Sterling (GBP) Hit Further as EU Hardline Countries Push for a No Deal

Sterling is taking a secondary hit Wednesday after reports emerged that France and other hardline countries are pushing for a no-deal if the UK refuses to move its negotiating position

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S&P 500 Outlook: Topside Challenges and Downside Risks

Following the strongest monthly performance since April, the S&P 500 has gotten off to a strong start to December

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DAX 30 Consolidation Threatened as EUR/USD Strengthens

Dollar weakness continues to push EUR/USD higher and European equities could start to feel threatened

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Gold (XAUUSD) Price Rebound May be Short-Lived as Resistance Lies Ahead

Gold continues to claw back some of last week’s heavy losses but nears an area of technical resistance that may be difficult to breach in the short-term.

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British Pound (GBP) Latest: GBP/USD Gains Reversed on Trade Talk Pessimism

Signs that the talks between the EU and the UK on their post-Brexit relationship are faltering are knocking back GBP/USD, which is reversing some of its recent gains.

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US Dollar Price Outlook: DXY May Extend Fall on Renewed Fiscal Aid Hopes

The US Dollar Index (DXY) looks set to extend its slide to yearly lows on the back of renewed fiscal stimulus hopes and dovish rhetoric from several members of the Federal Reserve.

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Crude Oil Prices Eye Deeper Pullback on OPEC+ Doubts, Rising Stockpiles

Crude oil prices retraced further from recent highs as traders unwind expectations for an OPEC+ resolution to rein output. The American Petroleum Institute (API) reported a large build in crude inv...

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How AUD & NZD Exchange Rates Are Impacted by China’s Economy

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S&P 500 Hits Record High on Stimulus Hopes, Straits Times Index May Rise

Asia-Pacific stocks are poised to trade higher following strong US leads overnight. Renewed US stimulus hopes and prospects for herd immunity by summer next year buoyed risk appetite.

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Australian Dollar Forecast: AUD/USD Whipsaws on Upbeat AU GDP Print

The Australian Dollar is receiving a small boost following a better than expected Q3 GDP print, but upward price pressure is fading fast. On a quarterly basis, the Australian economy grew at 3.3% s...

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Silver Boosted on Renewed Stimulus Hopes, Equities Focus on AU GDP Next

December trading kicked off with the US Dollar breaching a new two-year low on renewed stimulus hopes. In turn, silver prices received a huge boost on stimulus-linked inflation outlooks.

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Winners in FX Markets After US Presidential Election: CAD & MXN

Both USD/CAD and USD/MXN rates showed significant weakness in the immediate reaction to the US presidential election results.

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Dow Jones Forecast for the Week Ahead

The Dow Jones enjoyed an almost parabolic climb in November which has since transitioned into a pattern of consolidation. With a largely constant fundamental landscape, technical levels might offer...

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AUD/USD Rate Fails to Test of 2020 High Ahead of Australia GDP Report

AUD/USD may trade within a defined range over the coming days as Australia’s GDP report is expected to confirm the first recession in nearly 30 years.

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US Dollar Breaches Big Support, Builds Evening Star on M1

It's been a brutal stretch for the Greenback since the Election last month. But there may be darker days ahead for USD bulls.

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Euro Rate Forecast: Bullish Breakouts Abound - Levels for EUR/CHF, EUR/JPY, EUR/USD

A new month brings new fortunes. The Euro is starting off December on strong footing.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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Gold Price Rebounds Ahead of July Low to Pull RSI Out of Oversold Zone

The price of gold appears to have reversed course ahead of the July low ($1758), with the RSI reflecting a textbook buy signal as it recovers from oversold territory.

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US Dollar Selling Renewed, GBP/USD Shorts Unwinding - COT Report

US Dollar shorts beginning to pick-up for the first time since September, while GBP/USD shorts unwind.

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USD/JPY Forecast: Yen Remains Robust with Bleak Dollar Outlook

Will the dreary Dollar continue to weigh in favor of the Japanese Yen as we enter into the final month of 2020?

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