AUD/USD May Retreat if Trump Covid-19 Infection Roils Markets

The cycle-sensitive Australian Dollar may fall vs the Greenback if news of Trump’s infection with Covid-19 spoils risk appetite and puts a premium on the haven-linked USD.

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Markets Week Ahead: Dow Jones, Gold, Oil, USD, Trump’s Infection, Stimulus?

The Dow Jones remained composed despite President Donald Trump's Covid infection, pressuring the US Dollar. Now crude oil and gold prices are eyeing a $2.2 trillion fiscal package, will it pass? Br...

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Dow Jones, DAX 30, Nikkei 225 Fourth Quarter Forecasts

Despite losses in September, equity markets rounded out the third quarter with gains as they transition into the fourth quarter. With a looming US Presidential election, further turbulence can be e...

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Japanese Yen Outlook: JPY May Rise as S&P 500 Falls on Stimulus Woes

The anti-risk Japanese Yen may rise if fading US fiscal stimulus hopes and FOMC meeting minutes pressure the S&P 500. What else does it face with the fourth quarter underway?

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Euro Forecast: EUR/USD Outlook Bearish Near Term, Bullish Long Term

EUR/USD is no longer oversold after its bounce last week and an extension of its previous decline now seems likely short term. However, the outlook longer term is more positive.

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Gold May Surrender on Lockdowns, Vice Presidential Debate, Fiscal Stimulus Stalemate

Gold prices may retreat if uncertainty around government lockdown orders, the vice-presidential debate and ongoing fiscal stimulus talks undermine global growth and inflation prospects.

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Dollar Forecast Hinges on Trump and Covid Headlines - For Next Week and Month

The Dollar – like risk assets – ended off this past week with another deep inhalation as market participants held their breath heading into October. With election, coronavirus and economic headline...

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AUD/USD Outlook Hinges on RBA Meeting, Australia Budget Update

Key developments coming out of Australia may influence AUD/USD as the update to the federal budget lines up with the Reserve Bank of Australia (RBA) meeting on October 6.

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British Pound (GBP) Outlook - Sterling Traders Should Prepare For a Volatile Week Ahead

Former British Prime Minister Harold Wilson once said that ‘a week is a long time in politics’ and next week could prove to be a seminal few days for the British Pound.

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US Presidential Election Timeline and Implications for Gold Prices

The price of gold has become more responsive to the macroeconomic landscape since President Richard Nixon took steps to end the Bretton-Woods system starting in 1971.

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S&P 500, Nasdaq Outlook: Stocks Stabilize After Trump Covid Sell-Off

Last night brought a quick jolt of volatility to US equity futures. But that sell-off, so far, has been short-lived, even with a poor NFP report.

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US Dollar, Gold, S&P 500 React to September NFP Report Miss

Nonfarm payrolls data for September 2020 just crossed the wires at 661K job gains and missed market forecast of 859K, but the US unemployment rate dropped further to 7.9% from 8.4% previously.

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USD/ZAR: Rand Slips After President Trump Tests Positive for COVID-19

President Trump has thrown curveball at global markets in the midst of an already volatile election race. How will this impact the Rand going forward?

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EUR/USD Price Remains Under Pressure After Lowly Inflation Data; US NFP Next Important Release

The single currency remains on the back foot after slightly worse than expected inflation data highlights the difficult job the ECB has to boost price pressures.

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British Pound Latest (GBP) - Boris Johnson & Von Der Leyen to Meet, Make or Break for Brexit?

GBP/USD rose on reports that UK’s Johnson and Von Der Leyen will meet to break the Brexit deadlock.

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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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