USDJPY Pressing Down on Support as US Election, Covid Lockdowns Fuel Risk Aversion

USD/JPY continues to press down hard on multi-month support as the Japanese Yen picks up a fresh risk-off bid

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British Pound (GBP) Latest: GBP/USD Rallying After Wednesday's Spike Lower

GBP/USD is back to the 1.30 level and rising gently after Wednesday’s selloff led to a brief spike below trendline support that was soon reversed.

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EU Stoxx 50 May Fall Further on European Lockdowns Ahead of ECB

Europe’s benchmark EU Stoxx 50 index may extend its declines amid a wave of enhanced coronavirus restrictions ahead of the European Central Bank interest rate decision.

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Crude Oil, Gold Prices May Fall Further if US GDP Data Disappoints

Crude oil and gold prices may continue to fall if third-quarter US GDP data disappoints, triggering another round of liquidation across global financial markets.

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ASX 200 and Nikkei 225 Vulnerable to Further Declines as US Stocks Tumble

Asia-Pacific stocks might be vulnerable to a deeper pullback following a bloodbath session on the Wall Street due virus resurgence. The VIX Volatility Index soared whereas risk assets fell broadly.

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Gold Selloff to Accelerate With Less Than a Week Until Election Day?

Gold prices may face heightened liquidation pressure after XAU/USD broke a multi-week uptrend with the election less than a week away.

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S&P 500 Price Forecast: Options Traders Hedge Bets as VIX Soars

The S&P 500, along with the broader US equity group, closed deep in the red on Wednesday as markets grappled with the threat of rising coronavirus infection rates and mounting uncertainty headed in...

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Why Did the Nasdaq 100 Fall Today? What it Means for Tech Earnings

The Nasdaq 100 suffered an abrupt decline Wednesday, just a day before earnings are to be released from Apple, Amazon, Google and Facebook. Together, they represent a massive chunk of the index.

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Crude Oil Prices Spike Lower as Volatility Fuels Risk Aversion

Crude oil price action has crumbled over 5% during Wednesday’s trading session as coronavirus lockdowns mount and crush demand prospects for the commodity closely tied to economic activity.

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Central Bank Watch: BOE, ECB, & Fed Rate Expectations; EUR, GBP, Dow Positioning Update

Rate markets are pulling forward ECB interest rate cut expectations ahead of the October policy meeting.

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How Will Markets React to the 2020 US Presidential Election?

A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.

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SA Rand Update: Budget Speech Preview, CPI Remains in Target Band

USD/ZAR Price analysis ahead of the much anticipated Medium-Term Budget Policy Statement

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Trump Vs. Biden on Economies and Markets

Depending upon the outcome of the November presidential election, the US economy could take very different tracks.

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US Dollar Bid on Safe Haven Flows vs EUR/USD and GBP/USD

Risk aversion across markets as Eurozone nears lockdown, US Dollar given modest boost against counterparts.

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EUR/USD Slumps as COVID-19 Resurgence Roils the Euro Ahead of the ECB Rate Decision

The Euro is under pressure as a fresh spike in coronavirus new cases and hospitalizations across Europe threatens a second wave of national lockdowns.

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British Pound (GBP) Latest: GBP/USD Hovering Close to 1.30 Amid Brexit Talks

GBP/USD will likely continue to trade around its current level as the EU and the UK continue to discuss their post-Brexit relationship and the US elections come closer.

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Canadian Dollar Poised to Fall Ahead of Bank of Canada Rate Decision

The Canadian Dollar could lose ground against the ‘safe haven’ Japanese Yen and US Dollar ahead of the upcoming Bank of Canada interest rate decision.

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Gold Price Coils Up in Tight Range. Will US Election Trigger Breakout?

Gold prices are coiling up in a tight range with an eye on key support level at US$ 1,900. Will the US election serve as a big breakout catalyst?

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How Will Markets React to the 2020 US Presidential Election?

A second term of Trump or a first term of Biden could have significantly divergent outcomes for the U.S. economy and global financial markets.

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S&P 500, Dow Jones: Can Stock Markets Predict Presidential Elections?

Does S&P 500 and Dow Jones Industrial Average performance 3 months or 1 year before a US presidential election impact its outcome? Data since 1932 are analyzed.

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