Gold Price Outlook: XAUUSD Ready to Run - but Which Way?

Gold is in a precarious spot, and that can apply to both bulls and bears ahead of a big week of economic data and drivers.

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AUD/USD RSI Sits in Overbought Zone Ahead of Australia Jobs Report

AUD/USD may continue to carve a series of higher highs and lows as the RSI sits in overbought territory to show the bullish momentum gathering pace.

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Markets Week Ahead: S&P 500, US Dollar, Fed, Stimulus, British Pound, Brexit, Gold

Will market volatility pick up heading into 2021? A rollout in the Covid vaccine is being undermined by the ongoing US fiscal stimulus gridlock. Brexit woes are taking a toll on the British Pound. ...

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FX Week Ahead - Top 5 Events: Fed, BOE, & BOJ Meetings; Canadian Inflation; Australian Jobs Report

The final ‘full’ week of the year brings about the last wave of significant event risk from around the globe, including three central bank rate decisions (Fed, BOE, & BOJ).

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US Dollar Weakens Further Ahead of FOMC Meeting, USDJPY Nears Multi-Week Low

The US dollar basket is just a handful of pips away from making a fresh 32-month low ahead of Wednesday’s FOMC policy meeting

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DAX 30 Heading Higher Despite German Lockdown, EUR/USD Unfazed by ECB

Equity markets regain bullish momentum as Brexit and US stimulus hopes are renewed

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GBP/USD Rates Buoyed by Extended Brexit Talks But Will Rally Last?

The extension of Brexit negotiations has notably buoyed the British Pound. However, the lack of meaningful progress on several key issues suggests a no-deal scenario is still a firm possibility.

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Gold Prices Trade Lower Amid Stimulus Hopes and Vaccine Rollout

The prospects of a split US stimulus package and the rollout of Pfizer’s coronavirus vaccine sent gold prices lower on Monday. A weaker USD appears to offer little support to precious metal prices.

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US Dollar Catches a Break, Will it Last? Fed, ASEAN Central Banks Due Ahead

The US Dollar caught a break after persistent losses, but will it reverse against ASEAN currencies like the Indonesian Rupiah and Philippine Peso? Keep an eye on external risks like the Fed.

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S&P 500, Hang Seng Weekly Open: Vaccine Rollout and Stimulus Buoy Sentiment

An extension of the Brexit talks deadline may offer markets some relief. Pfizer’s Covid vaccine received emergency use authorization from the FDA. US fiscal stimulus, the FOMC and central bank meet...

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Natural Gas Prices May Rise on Temperature Outlook, Chart Setup

Natural Gas prices rose as colder temperatures looked likely across the southwest U.S. over the next two weeks. Near-term technical cues appear bullish but follow-through may be limited.

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British Pound Jumps as UK, EU Opt to Extend Brexit Negotiations

The British Pound popped upward while the anti-risk US Dollar and Japanese Yen fell as markets cheered news that UK and EU negotiators opted to extend Brexit talks.

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Markets Week Ahead: S&P 500, US Dollar, Fed, Stimulus, British Pound, Brexit, Gold

Will market volatility pick up heading into 2021? A rollout in the Covid vaccine is being undermined by the ongoing US fiscal stimulus gridlock. Brexit woes are taking a toll on the British Pound. ...

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US Dollar Outlook Hinges on Federal Reserve Interest Rate Decision

The Federal Reserve’s last meeting for 2020 may shake up the near-term outlook for the US Dollar with the bank slated to update the Summary of Economic Projections (SEP).

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Crude Oil Prices May Extend Gains as Investors Eye OPEC JMMC Meeting

Crude oil prices may continue to push higher on the back of positive vaccine news, a pickup in global demand and the moderate easing of OPEC+ output cuts.

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GBP/USD Weekly Forecast: Sterling on High Alert for Sunday Showdown

GBP Implodes, Option Volatility Explodes. No-Deal Brexit Risks Heightened.

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Dow Jones, Nasdaq 100, DAX 30, FTSE 100 Forecasts for the Week Ahead

The Dow Jones and Nasdaq 100 remain near record levels ahead of next week’s Fed meeting where slight modifications to the current framework are expected. The FTSE 100 will look to Brexit news.

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US Dollar Outlook Hinges on Federal Reserve Interest Rate Decision

The Federal Reserve’s last meeting for 2020 may shake up the near-term outlook for the US Dollar with the bank slated to update the Summary of Economic Projections (SEP).

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Gold Price Boosted by Risk-Off Move, US Dollar May Hinder XAUUSD Rally Next Week

Gold is currently pushing ahead as financial markets take a sharp risk-off turn ahead of the weekend. Next week, the US dollar may weigh on this move.

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DAX 30, CAC 40, FTSE 100 Forecasts for the Week Ahead

European indies have entered consolidation mode after surging higher in November. After treading water for days, the DAX 30 and CAC 40 appear slightly vulnerable but the bullish trend remains intact.

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