Australian Dollar Rises as RBA Holds Steady Ahead of Federal Budget

The Australian Dollar spiked higher against its major counterparts ahead of the Federal Budget as the RBA retained its wait-and-see stance to monetary policy.

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Crude Oil Outlook: OPEC World Outlook Report in Focus After Price Spike

Crude oil prices, after surging the most since May, are eyeing OPEC’s annual World Oil Outlook report as US fiscal stimulus bets improved market sentiment.

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Dow Jones Climbs on Biden-Win Odds, Hang Seng Index Extends Gains

US stocks climbed to a two-week high alongside a falling US Dollar as markets seemingly priced in a Biden-win outcome. Asia-Pacific equities may follow US indices higher.

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British Pound at Risk on EU-UK Brexit Fissure, Trump Fights Covid

The British Pound may come under intense selling pressure as the EU and UK remain divided over Brexit while President Donald Trump fights off the coronavirus.

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USD/CAD Rate Vulnerable Following Failed Attempt to Test August High

Recent developments in the Relative Strength Index (RSI) cast a bearish outlook for USD/CAD as the indicator snaps the upward trend established in September.

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How to Trade the Impact of Politics on Global Financial Markets

In a slowing global economy, the threat of geopolitical risks destabilizing global growth are elevated and open the door to violent volatility – and trading opportunities.

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EUR/USD Surged With Stocks on Election Polls, Fiscal Stimulus Hopes

EUR/USD spiked with equity markets as 2020 election polls show a growing spread between Biden and Trump along with hopes of future fiscal stimulus.

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Australian Dollar Outlook: Aussie Hinges on RBA Rate Decision Due

The Australian Dollar will likely be under the spotlight early Tuesday with AUD price action hinging largely on the scheduled Reserve Bank of Australia interest rate decision due at 03:30 GMT.

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US Dollar (USD) Presidential Election Performance May Prove Anything but Typical

We are heading into one of the most contentious US President elections in recent memory with a pandemic critically amplifying an already controversial polling. What has the US Dollar done in previo...

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USD Price Outlook: US Dollar Eyes Fed Speak, Stimulus, & Trump

The US Dollar extends its slide with an improvement in market sentiment over the weekend weighing negatively on the safe-haven currency, but USD price action looks ripe for more volatility ahead.

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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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US Dollar Correction, GBP/USD Flips to Short, AUD/USD Longs Halved - COT Report

US Dollar short squeeze, GBP flips to net short, while AUD/USD longs are halved.

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British Pound (GBP) Outlook - Brexit Newsflow Continues to Dominate Sterling

The EU and UK agreed to intensify trade discussions this weekend with both sides needing to move towards the middle ground to get even a basic deal agreed.

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Crude Oil Prices Eye ISM Data, US Fiscal Stimulus and Trump Health

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EUR/USD Rates Susceptible to Second Wave of Covid-19, Subdued Inflation

EUR/USD rates are at risk of extending their slide lower if a second wave of Covid-19 infections and subdued inflation forces the hand of the ECB.

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Gold Price Outlook Mired by Downward Trend in RSI

The price of gold may struggle to retain the rebound from the September low ($1849) as the RSI continues to track the downward trend from August.

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British Pound at Risk on EU-UK Brexit Fissure, Trump Fights Covid

The British Pound may come under intense selling pressure as the EU and UK remain divided over Brexit while President Donald Trump fights off the coronavirus.

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ASX 200 Index Outlook Dictated by RBA Rate Decision, Federal Budget

Australia’s benchmark ASX 200 index’s rebound from key support could prove limited ahead of the RBA interest rate decision and Australian Federal Budget.

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NZD/USD Analysis: RSI to Show Bearish Momentum Abating

NZD/USD appears to have reversed coursed ahead of the August low (0.6489), and the RSI may show the bearish momentum abating if it breaks out of the downward trend.

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US Dollar Fell as SGD Rose, PHP Struggled. Trump’s Health, Stimulus Eyed

The US Dollar gave up gains as the Singapore Dollar rose, but the Philippine Peso struggled. ASEAN currencies eye Donald Trump’s health, US fiscal stimulus hopes and Brexit talks.

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