USD Surges, S&P 500 Futures Sink as President Trump Tests Positive For Covid-19

The US Dollar surged while S&P 500 stock index futures collapsed after news that President Trump had tested positive for Covid-19 roiled equity markets.

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Indian Rupee, Nifty 50 at Risk to a US Stimulus Setback After RBI Delay

The Indian Rupee and Nifty 50 may be at risk to capital flight with global sentiment focusing on US fiscal stimulus bets. This follows a delay to the latest RBI rate decision.

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Nasdaq 100 Futures Erase Gains, DAX 30 Tests Support, Oil Falls

US stocks shrugged off mixed economic data and ended higher. The tech sector outperformed. The DAX 30 index may test the 100-Day SMA. Oil prices plunged 4%.

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Gold Price Forecast: RSI to Indicate Waning Bearish Momentum

The price of gold extends the rebound from the September low ($1849), and the RSI may show the bearish momentum abating if it breaks out of the downward trend from August.

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AUD/USD Staging a Comeback as Joe Biden Surges in the Polls

AUD/USD is trading below a key resistance range after successfully bouncing from support at 0.7018 in tandem with growing support for Democratic nominee Joe Biden.

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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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