S&P 500 Gains on Fed, ASX 200 May Follow. Indonesia, Philippine Rates Next

The S&P 500 rose after the Fed, initially weighed down by soft retail sales data. The ASX 200 may climb after stellar local jobs data. Indonesian and Philippine central banks are on tap.

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Australian Dollar Pushes Higher on Better-Than-Expected Jobs Data

The Australian Dollar pushed higher against its major counterparts on the back of better-than-expected jobs data, as the unemployment rate unexpectedly fell to 6.8%.

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New Zealand Dollar Outlook: NZD/USD Nears Fresh Highs on Q3 GDP Beat

The New Zealand Dollar continues near fresh multi-year highs following a record breaking third-quarter GDP print. Asia-Pacific trading now focuses on the upcoming Australian jobs report.

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USD Price Outlook: US Dollar Whipsaws on Fed Bond Buying Plans

Wednesday's trading session was a volatile one as the US Dollar swung violently in the wake of fresh PMI data and an update from the Fed. What might be in store for USD price action looking ahead?

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Dow Jones, Nasdaq 100, S&P 500 Forecasts After The Fed And Into 2021

Markets negotiated the final FOMC meeting of the year Wednesday which reduced scheduled event risk until 2021. With few catalysts left, what will markets look to in the meantime?

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US Dollar Rises as FOMC Decision Holds Current Path

The Federal Reserve's most recent monetary policy decision leaves rates unchanged at 0.00%-0.25%, as expected. No major changes to its asset-purchase plans were announced leaving the US Dollar high...

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Gold Price Remains Capped by 50-Day SMA Ahead of Fed Rate Decision

The opening range for December raised the scope for higher gold prices, but bullion appears to be capped by the 50-Day SMA ($1872) ahead of the Fed rate decision.

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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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Mixed December PMI Reports Hint at Further Uncertainty

A beat in Manufacturing and a miss in Services further point to uncertainty in the US economic recovery.

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Crude Oil Latest: Brent Crude Price May Rise Further After Breach of $50 Level

The price of Brent crude oil looks to have consolidated its gains after climbing above the $50/barrel mark and is now well-placed to advance further in coming days.

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US Dollar Falls Further as Important Data and FOMC Meeting Near

The US dollar basket continues to fall and is touching the 90.00 level, a low not seen in over two-and-a-half years. Important data and FOMC decision later today.

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Euro Strengthens on PMIs, EUR/USD, EUR/GBP Levels to Watch

European PMI data comes in better than expected and gives the euro an extra push higher

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British Pound (GBP) Latest: GBP/USD Extending Gains, UK Inflation Falls Sharply

GBP/USD is climbing for the third successive day on continuing hopes of a post-Brexit EU-UK trade deal; the latest UK economic data show a steep drop in inflation.

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Gold Prices May Drop if the FOMC Sours Stimulus Expansion Hopes

Gold prices may recoil from chart resistance if Fed officials signal that stimulus expansion is not in scope near-term at the final policy announcement of the year.

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Canadian Dollar Outlook: USD/CAD, CAD/JPY Eyeing Inflation Data

The Canadian Dollar may continue to outperform its haven-associated counterparts on the back of the BoC’s wait-and-see approach to monetary policy and positive vaccine progress.

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Will Trade Wars Persist After the US Election?

What will the global economy and international trade regime look like under a Trump or Biden administration and how will that impact foreign exchange markets?

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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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Nasdaq 100 Approaches All-Time High, Will Hang Seng and ASX 200 Follow?

The Nasdaq 100 index surged 1.25% and closed near its all-time high as traders awaited a bipartisan stimulus plan ahead of the FOMC meeting on Wednesday. The Hang Seng and ASX 200 are poised to rise.

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Australian Dollar Analysis: AUD/USD Flirts with New Highs on US Stimulus Hopes

The Australian Dollar is flirting with fresh multi-year highs as renewed stimulus hopes in the U.S. bolsters market sentiment. Traders look ahead to the Federal Reserve decision and Australia's job...

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USD Price Outlook: US Dollar Braces for Fed Decision, PMI Data

US Dollar veered back toward two-year lows as USD price action weakened against major FX peers like the Pound, Canadian Dollar, Yen and Euro. Volatility may accelerate with PMI data and the FOMC on...

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