EUR/USD Price Outlook - Sitting on Multi-Week Support Ahead of Busy Data and Events Week

EUR/USD is respecting multi-week support for now but a packed week of important data and events could see this level tested again

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DAX 30 Slips Further on Continued Virus Concerns

Germany prepares for tougher restrictions as the rapid spread of coronavirus continues

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British Pound (GBP) Latest: GBP/USD Carving Out a Short-Term Top?

GBP/USD edging lower as US Dollar reversal persists. Thin liquidity exacerbates downside. FTSE 100 slips

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Canadian Dollar Outlook: USD/CAD Rebound May Continue Ahead of BoC

The Canadian Dollar could come under pressure ahead of the Bank of Canada’s upcoming monetary policy meeting as tightening restrictions fail to suppress the outbreak of local coronavirus infections.

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Gold Price Outlook: XAU/USD Rebounds from a 6-Week Low. Now What?

Gold prices snapped higher after dropping as much as 1.2% before Monday but a stronger USD and fading stimulus hopes may continue to weigh. Traders are eyeing US$ 1,807 for near-term support.

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US Dollar Bottoming? Smaller Fiscal Stimulus, Earnings, Covid Threaten ASEAN FX

The US Dollar may be finding a turning point against ASEAN currencies as smaller fiscal stimulus bets, soft earnings risk and Covid cases translate into some capital flight from equities.

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Australian Dollar Unimpressed by Chinese Q4 GDP as Retail Sales Lag

The trade-sensitive Australian Dollar slid marginally lower after disappointing retail sales data out of China overshadowed strong industrial production and Q4 GDP figures.

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Dow, Hang Seng, ASX 200 Outlook: China Q4 GDP, Stronger USD in Focus

A sour lead from Wall Street may set a downbeat tone for Asia-Pacific markets on Monday against the backdrop of a strengthening US Dollar. Investors are anticipating a strong Chinese Q4 GDP figure ...

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Markets Week Ahead: Russell 2000, S&P 500, Gold, USD, Biden Stimulus, Earnings, ECB

The S&P 500 declined as the Russell 2000 soared as markets digested Joe Biden’s fiscal package. Gold prices sank as the US Dollar shined. The week ahead is fairly busy, with bank and tech earnings,...

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Weekly Fundamental Gold Price Forecast: Lacking Luster, a Turning Point Arrives

Between investors seeking higher yielding and more growth-sensitive assets and a sense of disappointment over the Biden stimulus package, gold prices are struggling.

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Dow, Nasdaq, S&P 500 Outlook: Earnings May Bring Positive Surprises

The Dow Jones, Nasdaq 100 and S&P 500 stock indexes may find fresh catalysts as the release of Q4 US corporate earnings set the tone for what has been a record-scrapping rally.

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Euro Forecast: EUR/USD Week Ahead Outlook Poor, ECB Meeting in Focus

EUR/USD has dropped sharply over the last few days and may well fall further. However, it is also possible that the bad news is now priced in to the exchange rate and that further weakness will be ...

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US Dollar Rebound in Focus Ahead of US Presidential Inauguration

The US Dollar breaks out of the range bound price action from the first of January going into the inauguration of President-elect Joe Biden.

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Australian Dollar Outlook: Tied to Biden Stimulus Bets, S&P 500, US Dollar, Treasuries

The Australian Dollar sits on the crossroads of Treasury yields, the S&P 500 and US fiscal stimulus expectations. Will AUD/USD gains slow? Chinese Q4 GDP and Australian jobs data are due.

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South African Rand Price Forecast: USD/ZAR Tests Key Fibonacci Support

USD/ZAR falls to a critical level of support as rising death toll weighs on the Rand

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GBP/USD Weekly Forecast: GBP/USD Rally Out of Steam?

GBP underpinned as BoE downplays negative rates, alongside vaccine rollout.

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Consumer Confidence Dips, Reflects Growing Concerns Regarding Coronavirus

The rollout of COVID-19 vaccines and a partisan shift in expectations due to the anticipated impact of Biden's economic policies helped narrow the decline in consumer sentiment.

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Crude Oil Prices In Focus Amid Fears of Falling Demand

Crude oil prices retreat from 11 month high following fresh lockdown restrictions

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US Dollar and Japanese Yen in Demand, AUD Weak as Markets Sour - US Market Open

Risk market pullback to close the week. Japanese Yen and US Dollar better bid.

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USD/JPY Forecast: Yen Pushes Back After Jerome Powell’s Interview

The Japanese Yen has pulled back this weeks lost gains against the U.S Dollar but with next week’s BoJ announcement in focus, how will markets react?

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