S&P 500 Outlook: Stocks Flop, VIX Pops on Failed Stimulus Talks

S&P 500 price action pivoted lower from intraday highs as market optimism for another fiscal stimulus package faded throughout the session following uninspiring remarks from key politicians.

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EU Stoxx 50 Forecast: Bears Ready to Drag Index Lower on Rising Virus Cases?

Recent price action brought the EU Stoxx 50 Index to the bottom half of a range established through the recent summer months, but rising Covid cases across Europe may push the index lower in the sh...

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Gold Price Forecast: XAU/USD Climbs to Resistance, Will it Rally?

After suffering losses throughout September, gold has recovered meaningfully in the last two weeks and nears overhead resistance as a result. Can the precious metal continue higher?

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Japanese Yen Forecast: Turning the Corner in EUR/JPY, GBP/JPY, & USD/JPY Rates?

Amid global equities climbing higher, the Japanese Yen has seen demand fade, particularly after a bout of disappointing Japanese economic data.

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Copper Crushed as Silver Struggles to Set Support

It's been a rude start to Q4 for Copper; but there may be a silver lining in Silver prices.

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US Dollar Bounces Off Support Amid Key Economic Data Releases

US Dollar turns positive in early Thursday trade following the release of several key data releases on the American economy while GBP/USD price action snaps sharply lower as Brexit uncertainty esca...

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Euro Pound Forecast: EUR/GBP Risk of Hard Brexit Returns as Channel Forms

Hopes of a Brexit deal appear distant, pushing price action into a channel formation

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Euro Forecast: Key EUR/USD Levels to Watch

Euro holding on month & quarter end gains, however, downside risks are looming for the single currency

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Gold Price (XAU/USD) Latest - Struggling to Make Further Headway

Gold remains stuck in a short-term sideways pattern and needs a fundamental driver to force a breakout. US dollar price action around Friday’s NFP report may provide that driver.

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British Pound (GBP) Latest: GBP/USD Trend Higher Persists as Risk Appetite Improves

Sterling is extending its recent upward trend as trader appetite for risk continues to improve on robust US data, signs a US fiscal stimulus program could be agreed and Covid-19 vaccine hopes.

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EUR/JPY Rates Rebound at Risk as ECB Flags Tweaks to Inflation Target

The EUR/JPY exchange rate’s rebound from multi-month lows may prove short-lived as the European Central Bank flags the potential adoption of average inflation targeting

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Crude Oil Price Forecast: Boosted by Weaker USD, Falling Stockpiles

WTI crude oil prices climbed on stimulus hopes and a bigger-than-expected fall in DOE stockpiles. An immediate resistance level can be found at US$ 40.4 – the 100-Day SMA

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AUD/USD Rebound to Gather Pace as RSI Shows Bearish Momentum Abating

AUD/USD extends the rebound from the September low (0.7006) as the RSI appears to be on the cusp of snapping the downward trend carried over from the previous month.

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Copper Price Eyes 2020 High as China Data Indicates Robust Recovery

Copper may continue to climb higher in the final quarter of 2020, as soaring Chinese demand and rebounding global manufacturing activity underpins the ductile metal.

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ASX 200 Follows Wall Street's Post-Debate Rally, Tokyo Delays Open

Asia-Pacific stocks may follow positive leads from the US markets. Sentiment was lifted by stimulus hopes and a better-than-expected ADP jobs report.

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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EUR/USD Bullish Price Sequence Pushes RSI Towards Trendline Resistance

The Relative Strength Index (RSI) may offer a bullish signal for EUR/USD as it reverses ahead of oversold territory and approaches trendline resistance.

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S&P 500 Near Key Resistance After First US Presidential Debate. Who Won?

The S&P 500 is trading near key resistance following the first US presidential debate. Subsequent polling data showed one candidate significantly outperformed his counterpart.

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Canadian Dollar Forecast: CAD/JPY Hovers Over Major Support

The Canadian Dollar has weakened alongside equity markets in September, sending CAD/JPY to test major support. With the market tip-toeing between risk appetite and aversion, where is the pair headed?

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Dow Jones, Nasdaq 100, S&P 500 Forecast for the Month Ahead

US equity markets concluded an expectedly volatile month of September with notable losses as investors juggled stimulus hopes with continued covid outbreaks and election uncertainty. What’s next?

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