the Nasdaq 100 this week as tech rebounds and drives risk appetite. Lacking significant tech exposure, the DAX 30, FTSE 100 and CAC 40 may lag.

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Gold Price Eyes Bullish Breakout as USD Drops Ahead of FOMC

Gold price action is advancing as the US Dollar and Treasury Yields decline headed into the September Fed meeting. Will the FOMC reinvigorate precious metal bulls and help gold breakout higher?

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

Three of the most important central banks release their latest monetary policy decisions this week and commentary around these announcements will be closely parsed.

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Markets Week Ahead: S&P 500, British Pound, Brexit Woes, US Dollar, Fed

US equities, such as the S&P 500 and Nasdaq 100, finished their worst 2 weeks in months as the US Dollar gained. No-deal Brexit woes are coming back to haunt the British Pound ahead of the BoE. Wil...

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South African Rand: USD/ZAR Stable Ahead of SARB Rate Decision

The South African Rand may be in for additional gains against the US Dollar as fundamental facilitators could incite possible bearish technical indicators into fruition.

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British Pound (GBP) Latest - Brexit, BoE and Heavyweight Data All Collide This Week

A very busy week for Sterling traders with a wide range of high importance data and risk events ahead. GBP opens the week steady but for how long?

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Nasdaq 100, S&P 500 Index May Rise Ahead of FOMC Rate Decision

The Nasdaq 100 and S&P 500 index look poised to climb higher ahead of the upcoming Federal Reserve interest rate decision on September 16.

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Gold Price Vulnerable Ahead of FOMC amid Shift in US Dollar Sentiment

The price of gold may consolidate over the remainder of the month as the crowding behavior in the US Dollar appears to unwinding ahead of the Fed rate decision.

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GBP Eyes Brexit Impasse, Nasdaq May Pull Back on US-China Tech Tension

The British Pound continues to be at the mercy of political volatility from Brexit as the technology sector prepares for additional tension between the US and China.

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

The US Dollar may rise against ASEAN currencies like the Singapore Dollar if local retail sales and sentiment data disappoints. USD/IDR may fall on the Bank of Indonesia.

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AUD/USD Rate Rebound Stalls Ahead of RBA Minutes with FOMC on Tap

The Reserve Bank of Australia (RBA) Minutes may influence AUD/USD as Governor Philip Lowe and Co. “consider how further monetary measures could support the recovery.”

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