Crude Oil Prices at 9-Month High as Traders Eye Stimulus, Vaccine Rollout

Crude oil prices are hovering at a 9-month high despite OPEC+ warning about a slower recovery in energy demand. A weaker US Dollar, the vaccine rollout and stimulus hopes buoyed prices.

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How China-ASEAN Relations Impact SGD, IDR, MYR, PHP

Learn about the ASEAN-China relationship and how to trade ASEAN currencies like the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit using the Core-Perimeter model.

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Dow Jones Pullback Sets A Sour Tone for Nikkei 225, ASX 200

The Dow Jones index pulled back for a second day while the Nasdaq 100 index gained 0.5% in a wake of Covid lockdowns. The Nikkei 225 and ASX 200 fell amid souring sentiment across the Asia-Pacific.

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US Dollar Outlook Dictated by Stimulus Talks Ahead of FOMC Meeting

The US Dollar may slide lower on the back of progress in fiscal aid talks. However, the FOMC’s wait-and-see approach to monetary policy may inspire a short-term rebound.

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Australian Dollar Down Despite On-Trend Chinese Economic Data

The Australian Dollar saw a modestly negative reaction to a mixed bag of Chinese economic data outcomes. AUD/USD slipped in broadly risk-off Asia-Pacific trade.

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New Zealand Dollar May Rise After Pullback as Market Mood Brightens

The New Zealand Dollar may rise after a pullback from chart resistance, buoyed by firming risk appetite. Wall Street ended Monday mixed but progress on US stimulus may now lift sentiment.

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How to Manage the Emotions of Trading

Controlling emotions while trading can prove to be the difference between success and failure.

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USD Price Outlook: US Dollar Oscillates in Effort to Form Support

The broader US Dollar dropped to a fresh two-year low early Monday, but USD price action staged a notable reversal as market sentiment and risk appetite deteriorated throughout the session.

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Nasdaq 100 Price Outlook: Tech Stocks Remain Bright Spot Amid Weakness

The Nasdaq 100 reclaimed its spot as the leading US index in December, outpacing both the S&P 500 and Dow Jones thus far. The tech-heavy index trades narrowly beneath record levels as a result.

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NZD/USD Clears Monthly Opening Range to Push RSI Into Overbought Zone

NZD/USD clears the opening range for December, with the advance from the monthly low (0.7006) pushing the Relative Strength Index (RSI) back into overbought territory.

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US Recession Watch, December 2020 - Yield Curve Hides Slowing Economy

The US Treasury yield curve has steepened in recent weeks (long-end rates rising faster than short-end rates), but that might not mean what you think.

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Top 10 Candlestick Patterns To Trade the Markets

Discover the 10 most reliable candlestick patterns for trading the financial markets.

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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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